Investment Property in Croatia

Locations - Southern Dalmatia and Dubrovnik

Popular destination

Southern Dalmatia is in many ways the star of the Croatian property market, challenged only recently by Istria. It is separated from the northern half of Dalmatia by the modern addition of a narrow corridor of land, allowing the new state of Bosnia and Herzegovina access to the sea. The major cities of this part of the country are the regional capital, Split, and the famous, historic and previously troubled city of Dubrovnik.

Coastal focus

This region is focused almost entirely on the coast, with its coastline of coves and inlets, the channels and islands off the coast, the warm waters of the Adriatic and good marine links to Italy and out into the Mediterranean. Predictably this area has also been the most popular for tourism, with visitors being attracted by the spectacular scenery, great weather and historical interest that pervade every town, city and village of the region. This is despite the fact that Southern Dalmatia is the furthest and most difficult region to reach from Croatia's capital, Zagreb.

Emerging from war

Dubrovnik is the focal point of the region, symbolic even before the horrific damage that was inflicted on its ancient buildings and bridges. The process of reconstruction was completed in astonishing time and, as has been mentioned, some of the scars of war were intentionally left on buildings as a reminder of the past. The recovery of Dubrovnik served as a catalyst for tourists to return to Croatia and as the city emerged from the war it reinvented itself as a cosmopolitan and modern city.

Highest prices

In terms of property, Southern Dalmatia is the French Riviera or Costa del Sol of Croatia. Not only can buyers still find the traditional stone village properties for renovation, but also a wide range of new-build apartment and villa complexes. As a result of the popularity of the region, and the fact that it was the first to be 'discovered' by overseas property buyers, prices are the highest in the country.

Waiting list of buyers

In Dubrovnik, demand is so high that property never lingers on the market unless it is for a good reason. Agents are known to have waiting lists of clients and will sell to the domestic market before foreign buyers, preferring a less complicated transaction to the premium that would inevitably be paid by the non-national.

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