Skradin, the hidden Dalmatian gem, offers visitors a glimpse into Croatia’s rich historical past: its enchanting old town, architectural landmarks, and archaeological sites are testament to its Roman and medieval origins. The town's tranquil geographical location on the right bank of the Krka River at the entrance to the Krka National Park accentuates its magnetic appeal. As a confluence of natural beauty and historical richness, Skradin exemplifies the epitome of a luxurious and serene lifestyle that is often sought after in the exclusive property market. Let’s delve further into what this awe-inspiring town has to offer.
Local Real Estate Market
The current exclusive property market in Skradin is stable, aligning with the overall trends of the Croatian property market. Demand matches supply for luxury homes and apartments showing a balanced real estate scenario. Moreover, Skradin has maintained a politically and economically stable environment, ensuring a safe property investment.
Costs and Taxes
Potential property buyers need to account for transfer tax, which is 3% on private properties, realtor commissions that averages around 3%-6% both for buyers and sellers, notary fees, and possible inspection or legal costs. In case of wealth tax, residential properties are generally not taxed in Croatia. However, residents of Skradin are subject to an income tax, with rates ranging from 24% to 36%, depending on their income bracket.
Profit from selling a main residence in Skradin is usually tax-free if owned for more than three years, while profit made after selling vacation homes are taxable at a 25% rate. For registered companies in Skradin, the corporate tax rate is 18%, with a reduced rate of 12% for small businesses.
Mortgage and Financing
The general mortgage requirements can vary with each financial institution. However, one can expect to cover at least 20% of the purchase price with their own capital. The ability to secure the mortgage is largely dependent on income, with most lenders offering up to 60%-80% on the purchase price for a loan.
The Allure of Skradin
Skradin is in Šibenik-Knin province, with a population of around 3,800 people. Its natural environment features an impressive mix of beautiful landscapes, lush forests, and crystal-clear waters, enveloping a perfect Mediterranean climate. In terms of luxury, there is an array of boutiques in Skradin, from shops selling gourmet wine and cheese to artists' boutiques offering local crafts.
Location and Accessibility
Skradin is conveniently located near the A1 highway, ensuring easy access by road. The nearest large city, Šibenik, is only 23 kilometers away, and the town is well-connected to national and international airports in Split and Zadar, which are 84 km and 74 km away respectively.
Education, Health, and Amenities
Skradin, despite being a small town, has local primary and secondary schools whereas the nearest universities are in Zadar and Split. Health care facilities, such as the General Hospital of Šibenik, are located in close proximity.
Luxury Lifestyle
The Skradin area is home to some of the finest hotels like the Hotel Skradinski Buk. There are an array of high-quality dining options here along with access to exclusive, stylish nightlife, and entertainment venues. Skradin also holds the Skradin Culinary Festival every summer, which allows visitors to enjoy traditional Dalmatian cuisine. The town is also known for its well-curated museums like the City Museum of Skradin.
Sports and Outdoor Activities
Skradin is the perfect place for lovers of outdoor activities with beautiful biking, hiking trails and boating opportunities on the Krka River and lake Prokljan. Skradin's natural and historical abundance truly presents an enticing offer for those seeking to invest in a luxury home ensuring an unmatched lifestyle.