New project of apartments in Tucepi, 350 meters from the beach

Price:

€ 206 964

Ref:

RE-FIL018

Region:

Dalmatia › Makarska

Location:

Tucepi

Type:

New development

Front line:

No

Sea view:

Yes

Distance to sea:

350 m

Floorspace:

57 m²

No. of bathrooms:

1

No. of bedrooms:

2

Property description:

A small residential building with 5 highly attractive apartments in Tučepi on the Makarska Riviera, just 350 meters from a wonderful pebble beach.

The building consists of a ground floor and three floors and has 4 garage spaces and 6 storage rooms.
The completion of construction is scheduled for July 2024.

On the first floor there is a spacious three-bedroom apartment, while on the upper floors there are two two-bedroom apartments each.
The building will be built according to the highest construction and furnishing standards (entrance security door, thermal facade, balcony external aluminum openings with electric blinds, PVC windows with triple glazing, first-class parquet and ceramics, decorated bathrooms with underfloor heating, air conditioning in all rooms, video intercom, Smarthome system).

All apartments are south-facing with a wonderful unobstructed view of the sea.

Apartments for Sale:

S1: 1st Floor, 114.60 m² - Price: €389,640.00
S2: 2nd Floor, 57.49 m² - Price: €206,964.00
S3: 2nd Floor, 55.01 m² - Price: €198,036.00
S4: 3rd Floor, 57.49 m² - Price: €224,211.00
S5: 3rd Floor, 55.01 m² - Price: €214,539.00

Additional Pricing:

Garage spaces: €15,000 each
Storage rooms: €750 per m²
Parking spaces: €9,000 each

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Bank Financing:

Credit Conditions Summary for Croatian Nationals Living and Working Abroad, and Foreign Nationals Without Residency in Croatia (brief summary of 4-5 Croatian banks practice).
Banks set different conditions for Croatian and non-Croatian passport holders.

1/

For Croatian nationals residing and employed abroad, eligible applicants include those with residence and employment in an EU country, a member state of the European Economic Area (EEA) (Iceland, Liechtenstein, Norway), or Switzerland.

Credit Terms for Croatian Nationals Abroad:

Loan Amount: Up to 80% of the property’s official appraised value.
Maximum Loan Amount: Generally up to €400,000 - €450,000 (loans up to €800,000 may be considered, subject to approval).
Interest Rate: Current rates range from 3.69% to 4.19%.
Collateral Requirement: Only available with a mortgage.
Maximum Age: Up to 75 years, though most banks set a maximum of 67 years.
Maximum Loan Duration: Up to 30 years.
Property Insurance: Mandatory.
Additional Insurance Requirements: Some banks require accident or life insurance.

2/

Credit Conditions for Foreign Nationals

Foreign nationals are eligible for credit only if they hold EU citizenship (Permanent or Temporary Residence status are NOT taken into account).
Some Croatian banks finance only those EU countries where the Euro (€) is the official currency.
We are sorry, but the buyers from Turkey, Ukraine, Russia, Georgia, Armenia, Kazakhstan and many other countries are not eligible for bank financing in Croatia.

Loan Amount: Typically between 50% and 70% of the property’s official appraised value, depending on the bank and loan size (with a minimum 30% down payment required).
Maximum Loan Amount: Up to €400,000 - €450,000.
Interest Rate: Current rates range from 3.89% to 4.19%.
Collateral Requirement: Only available with a mortgage.
Maximum Age: Up to 67 years.
Maximum Loan Duration: Up to 30 years.
Property Insurance: Mandatory.
Additional Insurance Requirements: Some banks require accident or life insurance.

Please, note that the banks may also change their offer depending on your marital status, number and age of children, dependents, etc.
Minimum salary/income to be shown by the borrower is cca.3000 eur per month. Please, note that potential income deriving from Croatian property renting to tourists ir not taken into account.
The bank want to see some already available sources of income.

POINT (17.0580946 43.2651336)