Karojba, a timeless gem in the heart of the Istria region in Croatia, boasts a splendid history, ancient architectural wonders, and an unbeatable geographical location overlooking the lush Mirna Valley. Milestones from its rich past, such as the beautiful St. Peter's Church and the mighty Dvigrad fortress, testify to an era long-gone. Perfectly nestled amidst the verdant landscapes, it has proximity to bigger cities while maintaining tranquility. It marvelously blends the past with the present to offer a unique and luxurious lifestyle.
Understanding the Luxury Real Estate Market in Karojba
Evaluating the current exclusive property market in Karojba, it is safe to say that it's stable, with trends pointing towards a strengthening position. Luxury homes and apartments are in strong demand, balanced by a steady supply. The political and economic stability of Karojba lends further strength to the property market here.
In terms of real estate commissions, both the buyer and seller can expect to pay around 3% on average. Additionally, buyers should factor in transfer tax, notary fees, and potential legal or construction inspection costs. For private properties in Karojba, the transfer tax is 3% of the asset's value.
Tax Information
The wealth tax is levied only on properties valued over a specific threshold. When it comes to capital gains from selling a privately-owned main residence, tax is generally not levied, provided the property has been inhabited on and off for at least three years. For sales of second homes, a capital gains tax would apply. Non-residential companies can expect to pay around 18% in corporate tax on profits, while the individual income tax rate for residents is graduated up to 40%.
Mortgage and Financing Information
When considering financial aspects for buying a home in Karojba, most lenders demand a ratio of 80:20 of loan to own capital, subject to income verification and credit evaluation. Generally, one can secure a mortgage up to 80% of the purchase price.
Living the Luxury in Karojba
Luxury homes are mostly found in Karojba's central area and around the picturesque hills, offering stunning panoramas. Accessibility to Karojba is facilitated by well-connected roads, with Pula, the nearest city, located around 45 kilometers away. Having Krk and Pula as the nearest international airports, global accessibility is ensured.
Karojba is part of the Istria County and has around 500 inhabitants. Its terrain is characterized by rich pastoral landscapes, vineyards, and the Mirna River. Karojba experiences a warm and temperate climate, favoring outdoor activities like cycling and hiking.
High-life in Karojba
The region boasts several luxury lifestyle outlets, ranging from boutiques, art galleries, and high-quality restaurants to famous hotels, such as the Villa San Tommasso. Globally acclaimed events like the Karojba Truffle Days add to the charm of the locale.
Infrastructure and Amenities
The availability of world-class amenities, public infrastructure, reputed educational institutions, and health facilities – including the General Hospital Pula located nearby – make Karojba an attractive residential choice. The local artistic flair is visible in its museums and the famous Bachelor’s Club (Klub stari momci) music event drawing artists from all over Europe.
Karojba is a perfect blend of history, nature, and luxury. Investing in a property here is not just purchasing a home but acquiring a unique lifestyle!