Hvar Property Norms in a Nutshell
The Island of Hvar is beautiful with stunning views, the glistening Adriatic and the gorgeous stones. It has a mild climate around the year with warm summers and gentle winters. Hvar gets the maximum sun amongst all other destinations in Europe and this makes it the most sought-after health destination today. The island has amazing landscape ranging from woods to olive groves, vineyards, lavender fields, mountain forests and pebbled beaches. The island has a rich history and heritage and has a small population.
Hvar Croatia real estateCadastre Map and Title Deed:
While purchasing property in Hvar, make sure you check the cadastre map and the title deed. The map helps you locate the property while the title deed will list out the information on the plot’s size, number, registered owners list, any charges or mortgages on the property. A 10% (or higher) deposit must be paid during the notarized pre-contract period and the remaining balance needs to be paid on closing the sale.
Property Norms in Hvar:
Hvar has reasonably low real estate prices with so many desirable attractions The properties in Hvar Croatia real estate are available in various sizes and accommodations with a very attractive price. There are many foreign owners of real estate in Hvar and if you wish to acquire one as your dream holiday home, this is the right time to make an investment. It is recommended to do a thorough research before finding out the best deals. The process of buying a house today is much transparent and regulated to protect the buyers. Engaging a competent lawyer or a registered real estate agent who is well versed with the rules and regulations of purchasing a property on the island of Hvar in Croatia is highly recommended. However, here are a few things to keep in mind while making a choice for purchasing a property in Hvar.
• All properties that were built before 1968 are legal and the same should be supported by the document proving the year of construction.
• For properties built after the year 1968, the owner should be able to present the location, construction and usage permit.
• An Energy Certificate is a mandatory requirement for all properties in Hvar.
• An apartment should have the certificate of sub-division.
• For investors who wish to rent out, their properties should thoroughly check if the property meets all the renting requirements for a permit.
• For investors purchasing a land to construct a home, they should definitely engage a lawyer and check all the existing and the required permits for fulfilling the construction.
To reach Hvar you first need to reach Split or Drvenik in Dalmatia by car, bus or train. From there you can take a ferry to Hvar. The closest local and international airports are Split, Dubrovnik and Brac airport.