Innovative property investments
Investment Property in Croatia
Buying Guide
Property Overview
Still emerging?
As one of the original 'emerging markets' in the recent boom in overseas property, it seems to have been just yesterday that Croatia was being seen as a new country, on a par in terms of development and infrastructure with Croatia.
At that time, many people saw buying property in Croatia as the Holy Grail of an investment market - close enough to reach in a couple of hours from London, with prices last seen in Spain in the 1980s.
There was a brief period of almost hysterical speculation and investment in Croatian real estate which saw exhibitors at overseas property exhibitions being virtually mobbed and selling out of product on their stands.
Then, for a combination of reasons, other markets overtook, gained more press exposure and induced even more frenzied buying of 'investment' properties.
Controlled growth
The Government made it clear that they would not allow rampant property development to advance unchecked, eating up every square foot of land with a sea view and direct access to a beach.
Thus some of the major developers, and in turn the major investors in developments, looked elsewhere for land upon which to build.
Prices stablising
The development of Croatia as an overseas property market slowed, and the prices which were at one time well above those seen in other developing markets, have now stabilised to a large extent.
This is not to say that the market is boring or indeed unprofitable for investors. Merely that it is different and it takes a different attitude to make an astute purchase.
Key facts
- Government-controlled development and the emergence of markets elsewhere, drew away the spotlight from Croatia but not its opportunities for profitable investment
If you would like to receive the complete Guide to Buying Property in Croatia please complete the form below.
Downloadable Reports and Documents
|
|||||||||||||||||||||||||||||||||||||||