Discover Property in Croatia, Discover Potential

National Geographic Magazine named Croatia ‘Destination of the Year’ last year and it’s certainly not the only entity to have rediscovered the incredible diverse array of fascinating delights that this recently war torn nation has in abundance - from plains, lakes and rolling hills to forests, Mediterranean beaches and medieval villages.

Everyone from international celebrities such as Tom Cruise and global millionaires to adventure travellers and property bargain hunters are discovering Croatia now that it is a stable and prosperous nation again – so to our mind the nation should adopt a new motto – ‘discover property in Croatia and discover potential’ because the authorities in Croatia are deliberately slow to allow new construction and deliberately careful regarding how their nation is touched by international investment meaning that getting your hands on decent real estate stock is hard, but the rewards are certainly significant.

A perfect location in Croatia to use for the demonstration of how local authorities’ restrictions on planning permissions are actually having a profound effect on the property market is in stunning Dubrovnik.  This is one of the most popular areas of Croatia for property investment, holiday makers, second home hunters and general intense scrutiny and yet according to the Regional Director of Colliers International Southeast Europe, less than fifty residential buildings have been given permission for development on the mainland in Dubrovnik-Neretva county in the last five years.

Demand in this location for property in Croatia could not be higher – yet supply is deliberately restricted.  Yes, this makes acquiring real estate difficult but yes, this makes acquiring real estate an incredibly sensible investment challenge! 

You may think that the restriction on supply is having a dramatic effect on property prices – but considering the stability of the nation, its geographic position and climate advantages, Croatia’s accessibility and rising popularity, prices are surprising low relatively speaking.

Property in Croatia certainly represents exceptional investment potential therefore – but because there is intense global concern that a property crash is pending, naturally it makes sense to view an investment as a long term commitment.  Those who will do best will stick to penetrating difficult markets such as Dubrovnik’s because the appeal of the location is undeniable therefore even if a global crash manifests itself on the world’s property markets, there will remain demand for such property stock and over the longer term at least, affordability will be such that it makes it possible to resell your investment for profit.

In the short term, if a crash comes, the best located property assets will still let out for decent rental income.

So, if you’re seeking the closest thing you can get to guarantees (yes, we know, there’s no such thing as a guarantee) – consider discovering Croatia, consider discovering property in Croatia and consider the potential that a well located and timed investment could offer.  Finally remember….our opinions are ours alone and are not meant to lead you but to inform your own investment research!

Special Reports: Property News for Croatia

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