Nestled on the northern coastline of the entrancing island of Brac, Supetar curates a unique living experience that embraces both the tranquillity of nature and the luxury of modern urbanism. This charming Croatian town, replete with cultural heritage and fascinating historical sights like the Parish Church of Mary's Annunciation and mausoleums in the Supetar Cemetery, is a jewel in the Adriatic Sea. Its strategic geographical position contributes an added advantage, connecting it with the city of Split by a regular ferry line, thus assuring convenience without compromising the serenity of island life. Now, let's delve into a well-rounded overview of Supetar's real estate market, lifestyle, and advantages related to choosing this township for acquiring a luxury home.
Understanding Supetar's Exclusive Property Market
The current exclusive property market in Supetar is generally stable. Despite occasional fluctuations in line with global trends, there's a continuous interest in the luxury homes and apartments, particularly from foreign investors. The demand and supply aspect reveals a relatively harmonious balance, with options available to cater to varying tastes.
Political and Economic Stability in Supetar
Supetar takes pride in its stable political and economic environment, providing a safe haven for those seeking luxurious yet tranquil residential opportunities. The town operates under the macroeconomic framework of Croatia, a country consistently showing economic stability and political resilience.
A Dive into Real Estate Costs in Supetar
When buying a luxury home or apartment in Supetar, the buyer usually pays a real estate commission of around 3% to 6%. The seller, likewise, pays a similar amount. However, additional costs like notary fees, legal costs, possible construction inspection fees, and transfer tax also come into play.
Fiscal Implications in Supetar
The transfer tax on a private property in Supetar is currently set at 3%. The wealth tax on the private ownership of a house is not applicable in Croatia, making owning property here more appealing. For residents considering selling their homes, it's important to note that the capital gains tax is applied at a rate of 25% for properties held less than three years. Properties held longer than this period are exempted.
Funding A Property Purchase in Supetar
Securing a mortgage in Supetar requires a good balance between own and foreign capital, coupled with a stable income. While the exact amount depends on individual financial circumstances, you can typically get up to 80% mortgage on the purchase price.
Elite Residential Areas in Supetar
The prestigious areas of Splitska, Sutivan, and Bol, adorned with sprawling sea views and high-end amenities, are some of the most sought after residential areas in Supetar.
Accessibility to Supetar
Supetar enjoys excellent connectivity through a well-developed network of roads and a regular ferry line to Split, connecting it to the national rail network.
Education in Supetar
Top-notch educational institutions such as the Primary School Supetar and Brač Art Workshop operate in the vicinity, contributing to the town's many advantages.
Best of Supetar Lifestyle
Supetar caters to the pursuit of a luxury lifestyle with a wide range of high-end shops like Dia and Monica Parfumerie. Fine dining options abound with restaurants like Vinotoka and Punta, and nightlife is vibrant with hotspots like Benny's Bar. The island hosts various annual events like the Supetar Super Film Festival, which draws an international crowd. The rich local art and culture scene showcases museums like the Museum of the Island, and the Olive Oil Museum Brac.
Healthcare and Infrastructure in Supetar
The townhouses healthcare facilities like the DZ Supetar, a reliable public healthcare provider in the region, ensuring residents' wellness needs are adequately met. Supetar boasts superb public infrastructure, including well-maintained roads, public utilities, and an efficient ferry transport system. Its spectacular landscape offers various outdoor sports opportunities like cycling and sailing, contributing to an enriched living experience in Supetar.