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Croatia Property Investment News
Croatia speeds towards EU
In good news for overseas property investors, European Union officials have said that negotiations for Croatia's accession to the EU will be quickened.
Vincent Degert, the EU Commission's envoy to Zagreb, said that more negotiating chapters would be opened this June, in the hope that Croatia will be capable of joining the 27-state bloc.
"We hope that after the EU summit in June, Croatia will have 10 to 12 chapters open. That will be substantial progress," he said.
"We have already said 2007 was a decisive year, when we should see acceleration of the talks, first in June and then under the Portuguese presidency."
The negotiating progress had been slightly hampered by Turkey's accession talks having begun simultaneously, but this recent announcement promises a bright future for the Croatian economy.
Croatia's reputation as a holiday destination has grown since the break-up of Yugoslavia and with EU membership likely to mean increased tourism and resultant rental demand, as well as the increasing availability of cheap flights, Croatia looks a potentially profitable investment destination.
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10-20% pa for 12 years
Contracted income
with guaranteed
capital appreciation
Agricultural land
investment operated by
public listed company.
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