Oprtalj - Motovun - Karojba

Buzet, a small town nestled in the Istria Province of Croatia, is known fondly as the "City of Truffles" due to the abundance of this exclusive delicacy found in the nearby forests. Known for its rich history, Buzet's old town sits atop a hill overlooking the beautiful Mirna Valley while the newer part of Buzet sits at the hill's foot. The town's historical attractions include the Parish Church of the Assumption of the Blessed Virgin Mary, several medieval gates and walls, and the town square. Geographically, Buzet is conveniently situated near major cities, with Trieste in Italy only an hour drive away, and Slovenia just half an hour's drive to the immediate north.

The Exclusive Property Market in Buzet

The exclusive property market in Buzet is relatively strong and stable, mainly due to its unique charm and appeal. The supply is currently meeting demand, with a variety of luxury homes and apartments available for those interested in upscale living.

Political and Economic Stability

The political and economic situation in Buzet is stable, offering reliable conditions for luxury properties investors.

Property Buying Costs in Buzet

When buying a house in Buzet, expect to pay around 3% in real estate commission. Additional costs include a 3% transfer tax, notary fees, and potential construction inspection or legal costs. When selling a property, expect to pay around the same rate in real estate commission.

Taxes in Buzet

The wealth tax in Buzet is relatively low for European standards, contributing to the area's attractiveness for luxury lifestyles. However, taxes can apply on profit from selling a privately owned home, depending on its use. Regular income tax rates in Buzet range from 24% to 36%.

Mortgage Information

While the exact mortgage requirements vary by specific conditions, a buyer should generally be able to provide around 20% of the property's value initially. Most mortgages can finance up to 80% of the purchase price.

Residential Areas

Luxury homes are primarily located at the foot of the hill, where Buzet's modern part has developed.

Accessibility to Buzet

Buzet is accessible through road and rail and is close to several major airports, including Pula Airport, Trieste Airport, and Ljubljana Airport.

Local Amenities and Institutions

Buzet is host to several primary and secondary schools, while the nearby University of Rijeka caters to higher education needs. Buzet is also home to several hospitals and clinics, and boasts numerous luxury lifestyle shops, high-quality restaurants, and upscale nightlife spots.

Cultural and Sporting Events

Buzet is famed for its annual Subotina festival and Truffle Days event, both attracting a multitude of tourists each year. For art and culture enthusiasts, Buzet's local galleries offer regular exhibitions, and the town's theatre is home to various performances year-round.

Infrastructure and Amenities in Buzet

Buzet offers a well-maintained public infrastructure, with a focus on preserving its historical charm while catering to modern lifestyle needs. With stunning natural landscapes and a perfect Mediterranean climate, Buzet provides a wide range of outdoor activities such as truffle hunting, horseback riding, hiking, and more.