Sutivan - Nerežišća - Supetar

Enveloped by historical sights and architectural wonders, the charming town of Milna is nestled in the western part of the Island of Brač, Croatia. Rich in history, Milna prospered during the 16th and 17th-century maritime boom which produced a bounty of intricate stone buildings along the harbor. Today, this pearl of Brač Island reverberates with the echoes of its past while offering a serene coastal allure. Rimmed by rolling hills and crystal clear blue waters, Milna proves to be more than just another picturesque Croatian locale.

The Exclusive Property Market in Milna

The current exclusive property market in Milna is strong and stable, favored by the town's tranquil natural beauty and vibrant historical legacy. The demand and supply for luxury homes and apartments in Milna are on par, providing a balanced market beneficial for both buyers and sellers. Geopolitically, Milna is in a stable area, cradled by the peaceful island life and Croatian economic solidity.

Real Estate Commissions and Additional Costs

In the serene seaborne town of Milna, the average real estate commission for both buyers and sellers typically ranges around 3%. From a financial perspective, it's essential to consider additional costs when planning to purchase a luxury home or apartment. These include transfer tax, notary fees, realtor commissions, and potential costs associated with construction inspections or legal litigations if necessary. Currently, the transfer tax on private property in Milna is 3%.

Tax Implications

The wealth tax on private ownership of a house in Milna is currently non-existent. In terms of capital gains, should you decide to sell your main residence, it's tax-free given that you have lived there for at least three years before sale. Profit from selling a second home, or a vacation home, may however be subject to capital gains tax, depending on the period of ownership and other nuancing factors.

Mortgage and Financial Guidelines

As for the general mortgage requirements for buying a house in Milna, individuals need to provide some amount of foreign capital, typically around 30%, and meet specific income requirements. The maximum mortgage one can obtain here generally depends on their financial situation and property value.

Prime Residential Areas and Accessibility of Milna

Among the most sought-after residential areas in Milna are the Osibova Bay and Pantera Bay, known for their stunning seafront properties and tranquil atmosphere. Brac Island is well-connected by road, with regular ferry lines to the mainland and between the islands. Milna is approximately 18km from Supetar, the biggest city on the Island.

Proximity to Main Cities and Airports

The Split Airport, as the closest, is a two-hour journey from Milna, including a ferry ride. Split, as the nearest major city, offers comprehensive amenities including large shopping centers, cultural hubs, and a lively nightlife scene.

Educational Institutions and Amenities in Milna

Families residing in Milna have access to quality education, with the primary school ‘Ploče’ and private English school ‘Veritas’ located nearby on the island. In terms of healthcare, the island provides medical centers in Supetar and Bol, ensuring prompt health care services. Milna, in its essence, embodies a balanced luxurious lifestyle, free from the urban rush but enriched with all modern amenities and infrastructure.

The Environmental and Cultural Allure of Milna

With its crystal-clear waters, lush vineyards, rich olive groves, Milna offers an ecological haven for nature lovers. Luxurious lifestyle shops are scattered across the island, offering everything from designer fashion to local artisan products. Renowned eateries like Dvor Massimo and hip beach clubs like Auro lend a posh vibe to its vibrant nightlife.

Historical and Cultural Landmarks

Historical and cultural festivities fill Milna's calendar year-round, with the annual 'Brač Film Festival' gaining immense popularity. For art and culture enthusiasts, visiting the local art galleries, such as Ani Art and the Blaca Museum, are must-haves on their itinerary.

Public Infrastructure and Facilities

While maintaining its historical charm, Milna is not left behind in terms of modern infrastructure and amenities. The town offers everything necessary for a comfortable and luxurious lifestyle – bustling marinas, chic boutiques, exquisite dining locales, and the warm hospitality of local folks are bound to make anyone feel at home in the quaint town of Milna.