Brtonigla - Grožnjan - Kaštelir-Labinci

Tucked away in the northwest corner of Croatia, the hilltop town of Buje paints a picture of rich history and cultural heritage. With its beautifully preserved medieval core, the town offers panoramic views of lush vineyards and olive grove landscapes. It’s cradled by the Adriatic Sea to the west and the Mirna River to the south, while the Italian border lies just a few kilometers to the north. Buje's historical landmarks like the St. Servulus church, dating back to the 16th century, are vivid reminders of its Venetian past.

Luxury Property Market in Buje

The luxury property market in Buje is steadily growing. The current market is strong, buoyed by robust demand for luxury homes and apartments. Supply is also on the rise, with a surge of high-quality builds that cultivate a blend of rustic Istrian style and modern luxury. The political and economic situations in Buje are stable, creating a favorable environment for both domestic and foreign investors.

Costs and Taxes Associated with Buying Luxury Property in Buje

The average real estate commission in Buje varies, but generally, both buyers and sellers can expect to pay between 3% and 6% of the property value. Other costs to anticipate when purchasing a luxury home or apartment include transfer tax (3%), notary fees, and potential construction inspection or legal costs. Wealth tax on the private ownership of a house is non-existent in Croatia; however, profit from selling your main residence is not taxed, but selling a secondary property within three years of purchase can attract a 25% tax on profit.

Home Financing in Buje

The general mortgage requirements in Buje demand a healthy balance between the investor's own capital and borrowed funds, with a preference for an income-to-loan ratio that can accommodate repayment schedules. The maximum mortgage one can typically get on the purchase price is 70%.

Luxurious Residences in Buje

Luxury homes are predominantly located in the idyllic residential areas around the old town and the verdant landscapes stretching towards the coast. These areas epitomize tranquility and accessibility, set within a short distance from main roadways and less than 10 km from the nearest railway station.

The Lifestyle and Amenities in Buje

Buje is about 13km away from Umag, the nearest big city. It's surrounded by natural, scenic beauty, and due to the temperate Mediterranean climate, there are plenty of outdoor activities to indulge in such as cycling, trekking, and wine tasting tours. Luxury lifestyle shopping can be enjoyed in Umag, with its range of boutiques and high-end shops. Renowned for its cuisine, Buje houses several top class restaurants such as the Stari Podrum offering traditional Istrian dishes. Local sporting events, like the annual ATP Croatia Open in nearby Umag, attract a significant audience. Buje's infrastructure includes schools like primary school Buje and several nurseries, while university-level institutions are available in larger cities like Pula and Rijeka, around 70-100km away. Healthcare facilities like Health Center Umag are easily accessible, ensuring that Buje offers not just a luxurious but a comfortable and complete lifestyle.