Pazin - Okolica - Gračišće - Tinjan

Pazin, the heart of Istria, is steeped in rich history dating back to the 10th century when it was first recorded as Castrum Pisinum. The town's central highlight is the medieval Pazin Castle, perched dramatically above the Pazin Chasm, an underground cave that has inspired many legends and even Jules Verne's novels. Pazin's historical importance is further underscored by its prestigious status as the administrative center for Istria County. Its geographical location in the picturesque central region of the Istrian peninsula makes it an attractive hub for exploration and living.

The Exclusive Property Market in Pazin

The exclusive property market in Pazin is currently stable, presenting a balanced ratio between demand and supply of luxury homes and apartments. The political and economic situation in Pazin contributes to this stability, making it a secure investment choice for discerning buyers.

Real Estate Costs and Commissions

When buying a luxury home or apartment in Pazin, buyers typically pay a real estate commission ranging from 3% to 5% of the property value. Sellers usually incur a similar commission rate. Other additional costs to consider include a 3% transfer tax on private property, notary fees, legal costs, and potential expenses for construction inspections.

Taxes on Property Sales

There is no wealth tax on the private ownership of a house in Pazin. However, profits made from selling a second or vacation home are subject to capital gains tax, but there is no tax on the profit if the property was used as a main residence. Corporate taxes on profits for registered companies stand at 18%, and the income tax rate for registered residents ranges from 20% to 30% depending on their income bracket.

Mortgage Requirements

For buying a house in Pazin, mortgage requirements typically stipulate a substantial ratio of own capital to foreign capital. Lenders generally finance up to 70% of the purchase price, and the buyer's income needs to support monthly repayments adequately.

Prime Residential Areas

The most expensive and sought-after residential areas include the town center near the picturesque Pazin Castle and the serene outskirts with lush landscapes, such as the areas around Grdoselo and Zabrežani.

Accessibility

Pazin is highly accessible via the Istrian Y motorway, connecting it seamlessly to other parts of the peninsula. By rail, it is well linked to major Croatian cities. Pazin is approximately 35 kilometers from Pula, the nearest large city, which hosts an international airport. The Rijeka Airport and Venice Marco Polo Airport are also accessible options for international travelers.

Educational Institutions

In the vicinity of Pazin, several prestigious institutions cater to various educational needs, such as Pazin College, Pazin Gymnasium, and the University of Pula providing higher education opportunities within a reasonable distance.

Nature and Environment

The environment around Pazin is characterized by lush green landscapes, rolling hills, and clear streams, creating perfect settings for a tranquil lifestyle. The temperate Mediterranean climate ensures warm summers and mild winters, ideal for outdoor living.

Sports and Outdoor Activities

Pazin offers numerous outdoor activities, including hiking, cycling, caving at Pazin Chasm, and sports facilities like tennis courts and swimming pools.

Luxury Lifestyle Shopping

For luxury shopping, Pazin boasts a range of exclusive boutiques and designer stores, catering to the sophisticated tastes of its residents.

High-Quality Hotels and Restaurants

Pazin is home to high-quality and famous hotels like Vela Vrata and Istarske Toplice. Renowned restaurants including Konoba Vela Vrata and Vidikovac Lovac offer exquisite dining experiences. The town also features sophisticated nightlife options with stylish bars and occasional exclusive events.

Cultural Events and Institutions

Pazin hosts several well-known annual events, such as the Jules Verne Days and the Pazin Chasm Festival. The Ethnographic Museum of Istria and Pazin Castle are pivotal cultural attractions, and the town frequently hosts classical concerts and theatrical performances.

Healthcare Facilities

Health services are well provided with several hospitals and clinics in the vicinity, including the General Hospital in Pazin and specialized clinics in nearby Pula.

Public Infrastructure

Pazin boasts robust public infrastructure and amenities, including well-maintained roads, public transportation options, modern utilities, and comprehensive facilities, making daily life convenient and comfortable for residents.