Starigrad - Bol - Jelsa

Nestled on the sun-drenched island of Hvar in the Adriatic Sea, Stari Grad is the oldest town in Croatia, carrying a rich history dating back to 384 BC. A cultural treasure trove, it houses UNESCO heritage sites like the Stari Grad Plain and emanates an enduring old-world charm through its well-preserved historic buildings such as Tvrdalj Castle. The town enjoys an enviable geographical location, perched at the end of a long, protected bay and surrounded by lush vineyards and olive groves. The crystal-clear waters and mild Mediterranean climate complete the tantalizing allure of Stari Grad.

Luxurious Real Estate Market of Stari Grad

The current exclusive property market in Stari Grad is robust and stable, driven by a robust demand for luxury homes and apartments. Supply is keeping pace with demand, providing potential buyers with a diverse array of unique and opulent property choices. The town's political and economic situation is also stable, providing a secure environment for long-term investments. Transaction costs in the property market here are relatively low compared to more mainstream destinations. Typically, a buyer pays a real estate commission of around 3% to 6%, while seller commissions generally range from 1% to 3%. Extra costs to consider include a transfer tax, which is 3%, notary fees, and potential charges related to construction inspection or legal assistance.

Tax Duties in Stari Grad

The wealth tax on private house ownership in Stari Grad is relatively modest, and the profit from selling a privately owned home used as a main residence is tax exempt. If the property is a secondary or vacation home, you'll have to pay a 3% transfer tax on the sales price. Corporations in Stari Grad are subject to a 15% tax on profits while income tax for registered residents ranges from 15% to 40%, increasing progressively with income.

Lavish Residential Areas and Accessibility

The city's most coveted addresses are on the coastal stretch in the old town area and around the bay, where one can find beautifully restored Renaissance houses alongside modern villas. Allow yourself to be enchanted by the city's quaint streets and stone houses, bathed in the warm Adriatic sun. Worthy of being called an island paradise, Stari Grad is easily accessible by road, sea, and air, as the island of Hvar is well-connected to the mainland. It's a drive away from Split, the nearest big city, which houses an international airport.

Education, Amenities, and Luxury Lifestyle

Stari Grad provides an excellent infrastructure, including a reputable array of educational institutions, hospitals, and clinics. It offers a unique combination of vibrant local culture, outdoor sports activities such as yachting, diving and hiking, and a booming luxury shopping scene. Iconic hotels and plush restaurants line the streets, and the nightlife is a study in opulence with exclusive bars and clubs. Cultural enthusiasts can frequent the stellar museums, galleries, and theaters and partake in annual cultural and sporting events.

Living in Picturesque Stari Grad

Home to around 2,900 inhabitants according to the last census, Stari Grad is located in the Split-Dalmatia province and is known for its Serene Mediterranean landscape, steep vineyards, olive trees, and breathtaking sea views. This idyllic setting, coupled with the city's rich history and luxurious lifestyle, continues to attract people from all over the world to buy property and live here, contributing to a strong and bustling property market. In conclusion, with its blend of history, culture, luxury, and exceptional natural beauty, Stari Grad is a choice destination for the discerning luxury home buyer.