Vis - Hvar - Šolta

Komiža, a charming town located on the western coast of the Croatian island of Vis, spoils residents with its compelling history, abundant fishing culture, and breath-taking nature. Iconic landmarks such as St. Nicholas’s monastery dating back to the 13th century lures history aficionados while the fascinating Geopark and Archaeological Museum serve as enticing attractions. Nestled amid azure sea vistas and verdant hills, life in Komiža is a fascinating blend of historic charm, opulent beach life, and modern amenities. Here's what you can expect when considering buying a luxury home in Komiža.

Exclusive Property Market in Komiža

The exclusive property market in Komiža is currently stable, with a moderate and balanced supply and demand. While there are a few distinct areas that are highly sought after, such as Rukavac and Podšpilje, there are adequate luxury properties available for purchase.

Political and Economic Stability

The political and economic situation in Komiža is stable, thanks in part to its part of the Split-Dalmatia County. As a part of Croatia, an EU member state, Komiža benefits from the overall political and economic stability of the country.

Transacting in Komiža's Property Market

While the exact real estate commissions are subject to negotiation, on average both buyers and sellers in Komiža typically pay a commission of around 3% each. The transfer tax on private property is calculated at the rate of 3% in Komiža. Furthermore, the wealth tax and additional costs such as notary fees and possible inspection or legal costs should be taken into account as well. Direct profits made from selling a privately-owned main residence or a secondary home in Komiža are subject to income tax at a progressive rate which can go up to 36%. Companies registered in Komiža pay a corporate tax of 18%. For registered residents, the income tax rate varies depending upon the income bracket.

Mortgages and Purchasing a Property

Typically, foreign buyers may finance up to 50% of the purchase price through a mortgage. The specific requirements and maximum amounts would depend greatly on the individual's income and financial circumstances.

Residential Areas and Accessibility

The most sought-after residential areas for luxury homes in Komiža include Rukavac and Podšpilje. As for accessibility, the road from Vis, the largest nearby city, to Komiža is well-maintained and allows for smooth travel. Unfortunately, there are no rail connections. The nearest international airports are Split Airport and Brač Airport.

Schools and Universities

Educational institutions in the vicinity of Komiža include the Primary School Komiža and Vis High School. For higher education, residents may need to travel to larger cities in Croatia such as Split or Zagreb.

Healthcare Facilities

Healthcare services are provided by the Vis Health Center which provides routine medical care for residents. For more advanced medical care, residents would typically travel to larger cities in Croatia.

Lifestyle and Amenities

With a population of around 1,500, Komiža offers an idyllic lifestyle characterized by its beautiful natural landscapes, clear waters and temperate Mediterranean climate. For sports enthusiasts, sailing, fishing, and diving are popular pastimes. The town lacks no luxury lifestyle shops and offers a good selection of high-end restaurants. Komiža enlivens every year with celebrated events like the Fishermen's Night Festival. The town offers impressive public amenities including paved paths, street lighting, and a well-connected bus service. Living in Komiža is about embracing a curated blend of history, luxury, leisure and tranquillity, with the soothing rhythm of the azure waters as your constant companion.