Located on the exquisite Peljesac peninsula of Croatia, Trpanj is a historical town with a rich history dating back to the Roman era. As you walk through its rustic streets, you may encounter significant historical sites such as the Old Cemetery, the Parish Church, and the statue of the fisherman "Brat Timun." Nestled by the Adriatic Sea and surrounded by the stunning natural environment, Trpanj is the epitome of an exclusive and tranquil location. Moreover, its strategic location and accessibility from the mainland make it an enticing prospect for those desiring a luxury lifestyle in a preserved and scenic setting.
The Exclusive Property Market in Trpanj
The current exclusive property market in Trpanj is stable. It seems to be balanced, with the supply complimenting the demand for luxurious homes and apartments. This stability is bolstered by a politically and economically steady environment in Trpanj, making it an attractive market for lovers of exclusivity and tranquillity.
Costs of Buying Luxury Properties
When purchasing a luxury home or apartment in Trpanj, one needs to consider several additional costs. Aside from the property's price, these include the transfer tax, realtor commissions but the percentage varies, notary fees, and potential inspection or legal costs. The transfer tax on private property is subject to the local tax regulations, as is the wealth tax on private home ownership. Profits made from selling a privately owned home depends on whether the property is the main residence or a second/vacation home along with the applicable tax regulations. If you register a company and earn profits in Trpanj, corporate tax is applicable based on prevailing rates.
Mortgage Requirements
Homebuyers should be aware of the mortgage requirements in Trpanj. They involve the ratio between your capital and borrowed money, along with income requirements specific to the financial institution that provides the service.
Luxury Living in Trpanj
Luxury homes are mostly located in the most sought after residential areas of Trpanj, with some offering breathtaking views of the Adriatic and others tucked away in more secluded, tranquil locations. The town's accessibility via road is good, without a direct rail connection. The nearest big city, Dubrovnik, is 90 kilometres away, while the closest airport - Dubrovnik Airport - is 130 km away. The town offers quality education with elementary schools, and higher education institutions and universities situated in the vicinity such as the University of Dubrovnik.
Lifestyle and Amenities
Trpanj, nestled in the Dubrovnik-Neretva County, harbours approximately 600 inhabitants, surrounded by stunning landscapes encapsulating mountains, sea and lush greenery. The climate is a pleasant Mediterranean with warm summers and mild winters. Sports and outdoor enthusiasts can indulge in sailing, cycling, hiking, fishing and more. For luxury shopping, visit top-tier shops in Trpanj or nearby cities such as Dubrovnik. High-quality accommodations like Villa Venera and renowned restaurants serving local and international cuisine provide an exclusive lifestyle experience. For entertainment, the yearly Fisherman’s Night and Trpanj Half Marathon are significant events. The town’s cultural heritage is displayed in churches and the Camp Rector's Palace, while healthcare facilities are readily available, ensuring the availability of necessary amenities in Trpanj.