Located on the breathtaking coast of the Adriatic Sea, Pula - Okolica is a historical gem adorned by the rich remnants of the Roman era like the awe-inspiring amphitheater and the Temple of Augustus. A bustling port city, Pula - Okolica, lies at the southern tip of the Istrian Peninsula, offering an idyllic mix of urban life and tranquil sea life, suitably embodied in the lifestyle of its dwellers. The city proudly showcases a vivid pastel palette through its architectural diversity, reflecting a Byzantine, Venetian, and Habsburg influence. In the heart of the town is the Pula harbor, home to a myriad of luxury yachts, a perfect canvas depicting Pula - Okolica’s high-end lifestyle.
Luxury Real Estate Market in Pula - Okolica
The current exclusive property market in Pula - Okolica can be categorized as stable, with steady growth in recent times. The supply of luxury homes and apartments is aptly meeting the high demand, attracting both local and international buyers.
Stability and Cost in the Exclusive Property Market
Pula – Okolica has a stable political and economic situation, creating an ideal environment for real estate investment. As for purchasing, buyers need to account for the real estate commission, which averages at about 3% to 6%. Sellers too pay a similar commission. Additional costs would include a transfer tax, notary fees, and potentially, legal costs and construction inspection costs. The transfer tax on private property is currently 3%, and it's essential to remember this while budgeting for a luxury purchase.
Taxes and Mortgages in Pula - Okolica
The wealth tax on the private ownership of a house in Pula - Okolica varies depending on the property value. One needs to pay tax on the profit made when selling a privately owned home or apartment that is used as a second or vacation home. The corporate tax on profits for registered companies stands at 18%. The income tax for registered residents varies between 24% and 36%, depending on the income level.
As for mortgages, one must have a good credit history, stable income, and a decent debt-to-income ratio.
Prime Locations and Accessibility
The most coveted residential areas in Pula - Okolica include the neighborhoods around the Arena and Kandlerova Street. Pula is well-connected by both road and rail. It is located approximately 115 km from the bustling city of Rijeka. Two main airports serve Pula: Pula Airport is only 6 km from the city, whereas Trieste Airport in Italy is 120 km away.
Local Amenities
Pula - Okolica boasts of renowned schools like the Juraj Dobrila University of Pula and the Pula Artistic Gymnasium. Annual cultural events include the Pula Film Festival and the Seasplash Festival. The city hosts some grand hotels, such as the Hotel Amfiteatar and the Saccorgiana Hotel, and offers a wide range of luxury shops, superb restaurants, and vibrant nightclubs.
Pula is part of the Istria County and has a population of around 57,460 inhabitants. It abounds with sea, hills, and forests, exhibiting a Mediterranean climate. For nature lovers, there's the Brijuni National Park and Kamenjak Nature Park. For art enthusiasts, cultural hubs like the Istrian Contemporary Art Museum and the Archeological Museum of Istria are a must-visit. Pula General and Marine Hospital provides substantial healthcare services.
Overall, the infrastructure is excellent and amenities comfortably available, making life in Pula - Okolica an absolute luxury experience.