Novi Zagreb - Istok, a vibrant district on the southern bank of the River Sava, offers a rich tapestry of history and culture. Originally developed in the mid-20th century as part of the ambitious post-war expansion of Croatia's capital, it has evolved into a dynamic urban area. The district is known for its proximity to historical sites, such as Bundek Park, which hosts annual cultural events and offers picturesque lakeside walks. Geographically, it is well-connected to central Zagreb, making it a strategically appealing location for both residents and investors.
The Current Luxury Property Market
The exclusive property market in Novi Zagreb - Istok is currently stable, with a robust demand for luxury homes outpacing the supply. This vibrant area continues to attract discerning buyers seeking opulent residences, contributing to a competitive market environment. The political and economic climate is stable, fostering investor confidence and encouraging further development in the district. For those purchasing luxury homes, it is important to consider additional costs such as a 3% transfer tax, along with notary and potential legal fees.
Real Estate Costs and Taxes
In Novi Zagreb - Istok, the real estate commission typically ranges from 2-4% for both buyers and sellers. Buyers should also account for additional costs, including the transfer tax and potential legal expenses for due diligence. While there is no wealth tax on private property ownership, profit from selling a primary residence is exempt from capital gains tax, unlike secondary homes. Corporate tax on profits is set at 18%, and income tax for residents is levied on a progressive scale, further encouraging investment in this upscale area.
Accessibility and Connectivity
Novi Zagreb - Istok boasts excellent accessibility by both road and rail, with connections to central Zagreb that allow for easy commuting and travel. Located only 6 kilometers from Zagreb city center, the district is conveniently close to key urban amenities. The Franjo Tuđman International Airport is just a 15-minute drive away, providing swift access to national and international destinations.
Education and Healthcare
The area is well-served by educational institutions including the University of Zagreb and the renowned American International School of Zagreb. Healthcare facilities such as KB Merkur and Sestre milosrdnice University Hospital Center are nearby, providing high-quality medical services to residents.
Luxury Lifestyle and Amenities
Novi Zagreb - Istok caters to upscale tastes with a variety of luxury lifestyle offerings. Residents can indulge in high-end shopping at Arena Centar and enjoy fine dining at acclaimed restaurants such as Dubravkin Put. The district is also home to iconic cultural venues including the Museum of Contemporary Art, which hosts a range of exhibitions and events.
Nature and Outdoor Activities
Surrounded by the natural beauty of lakes and parks, Novi Zagreb - Istok offers an abundance of outdoor activities. Bundek Park and the Sava River embankment provide opportunities for cycling, jogging, and leisurely walks. The temperate climate makes outdoor exploration delightful throughout the year.
Cultural and Sporting Events
The district is a cultural hub, with annual events such as the INmusic Festival attracting visitors from across the region. Sports enthusiasts can enjoy facilities for tennis, football, and other activities, contributing to a vibrant community lifestyle. With its blend of modern living and cultural heritage, Novi Zagreb - Istok remains an appealing choice for luxury home buyers.
English 
Dutch 
German 
Spanish 
French 
Arabic 
Russian