Nestled between the Adriatic Sea and the awe-inspiring Perun Mountains, Podstrana stands as a testament to the rich history pervading the Split-Dalmatia County of Croatia. Magnificent ancient villas imbue the landscape with a sense of the serene past, while the glimmering horizons of the celestial Strožanac Port promise a buoyant future. The ancient Romanesque Church of St. George atop the hill symbolizes the deep cultural roots that veil this region. Strategically situated, Podstrana is just a few kilometers south-east of Split, the second-largest city of Croatia.
Podstrana Luxury Property Market Overview
The exclusive property market in Podstrana exhibits a robust stance, with a stable surge in demand meeting an ample supply of luxury homes and apartments. The political and economic milieu remain steady, fueling a healthy buyer sentiment and strengthening overall property market trends.
Costs to Consider while Purchasing Luxury Property in Podstrana
In addition to the cost of the property, the buyer is liable to pay real estate commission, transfer tax, notary fees, and potential construction inspection or legal costs. The average real estate commission fee is typically negotiated between the involved parties. For both the buyer and seller, transfer tax on properties is a crucial component, the percentage of which is prescribed by local law.
Tax Considerations for Property Owners
The tax implications for the owner of a private residence differ based on whether the property serves as the primary residence or a secondary home. For primary residences, capital gains tax may not apply, subject to meeting certain conditions. A wealth tax is imposed on private ownership of a house, the rate of which is specifically defined by local legislation. Residents and companies alike have to conform to income and corporate tax rules, the percentages for which are again determined by local tax laws.
Mortgage Requirements for Properties in Podstrana
As per mortgage norms, a balance must be maintained between own and foreign capital. The amount of mortgage one can avail depends in part on the purchase price and largely on individual income capabilities and creditworthiness.
Distinguished Residential Areas and Accessibility
Podstrana's most prestigious and sought-after residential areas include the lively neighborhoods near the coastline and those offering panoramic mountain views. Connected by the Adriatic coastal road and main Split rail line, Podstrana is just 15km from Split, with the Split International Airport approximately 25km away. This provides excellent connectivity to other Croatian cities and international destinations.
Educational Institutes and Amenities in Podstrana
The vicinity of Podstrana hosts various superior educational institutions. The quality of public infrastructure is of a high standard, featuring concrete roads, abundant public parks, established libraries, and community centers.
Life in Podstrana
The quintessence of a luxury lifestyle, Podstrana is characterized by its exquisite nature trails, crystalline sea waters, challenging golf courses, and luxury retail shops. Luxurious hotels and high-end restaurants lend the city an aura of exclusivity. The recurrent historical, cultural, and sports events further enrich the local lifestyle.
For those seeking finer cultural experiences, Podstrana offers numerous well-established art galleries, museums, and theatres. Residents also have easy access to several reputable hospitals and clinics in and around the Podstrana area.
Living in Podstrana is undoubtedly a blissful and privileged experience, promising an envious fusion of history, culture, modernity, and natural splendor.
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