Privlaka - Povljana - Nin

Vir, an ancient island in the Zadar Archipelago, has a rich history that traces back as far as the Illyrian tribe. St. John the Baptist's Church and the ruins of the Venetian fortress, Fortica are among the key historical attractions. Nestled against the backdrop of the beautiful Adriatic Sea, Vir's stunning coastline is only one of its many geographical wonders. Its strategic location in the northern part of Dalmatian coastline provides easy access to numerous surrounding attractions.

Exclusive Property Market in Vir

The current exclusive property market in Vir is stable and growing stronger. Demand has been steadily increasing for luxury homes and apartments, barely keeping pace with the supply. This surge in interest is underpinned by Vir's stable political and economic landscape. The average real estate commission for buyers and sellers tends to be around 3%. However, this can vary depending on the property and the complexity of the transaction. Additional costs to consider when buying luxury property include the transfer tax, notary fees, and any costs associated with construction inspections or legal procedures.

Taxes and Commissions

The transfer tax on private property in Vir is 4%. In terms of wealth tax, the value of the property decides the amount, however it remains relatively low. As for the profit made from selling a privately owned home, it depends if it is your main residence or a second/vacation home. Main residence sales are usually tax-free, while profit from selling second/vacation homes are subject to tax. The corporate tax for registered companies rests at a moderate 18%, whereas the income tax for residents is progressive, ranging from 24% to 40%.

Mortgage and Financing

General mortgage requirements in Vir demands a balanced ratio between own and foreign capital, alongside stable income proofs. Mortgages usually cover up to 80% of the purchase price.

Residential Areas and Accessibility

Luxury homes are often found in the idyllic beachfront areas of Vir, offering privacy and exceptional views. The town's accessibility is commendable, easily reached by road. The nearest main city, Zadar, is just 26km away. For overseas visitors, Zadar International Airport is the closest, being around 35km away.

Education and Health Facilities

Notable educational institutions include the University of Zadar and several well-regarded primary and secondary schools. Vir is also home to several respected hospitals and specialist clinics.

Vir - A Gem Of Dalmatia

Vir falls under Zadar County and houses nearly 3,000 residents. Blessed with an exceptional Mediterranean climate, lush landscapes and spectacular water bodies, Vir offers abundant choices for sports and outdoor activities like sailing, hiking, and cycling, enhancing the overall luxury lifestyle experience.

High-end Amenities

For those who enjoy a high-end lifestyle, Vir offers upscale boutiques and designer shops. The island boasts top-notch hotels, exclusive restaurants and vibrant nightlife comprising of classy lounges and elegant bars.

Culture and Public Infrastructure

The public infrastructure in Vir is strong, with reliable utilities and numerous amenities. Annually, cultural and sporting events like the Vir Summer, Music Nights, and Fishermen's Nights draw in crowds. The vicinity is adorned with inspiring museums and galleries, and the famed Vir Theater. All these factors combined make Vir an ideal destination for luxury living, blending history, culture, and opulence effortlessly.