Preko, located in the province of Zadar County, Croatia, is steeped in a well-preserved history that adds a touch of charm and allure to the picturesque town. The area boasts historical sites that date back to Roman times, including an ancient Roman villa and a 5th-century basilica. It is also home to two extraordinary medieval churches – the Church of St. John the Baptist and Church of Holy Cross Gala. Positioned on the island of Ugljan, Preko is an enthralling location filled with allure and stunning sea views that create a luxurious and tranquil living environment.
Exclusive Property Market in Preko
The exclusive property market in Preko is currently stable, with ample demand balanced by a steady supply of luxury homes and apartments. The political and economic environment is also stable, encouraging consistent investment in the town’s luxury real estate.
When buying a house in Preko, buyers usually pay a real estate commission rate averaging around 2%, while sellers pay a slightly higher rate. Additional costs to consider when purchasing luxury properties include transfer tax, notary fees, possible construction inspection, and legal costs. The transfer tax on private property in Preko currently stands at 3%.
Taxation on Properties in Preko
The wealth tax on private ownership of a house in Preko varies according to the net wealth of the homeowner. Also, the profit made from selling a privately-owned home or apartment used as a main residence in Preko is typically not taxed, but selling a second home or vacation holiday home may incur a tax depending upon the period of ownership and the gain made on the sale.
On a corporate level, the corporate tax on profits for registered companies in Preko is around 18%, and the income tax for registered residents stands between 24% and 36%, depending upon the income slab.
Mortgage and Loans in Preko
Securing mortgage loans for buying property in Preko is relatively straightforward. Lenders typically require a minimum contribution from the buyer estimated around 10%-20% of the property's value. The maximum mortgage value depends on an individual’s income and credit history.
Preko Luxury Properties and Accessibility
The most expensive and sought-after residential areas are along the coastline, offering stunning sea views and luxury accommodations. Preko's connectivity through roads is excellent and the island is just a short ferry ride from Zadar, the nearest large city. Access to international airports includes Zadar airport and Split Airport, within reasonable distances.
Specifics About Preko
Preko, with a population of approximately 4000 inhabitants, offers a natural wonder with lush green landscapes and pristine water bodies. With a Mediterranean climate, the weather here is conducive for various sports activities including sailing, cycling, tennis, and outdoor music festivals.
Its luxury lifestyle shops, famous restaurants like Joso and Mala Italia, and quality hotels like Hotel Ugljan add charm to the place. Culturally, the annual Fishermen's Night and the Summer of Culture are the much-anticipated events. Preko's infrastructure is developed and it houses an Elementary School and Kindergarten and is near the University of Zadar. The Poliklinika Bagatin is a highly-rated clinic nearby for any medical needs. As a whole, Preko offers a luxurious, comfortable, and well-connected lifestyle, making it a dream location for anyone's home.