A wonderful villa with pool in Orebic with a view to the sea and the island of Korcula!
The villa area is 250 m2, The plot is 1200 m2 - quite large for Croatia!
The villa offers four bedrooms, three bathrooms, a spacious lounge with a kitchen area, a covered terrace of 20 m2, an outdoor terrace of 150 m2. There is a parking for 4 cars. Villa can accommodate 8 people. The villa is used for renting. Full equipment and furnishing. Official category - 4 stars. Swimming pool 58 m2. There is cable TV, Internet.
It is possible to obtain an OTP-bank loan of 225,000 euros.
Key to success of property market on Korcula is a Peljesac bridge. 300 mln euro had been already allocated for bridge construction. The bridge has to be 2,4 mln long to connect the end of Peljesac peninsula to Ploce area on the mainland. First works were started in the end of July 2018. Main contractor is China Road and Bridge corporation which won the tender due to lower prices and more attractive time-frame of construction. There is no secret that Chinese specialists have gained great experience recently in national road and rail development. And now this experience will be shared with Croatia.
Peljesac is a wonderful area well-known by it’s wineries and wind-surfing opportunities at Kuciste and Loviste. This peninsula is about 80 km long from Ston to Loviste and it takes not less than 2,5 hours to get to the nearest airport of Dubrovnik. Orebic town on Peljesac is a ferry-port for Korcula connections, so that this area of Korcula island and Peljesac are closely tied together both economically and historically. For a long period of time due to remoteness and isolation of this region, very few real estate buyers were interested in Peljesac. However, bridge construction will boost the interest of investors and developers towards this area of Croatia. Now it is known for very moderate property prices for Croatia and it is right time to invest in Peljesac now before the completion of the bridge.
Brigdes in Croatia become the starting point for regional development, infrastructure upgrade. They are bridges to the future and to success.
Update the data as of 10/05/2017
Overall additional expenses borne by the Buyer of real estate in
Croatia are approx. 7% of property cost: property transfer tax (3% of
property value), agency commission (3%+VAT on comission), advocate fee
(0,5-1%), notary fee and official certified translation expenses.
Brockerage agreement on 3% commission (+VAT) is signed prior to visiting