Situated on the picturesque Istria Peninsula of Croatia, Kaštelir-Labinci, with its historical charm, is a location of undeniable attraction. This charming twin-village boasts a long and rich history, with many medieval relics such as the Romanesque church of St. John the Baptist adding to its allure. Its geographical location provides idyllic views of the Adriatic Sea and Mirna River Valley, surrounded by lush vineyards and olive groves. With perfect harmony between untouched nature and architectural history, Kaštelir-Labinci reflects the quintessential Istrian lifestyle.
The Exclusive Property Market of Kaštelir-Labinci
Currently, the exclusive property market in Kaštelir-Labinci is stable, with a noticeable balance between supply and demand for luxury homes and apartments. Despite minor fluctuations due to the global economic climate, the overall stability in the region’s political and economic situation instills confidence in both national and international investors.
Costs Associated with Buying Luxury Real Estate
When purchasing a luxury home or apartment in Kaštelir-Labinci, buyers can expect to pay a real estate commission, which on average ranges around 3%. Sellers, too, should anticipate a similar percentage. Additional costs, such as transfer tax (which is 3% on private property), notary fees, and construction inspection or legal costs, need to be taken into consideration.
Affirming the Wealth in Kaštelir-Labinci
Concerning wealth tax, there currently isn't a specific tax on the private ownership of a house in Kaštelir-Labinci. However, potential sellers should be aware of certain regulations regarding tax on the sale of properties. If a privately owned home or apartment that is used as a main residence is sold, the profit made is not taxed, contrary to the sale of a second/vacation home, which is taxable.
Setting a Mortgage in Kaštelir-Labinci
Mortgage requirements vary largely according to individual financial status and the policies of financial institutions. Most properties can fetch a mortgage up to around 70% of the purchase price.
Exploring the Luxurious Side of Kaštelir-Labinci
Kaštelir Labinci, part of Istria county, stands as a beacon of luxury and exclusivity. With a population of just under 1,500 inhabitants, the area offers an array of outdoor activities such as hiking, cycling, and vineyard tours. High-end retail shops add to the luxury lifestyle, while the gastronomy scene is heartily represented in gourmet restaurants.
Accessibility and Location
Kaštelir-Labinci is less than an hour's drive from the biggest city nearby, Pula, and well-connected to major roads. The nearest international airports are Pula Airport, followed by Trieste and Rijeka, all within a comfortable driving distance.
Education, Healthcare, and Public Infrastructure
Families will find quality education at the local primary school, 'Dr. Mate Demarin', while universities and advanced education facilities are accessible in nearby cities. Public infrastructure in Kaštelir-Labinci meets high standards with clean, well-maintained amenity centers and a number of hospitals and clinics ensuring healthcare needs are met. The annual Labinci Fair and Knights tournament add to the area’s cultural and sporting allure.
The Luxury Lifestyle in Kaštelir-Labinci
Culminating the luxuries of Kaštelir-Labinci, high-quality hotels, exquisite restaurants, and upscale entertainment options predominate the lifestyle. Embracing history and culture, notable local museums and art galleries enrich the local community, upholding Kaštelir-Labinci's status as premiere destination for high-end living.
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