Nestled at the foothills of the Biokovo mountain in Croatia, Tučepi is a natural gem with a rich history dating back to the Roman times. Ruins of St. George Church and remains of the medieval fortified settlement of Podgradja speak volumes about its historic significance. Over time, Tučepi transformed into a charming seaside resort with its sparkling waterfront fringed by majestic olive groves and pine forests. Not just a well-maintained heritage, Tučepi flaunts immense geographical beauty being located along the Makarskan Riviera on Dalmatian Coast.
Exclusive Property Market Overview in Tučepi
The current exclusive property market in Tučepi is stable with properties retaining their value well. The year-round demand for luxury homes and apartments consistently matches the supply, making it a balanced market. The political and economic situation in Tučepi remains stable as well, further boosting buyer's confidence.
Buyer and Seller Commissions
On average, both buyers and sellers typically pay a real estate commission of 3-5%. However, these rates can vary based on the property and agency involved.
Additional Costs and Taxes involved
When buying a luxury apartment or home, one should consider additional costs such as transfer tax (5% of the property's market value), realtor commissions, notary fees, and possible construction or legal expenses. The private ownership wealth tax of a home is relatively low in Tučepi. Taxes on the profit made from selling a private home depend on the property's classification – if it's a main residence or second/vacation home.
Corporations are subject to a competitive 18% corporate tax on profits. For registered residents, the income tax rate stands at 24-36%.
Financial Details for Property Buyers
Generally, to secure a mortgage, the ratio between own and foreign capital should be 1:1. While some financial institutions offer mortgages covering up to 80% of the purchase price, it's always advisable to seek expert advice before making a decision.
Premium Locations and Accessibility
The most sought after residential areas are those lining the Tučečpi marina and surrounding the dense pine forests for their exclusive views. Road connectivity is excellent with the D512 motorway providing easy access. Tučepi is about 65 kilometers away from Split, with connections via the D1 road and A1 motorway. The nearest airport is Split Airport, about 83 km away, providing both national and international connections.
Education and Healthcare
Renowned institutions like the University of Split and primary schools in nearby Makarska serve Tučepi residents. Various clinics and hospitals in Makarska town ensure quality healthcare facilities.
Sports, Retail and Luxury Offerings
Tučepi promises a luxuriant lifestyle with high-end boutiques and shops. The Podgora Harbor, Hotel Grand Lebi d'or, and the Osejava Restaurant are among the top choices for fine dining. Moreover, with its pebbly long beach, water sports, trekking, and cycling trails, this town offers ample outdoor activities.
Culture and Events
Culture enthusiasts can visit the nearby Makarska Municipal Museum and Gallery Antun Gojak. Tučepi also hosts a number of historical and cultural events, including the traditional summer Tučepi Culture Festival.
Public Infrastructure and Amenities
Good municipal services, public utilities and transport services further enhance the quality of life in Tučepi. The town also boasts of a bustling open-air market and well-equipped sports facilities.