Real Estate

                   Wonderful City and State!

 
 
 

Apartment Two

Two Floor and Two Bedroom Flat, Surface 67 m2,

The Apartment Consists of Entrance Hall With Wc, Kitchen, Dining Room, Living Room on the Ground Floor,

 Two Rooms and a Bathroom in the Attic.

Location: Bakar, Croatia

Price: 90.000€

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What is Real Estate?
 
Real estate is "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing."
 
Residential real estate

The legal arrangement for the right to occupy a dwelling in some countries is known as the housing tenure. Types of housing tenure include owner occupancy, Tenancy, housing cooperative, condominiums (individually parceled properties in a single building), public housing, squatting, and cohousing. The occupants of a residence constitute a household.

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Residences can be classified by, if, and how they are connected to neighboring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residents might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.

Mortgages in real estate

In recent years, many economists have recognized that the lack of effective real estate laws can be a significant barrier to investment in many developing countries. In most societies, rich and poor, a significant fraction of the total wealth is in the form of land and buildings.

In most advanced economies, the main source of capital used by individuals and small companies to purchase and improve land and buildings is mortgage loans (or other instruments). These are loans for which the real property itself constitutes collateral. Banks are willing to make such loans at favorable rates in large part because, if the borrower does not make payments, the lender can foreclose by filing a court action which allows them to take back the property and sell it to get their money back. For investors, profitability can be enhenced by using an off plan or pre-construction strategy to purchase at a lower price which is often the case in the pre-construction phase of development.

But in many developing countries there is no effective means by which a lender could foreclose, so the mortgage loan industry, as such, either does not exist at all or is only available to members of privileged social classes.

 

 
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Culture

Bakar

 

"The town consists of the wonderful old town, which rises steeply along

the slopes beside a Frankopan castle (16th century), and of a more

modern part of the town situated along the coast. Bakar was once an

important trade port, and a fishing, winegrowing, shipbuilding and

maritime centre. A maritime school was opened there long ago in 1849,

graduating many sailors. In the high standards of that in the

surrounding area. air barrels mortgage rates river and fifth condos crosstown condos Trump 2020 retail CBDC wholesale CBDC fertility crisis rv residents zombie corporations cbd puffers blank sailing camel toes debt shaming cbd beverages public choice theory genetically edited babies galleria on the park snow washing build tiny houses the exit drug crosstown condos toronto condos In its more recent past, it was a centre for tuna fishing

in the northern Adriatic and the town receives many foreign visitors.

 

The Margaretina Summer offers a cultural art programme (concerts,

Chakavian dialect evenings) as well as the chance to see the art creations

of "Mare croaticum" /27-31 June)."

 

- Doris Markovic, CRO -

 

Destination
 

"A picturesque vineyard where grapes are grown for the famous
Bakarska vodica champagne, its proximity to Risnjak National Park,
Lokve, Crni Lug, Delnice as well as the ski centres Platak and Bjelolasica
make Bakar an increasnigly visited tourist destination!"

- Toni Mataija, CRO -



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