Poličnik, a vibrant town renowned for its rich history, is located in the Zadar County of Croatia. It is celebrated for its embracing of modernity while still retaining a touch of medieval charm. Its historical significance can be seen in the remnants of ancient Roman villa rusticas, which speak volumes about the town's roots. Interestingly, Poličnik is bordered by five municipalities showcasing a diverse geographical distribution, which adds to its undeniable allure.
The Current Exclusive Property Market in Poličnik
Unlike many luxury real estate markets, Poličnik's is robust and stable owing to the consistent growing demand for luxury homes and apartments, which closely aligns with the supply. The political and economic climate in the town remains stable, contributing positively to the strength of the real estate market.
Key Costs Involved When Buying Luxury Homes in Poličnik
When investing in a luxury home in Poličnik, potential buyers should account for added expenses such as a real estate commission, which averages at about 3% for both buyers and sellers. Other costs include notary fees, potential construction inspection costs, transfer tax, and possible legal expenses. The transfer tax on private property in Poličnik is generally about 3%.
Tax Requirements in Poličnik
Wealth tax on private home ownership in Poličnik varies depending on property value and location within the municipality. Profits made from selling a privately owned home used as a primary residence are non-taxable, albeit conditions apply. However, profits made from the sale of a privately owned second/vacation home are subject to tax. The corporate tax on profits for registered companies in Poličnik is 18%, while the income tax for registered residents is progressive, starting at 24% and rising to 36%.
Mortgage Requirements in Poličnik
Interest rates for mortgages in Poličnik are generally low in order to encourage investment. The maximum mortgage one can get on the purchase price largely depends on individual financial circumstances and the specific lending institution.
Residential Areas and Accessibility
Poličnik is well-connected by road and rail, and is near the thriving city of Zadar. The journey to Zadar is short and conveniently linked by a network of highways. The nearby Zadar Airport gives Poličnik good connections to national and international destinations.
Social Amenities and Lifestyle
Poličnik residents enjoy access to schools, universities, and top-quality training institutions. The town offers a quality lifestyle with a selection of luxury shops, and is close to top-tier hotels and restaurants in Zadar. Annual cultural and sporting events, famous museums, and beautiful theaters keep both residents and tourists entertained throughout the year.
The Poličnik environment is a mix of nature with the stunning coast nearby, and a relaxing landscape that invites various sporting activities. There are reputable hospitals and clinics in the vicinity, plus an excellent public infrastructure. Overall, owning a luxury home in Poličnik isn't just a property investment; it's an investment in a luxury lifestyle.
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