In the heart of Dalmatia, nestled between the vibrant city of Split and the historic town of Trogir, lies the picturesque region known as Kaštela. Consisting of seven small towns, each more charming than the last, this unique place offers a winsome combination of historical sights and natural beauty. Its plentiful regional olive oils, wines, and fish have long been the fuel for the area's rich cultural history. A dreamy coastline sprinkled with UNESCO-listed fortresses and charming stone houses forms the mainstay of this region's allure.
The Exclusive Property Market in Kaštela
The current real estate market in Kaštela is decidedly strong, and the demand for luxury homes and apartments is at an all-time high. The region has seen a steady inflow of investment in recent years, bolstered by a stable political environment and encouraging local economic growth.
Real Estate Commissions and Additional Costs
When buying a home in Kaštela, the average real estate commission is typically around 3% for the buyer and seller. In addition, you should also consider several other costs, such as transfer tax, notary fees, and possible legal or construction inspection costs. The transfer tax on private property in Kaštela is currently set at 3%.
Taxation in Kaštela
The wealth tax on the private ownership of a house in Kaštela stands at around 0.4%. If you sell your privately owned, main residence house or apartment, the profit is tax-free. However, selling a second or vacation home incurs tax on the profit. Corporate tax for registered companies currently stands at a reasonable 18%.
Mortgage Requirements and Facilities
Banks in Croatia typically require a down payment of 20% of the property value. However, under certain conditions, it can be possible to secure a more generous loan for prospective homeowners.
Most Sought-After Residential Areas
Some of the premier residential areas in Kaštela include Kaštel Gomilica and Kaštel Lukšić. These areas blend the charm of the old world with modern luxuries, making them exceedingly popular for luxury real estate.
Getting Around Kaštela
Kaštela is conveniently located, being just 20 km from Split, the largest city in the region, and having easy access to the A1 highway. The Split airport is also merely 6km away.
The Local Attractions
Kaštela is not short of high-end options for dining and shopping. The Riva promenade is renowned for its world-class restaurants and luxury boutiques. For historians and art lovers, iconic sites like the Castle Ostrog and the Kaštel Kambelovac Museum are sure to delight. Add to that the many exclusive sporting and outdoor activities such as yachting, tennis, and hiking, and you have everything that exemplifies a luxury lifestyle.
State of Infrastructure
Infrastructure and public amenities in Kaštela are robust, with excellent healthcare facilities and educational establishments available. Important institutions such as the University of Split, reputable schools, and top-class hospitals are all within easy reach.