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INVESTING IN CROATIA
For anyone considering purchasing property in Croatia, now is a very good time! Property prices are on the increase, the last 12 months has seen prices rise by 20% or more and the demand for property continues to grow!
For property investors, the choice of locations is almost endless. Quiet fishing villages offer a great 'get away from it all' stay, whilst popular coastal and island holiday resorts offer a wide choice of activities and restaurants/cafe bars, or you can choose to just relax, maybe do a little people watching! In addition, there are still plenty of opportunities for new developments for small and major investors.
Don't take our word for it.
Croatia is earning itself quite a reputation...
The American actor John Malkovich has joined the growing ranks of westeners snapping up properties on the Adriatic coast after putting in an offer of £3m for a large villa that onced belonged to Yugoslavis's communist elite'. Read the full article Read the full article here..
In October 2003 Ginetta Vedrickas from the Independent wrote, "When the BBC announced that Croatia would be next in line to join the EU after the 2004 enlargement, it had a big impact on agents selling property there". Read the full article here.
In January 2003, Andrew Smyth from The Evening Standard wrote: "Along that coast you can take your pick from dozens of enchanting centuries-old Venetian towns, where elegant stone houses line narrow streets running down to the sea, and more than 1,000 islands, most of which remain uninhabited."'. Read the full article here.
With a pristine coastline stretching some 1100 miles along the Adriatic coast and 260 days of sunshine each year, Croatia is a holiday paradise and fascinating place to visit.
- Property is still very affordable by Western European standards
- Strong demand from overseas investors is creating a buoyant market – the market has seen growth in property prices of 20-30% + per annum.
- The quality of property is of a reasonably high standard.
- Croatia is becoming far more accessible by air. It's a short distance from the UK and Ireland (2½ - 3 hours flying time).
- Entry into the EU in 2007.