Rich in antiquity, Pula is a historically charming and geographically captivating city nestled on the Istrian peninsula of Croatia's Adriatic coast. Home to various Roman architectural marvels including the remarkably well-preserved amphitheatre, the Forum, and the Temple of Augustus, Pula takes pride in its vibrant history spanning back over 2 millennia. This enticing city, surrounded by seven hills and dotted with charming red-roofed houses, overlooks the serene azure sea, providing a picturesque backdrop for an upscale lifestyle. Pula's unique blend of natural beauty, historical significance, and modern amenities make it an ideal location for luxury homeowners to settle down.
A Flourishing High-end Real Estate Market
The exclusive property market in Pula is currently stable and consistently strong. The demand for luxury homes and apartments remains high, slightly surpassing the available supply. The political and economic scenario in the region is steady which further reinforces Pula as a worthwhile real estate investment opportunity.
Understanding The Costs
When buying a luxury home in Pula, buyers and sellers typically pay a standard real estate commission of around 3%. Additional costs can include transfer tax, notary fees and potential legal costs or construction inspection fees. The transfer tax on private property in Pula is approximately 3% as well. It's worth noting that there is a wealth tax on private ownership of homes in Pula, the exact amount however, depends on the value of the property.
Taxes and Profit
Selling a privately-owned main residence in Pula doesn't incur tax on the profit. However, selling a second property may attract tax, depending on specific circumstances. Corporate tax for registered companies varies but is typically around 18%, while the income tax for Pula's residents averages at around 36%.
Mortgage Requirements and Conditions
Mortgage requirements in Pula generally involve a careful assessment of the ratio between the buyer's own and foreign capital, as well as income requirements. Usually, one can get a mortgage up to about 80% of the purchasing price.
Living the Pula Luxury
The most sought after residential areas, boasting the most luxurious homes in Pula, are located in its historical center and the prestigious suburb of Verudela. This city offers accessible road links, as well as rail links, making transportation a breeze. Pula is approximately 70 kilometers away from Rijeka, the nearest big city. Pula has its own international airport, located just 7 kilometers from the city center, providing easy national and international commutes.
Pula's Educational Institutions and Facilities
Pula is equipped with well-reputed schools and universities, including The University of Juraj Dobrila, Music School Pula, and Maritime High School.
The City's Climate, Surroundings, and Outdoor Activities
Pula is situated in the Istrian province and is home to around 60,000 residents. Toasty summers, mild winters, and breathtaking natural beauty - encompassing lush forests, clear waters and diverse landscapes - welcomes those in pursuit of an outdoor lifestyle. Sporting activities like sailing, kayaking, biking, and hiking are prevalent here.
Pula's Luxury Lifestyle
Dotted with exclusive lifestyle shops, high-quality hotels such as Park Plaza Histria, and gourmet restaurants like Farabuto, Pula offers the quintessential luxurious life. The city is known for its active nightlife, with establishments like the Cabahia Club and Casino providing sophisticated entertainment.
Cultural Events and Famous Landmarks
The city hosts several historical, cultural, and sporting events annually, including the Pula Film Festival and the Seasplash Festival. Institutions like the Istrian National Theatre and the Historical and Maritime Museum of Istria add a cultural richness to the city.
Medical Institutions and Amenities
Pula has several hospitals and clinics, including the General Hospital Pula, ensuring optimum health care facilities. The city has well-developed public infrastructure and readily available amenities, making it a comfortable place to live.