Vižinada, a picturesque town rich in history, perches high on a hill overlooking the rolling hills of Istria, Croatia. Historically valuable and stunningly beautiful with places like the medieval parish church of St. Mary and the Church of St. Barnabas, its deep cultural roots attract many tourists. This enchanting settlement offers unspoiled views thanks to its elevated position. Sitting on the northern part of the Istrian peninsula, it is surrounded by vineyards, dotted with olive groves, and abundant truffle forests, highlighting an aura of exclusivity and privacy.
Vibrant Property Market in Vižinada
The exclusive property market in Vižinada is currently strong and solid, displaying a healthy balance between supply and demand. Luxury homes, fully equipped with modern amenities, are skillfully crafted and placed amidst nature's bounty promising a high-end experience.
Economic and Political Stability
Vižinada boasts of a stable political and economic environment, providing a secure and worry-free lifestyle to its residents. Its strategic location, coupled with a well-planned system, contributes notably to the local economy, offering a favorable atmosphere for potential investors.
Breaking down the Real Estate Costs
Upon acquiring a luxury home in Vižinada, the average real estate commission for a buyer ranges between 3-6% of the purchase price. The seller, too, typically pays a similar commission. Additional costs such as notary fees, transfer tax, possible construction inspection or legal costs must be considered as well.
Taxation
The transfer tax on private property in Vižinada is currently 3%. As for the wealth tax on the private ownership of houses, it significantly depends on the property's value and specificities. The corporate tax on profits for registered companies stands at 18%, while the income tax for registered residents varies between 24-36% based on gross income.
Mortgage Requirements and Limits
The precise mortgage limits vary by financial institution, but generally, they finance up to 70-80% of the purchase price. Naturally, the overall financial background of the applicant and the appraised value of the property form the basis of this financial aid.
Upscale Residential Areas and Accessibility
Vižinada's most coveted and expensive residential areas are the ones offering panoramic views of the Mirna Valley and its vineyards. Reaching Vižinada is relatively easy through a well-connected network of roads and nearby rail stations. The nearest large city is Pula, situated approximately 73 km away.
Education and Healthcare Facilities
Being in close proximity to well-known educational institutions and healthcare facilities, Vižinada promises a balanced lifestyle. Primorje-Gorski Kotar County is home to some of the best schools and universities, easily accessible from Vižinada.
Luxury Live-out Experience in Vižinada
The exclusivity of Vižinada extends beyond its luxury homes. Boasting of a Mediterranean climate, Vižinada offers diverse sports and outdoor activities, including nature trails, biking paths, and wine-tasting tours at the renowned vineyards. High-quality shops selling world-class brands add to the allure of the town.
The Lifestyle Industry
Extraordinary hotels and restaurants dot the landscape in Vižinada, offering a gourmet’s delight in terms of local and international cuisines. Yearly events, including music festivals and truffle fairs, are well ingrained in Vižinada's social calendar. Prominent cultural hubs, like the Contemporary Arts Museum, keep the town's historical and cultural integrity alive.
Quality Infrastructure and Amenities
The public infrastructure is meticulously maintained in Vižinada, with notable amenities widely available. With top-notch healthcare facilities nearby and well-connected transport systems, the town, with a population of around 1,128 people, promises a safe, secured, and comfortable lifestyle, seamlessly blending traditional charm with modern convenience.