Varaždin, Croatia's former capital, is steeped in rich history and architectural grandeur, from its well-preserved Baroque buildings to the majestic Varaždin Castle. This charming city, positioned in the northwestern part of Croatia near the Drava River, boasts a geographic location that creates an idyllic setting for luxury living. Perfectly nestled between the fertile Pannonian Plain and the beginning of the stunning Zagorje hills, Varaždin blends a unique historical identity with modern conveniences. The city's beautifully landscaped baroque gardens, luscious green parks, and tranquil surroundings effortlessly attract those seeking a luxury lifestyle away from the hustle and bustle of bigger cities.
The Luxury Real Estate Market in Varaždin
Varaždin's exclusive property market is currently stable, presenting an exciting mix of elegant villas, classical mansions, and modern luxury apartments. The demand for premium homes is balanced with the supply, resulting in a thriving real estate market that offers great potential for savvy property buyers and investors. While selling a house in Varaždin, sellers typically pay an average real estate commission, as do buyers. However, buyers should anticipate additional costs such as transfer tax, real estate commission, notary fees, and possibly construction inspection or legal costs.
Taxes and Mortgage Requirements
In terms of taxes, sellers need to consider a wealth tax on homeownership as well as taxes on profit made when selling a privately-owned home. Individuals with a second home in Varaždin are liable for tax on their profit too. The transfer tax is set at a rate decided by the local municipalities in Croatia, including Varaždin. For registered residents, the income tax rate in Varaždin is in line with national Croatian laws. Companies registered in Varaždin will face the nationally set corporate tax on profits.
Concerning acquiring a mortgage for purchasing a home in Varaždin, usual banking requirements, such as a proper balance between an individual’s own and foreign capital, as well as income requirements, are applicable. Depending on the financial institution, you can get a mortgage on up to a set percentage of the purchase price in Varaždin.
Top Residential Areas and Accessibility
Exclusive neighborhoods in Varaždin are marked by stunning traditional villas and sleek modern homes. Accessibility is a non-issue as Varaždin is well-connected by road and rail, making travel effortless. It is ideally located with the Croatian capital, Zagreb, being the nearest big city and only about 81 kilometers away. National and international airports like Zagreb Airport are easily reached within an hour's drive.
Education, Healthcare, and Infrastructure
Varaždin is home to several esteemed educational institutions, including the University of North Croatia. Quality healthcare is readily available at the Varaždin General Hospital and multiple clinics in the surrounding area. The city demonstrates well-developed public infrastructure and a plethora of amenities catering to both residents and tourists.
Lifestyle
Outdoor enthusiasts revel in Varaždin's vibrant sports scene, while luxury fashion aficionados frequent the city’s numerous high-end boutiques. Leisure options are vast, with high-class hotels, celebrated restaurants, and stylish bars enriching the town's vibrant nightlife and entertainment scene. The annual Varaždin Baroque Evenings and Špancirfest are notable cultural and social events, while areas of interest include the Varaždin City Museum and the Croatian National Theatre. This blend of culture, history, and contemporary convenience makes Varaždin a premium choice for those seeking a luxury lifestyle.
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