Historically rich, Zadar, the oldest continuously inhabited city in Croatia, stands proudly on the Dalmatian coast. Bathed in Mediterranean sun, Zadar is a fusion of Roman ruins—notably the Forum and St. Donatus Church—and modern art installations, such as the enchanting Sea Organ and Sun Salutation. Surrounded by crystal clear waters, numerous islands, and set against a backdrop of the Velebit mountains, Zadar's geographical location makes it a charming blend of history, natural beauty, and lifestyle.
Zadar's Exclusive Property Market
Currently, the exclusive property market in Zadar is stable and growing, with a balanced supply and demand for luxury homes and apartments. Political and economic situations also remain stable, making Zadar the right destination for overseas investors and home buyers.
Understanding Costs and Taxes in Zadar's Real Estate Market
On average, both the buyer and seller in Zadar pay approximately 3% as real estate commission. Additional costs to consider when purchasing a luxury home in Zadar include a 3% transfer tax on private property, notary fees, and potential legal or construction inspection charges.
Private property owners in Zadar have to pay tax on the profit made from selling properties. The wealth tax and corporate tax level in the city, though, varies based on individual circumstances and should be discussed with a local tax professional.
Mortgage Requirements in Zadar
The mortgage scenario in Zadar generally requires a balanced ratio between personal and foreign capital, with income verification being a paramount factor. The maximum mortgage achieved is usually proportional to the individual's financial profile and the property's value.
The Luxury Lifestyle in Zadar
Zadar's most sought after residential areas boasting luxury homes are Borik, Diklo, and the Zadar Old Town. Zadar is well connected by both road and rail, with Split, the nearest major city, about 159km away. The Zadar Airport provides both national and international connectivity.
Zadar's Educational and Healthcare Institutions
The locale is home to the University of Zadar and several vocational training institutions. There are well-reputed healthcare facilities, such as the General Hospital Zadar and Poliklinika Analiza.
Zadar in a Snapshot
Zadar, located in the Zadar County, maintains a population of approximately 75,062. Its environment is brimming with rich, natural beauty, characterized by nearby beaches and national parks like Paklenica and Kornati.
The Mediterranean climate of Zadar supports a range of outdoor activities including sports such as sailing, hiking, and cycling. In terms of luxury lifestyle, Zadar offers several high-end shops, top-rated hotels like Falkensteiner Hotel & Spa Iadera, renowned restaurants like Restaurant Kornat, and intriguing nightlife.
Zadar's Cultural and Historical Significance
Well-known historical, cultural, and sporting events return annually, including The Summer Theatre Festival and Zadar Night Run. The city is home to a multitude of museums and cultural institutions, such as the Archaeological Museum Zadar and the Museum of Ancient Glass.
In terms of infrastructure, Zadar is well equipped with schools, retail centers, healthcare institutions, and good transportation links both within and outside the city. In summary, living in Zadar connects residents with the past, all while providing a modern, luxurious lifestyle.