New apartments on Pag in Povljana, for sale

Price:

€ 180 000

Ref:

RE-LB-IRO1683

Region:

Dalmatia › Zadar

Location:

Povljana

Type:

New development

Front line:

No

Sea view:

Yes

Distance to sea:

250 m

Floorspace:

46 m²

No. of bathrooms:

1

No. of bedrooms:

1

Property description:

Low-priced new apartment with 2 bedrooms!
We offer an apartment on the first floor in a modern new building 250 meters from the sea and the beach in Povljana on the island of Pag.
The building is located near shops, cafes, restaurants and all other facilities necessary for a pleasant and peaceful vacation.
Island of Pag is connected to the mainland by the bridge and is highly popular.

The living area of apartment S6 is 46 m2 and is located on the first floor of a quality urban building with a total of 6 apartments.

The apartment consists of an entrance, hallway, kitchen with dining room and living room, 2 bedrooms, bathroom, balcony and loggia. The apartment has one outdoor parking space.
The most demanded format.

Other apartments available for sale in this complex are:

Building 6 (Six Apartments):

S5: 2nd Floor, 65 m² - 2 bedrooms, 1 bathroom, balcony, roof terrace, 1 parking space. Price: €265,000.

Building 9 (Nine Apartments):

S1: Ground Floor, 51 m² - 1 bedroom, 1 bathroom, terrace, garden, 1 parking space. Price: €195,000. (Reserved)
S5: 1st Floor, 69 m² - 2 bedrooms, 1 bathroom, loggia, terrace with pool, garden, garage parking space. Price: €315,000.
S7: 2nd Floor, 47 m² - 1 bedroom, 1 bathroom, loggia, balcony, 1 parking space. Price: €190,000.
S8: 2nd Floor, 68 m² - 2 bedrooms, 1 bathroom, 2 balconies, roof terrace, garage parking space. Price: €320,000.
S9: 2nd Floor, 45 m² - 1 bedroom, 1 bathroom, 2 balconies, 1 parking space. Price: €185,000.

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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. They way request any relevant documents on your family status.
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 (15.1115506 44.3471819)