Information about the property
Description and classification
The apartment complex Residence consists of 7 buildings with ten apartments in each building, with underground parking spaces, atriums, exterior parking spaces and functional land. It is located in the municipality of Lucija with the use classification of: tourism, tourist care and services. The apartment complex Residence was built in 2006 and in 2007 was issued a use certificate which classifies the use of the buildings as: 1211 - hotel or similar buildings for short-term stay. The buildings are not classified for permanent residences (non-conforming classification 11 - permanent residence buildings).
Apartments in the apartment complex Residence are condominiums with individual parcels and are sold as a separate part of the building with a share of the common area and the land. Each apartment has at least one underground parking space and some apartments have their own terraces, atriums and exterior parking spaces, as shown in each apartment's specification.
Terms of sale, taxes (PTT or VAT)
Apartments are sold fully furnished and on as-seen basis.
In case the buyer is registered in the scheme of value added tax (VAT) in the Republic of Slovenia and is entitled to VAT deductions, then the sale of the real estate property is taxed based on the officially prescribed rate, in accordance with the first and second paragraph of Article 45 of the Law of Value Added Tax (ZDDV-1, Official Gazette of Republic of Slovenia number 117/2006 and amendments thereafter) and buyer and seller shall specify this in writing in the sales contract. If the sale of the real estate property is excluded from the VAT scheme, then the property transfer tax (PTT) of 2% must be paid. PTT is calculated from the tax base value, which is the sale value and is paid by the buyer.