Croatia Property Investment News

Emerging markets 'to challenge established countries'

Emerging markets 'to challenge established countries'

Emerging countries in the east of Europe are increasingly aiming to compete with their more established counterparts, according to a news provider.

The Southeast European Times said that countries such as Croatia and Bulgaria were aiming to increase their market share of tourists by drawing people away from countries such as Greece and Turkey.

Croatia in particular was said to be devoting considerable resources towards boosting visitor numbers, with new leisure facilities being opened in many prime areas.

This, the newspaper said, was also intended to attract foreign investors who wanted to "get in on the action".

The publication added: "Croatia has set its sights on becoming a European tourism superpower.

A number of new developments were said to have been created in Croatia's main tourist spots, such as golf courses, new properties and yacht rental facilities.

Last month, the potential of eastern European markets was highlighted by World Investment Services, which said they could generate "lucrative capital returns".

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