Nestled on the southwestern shores of the Pelješac peninsula in Croatia, Orebić boasts a rich maritime history, as it was home to many seafarers and shipbuilders in the 19th century. Notably, the Maritime Museum and former sea captain residences serve as fascinating remnants of this historical period. Placed amidst a picturesque setting of unspoiled beaches, trellised vineyards, and the backdrop of Mount Ilija, Orebić promises an exclusive and serene abode. This quaint Adriatic town perfectly combines enchanting history and prime geography for luxury living.
The Luxury Property Market in Orebić
The exclusive property market in Orebić is stable and growing, with an impressive array of luxury homes and apartments. Demand continually meets supply, attracting discerning buyers seeking a luxurious Mediterranean lifestyle.
As for the political and economic view, Orebić reflects stability in line with Croatia's growth. Real estate commissions, both for buyers and sellers, average around 3% in Croatia. Besides, additional costs include transfer tax (3%), notary fees, and potential construction inspection or legal costs.
Wealth tax is non-existent in Croatia; thus, homeowners in Orebić enjoy this financial ease. In terms of profit on selling property, Croatia's tax law exempts main residence sales while charging a 3% tax on secondary housing profit. Corporate tax, if applicable, stands at 18%, whereas income tax ranges between 24-36% depending on your income threshold.
Financing Luxury Homes in Orebić
Mortgage qualification in Orebić typically requires a ratio of 80% foreign to 20% own capital, along with solid income verification. The mortgage limit usually extends up to 80% of the purchase price.
Premium Residential Areas in Orebić
The sea-facing terrains in Borak and coastal Trstenica standout as the most prized residential locations in Orebić, hosting luxurious villas and opulent apartments with panoramic sea views.
Orebić, despite its quiet charm, is well-connected by road, with a regular ferry service linking it to Korčula. The nearest metropolis, Dubrovnik, is approximately 112 km away. The nearest airports are Dubrovnik Airport and Split Airport, well under a few hours drive.
Prominent educational institutions like the Maritime School and private language schools are located in and around Orebić.
Living the Luxury Lifestyle in Orebić
Orebić is in the Dubrovnik-Neretva County and is home to nearly 4,000 inhabitants. The environment is adorned by the turquoise Adriatic Sea, plush vineyards, and the majestic Mount Ilija.
Orebić experiences a Mediterranean climate, with warm summers and mild winters. Luxury lifestyle stores, including high-end boutiques and gastronome delights, are anchored in the heart of the town. The town hosts premium hotels such as the Boutique Hotel Adriatic, and gourmet restaurants like Karako and Korta Katarina Winery.
Renowned for local marathons and sailing regattas, Orebić is a sporting haven. The area also boasts scenic hiking and cycling trails, dive centers, and sailing courses. The town's annual cultural spectacle, the Orebić Cultural Summer, brings forth a wealth of music, theater, and folklore performances.
In addition to the Maritime Museum, Orebić is also home to art venues such as Atelier Abel and The Rector's Art Gallery. The General Hospital Dubrovnik and several specialized clinics provide comprehensive healthcare services.
The local infrastructure is well-maintained, including modern amenities and robust public services, ensuring an unmatched quality of life in Orebić.
English 
Dutch 
German 
Spanish 
French 
Arabic 
Russian