Why Haven’t You Invested in Property in Croatia?

What’s stopping you from making the commitment to invest in property in Croatia?  Are you worried that it’s going to be another flash in the pan, that investment potential is only based on possible EU accession or that the rising tourism numbers are a fluke?

Well, not only is EU accession happening and with it the likelihood of increased trade, increased employment numbers, increased GDP and increased local demand and affordability when it comes to property - but tourism numbers in Croatia have been strong for hundreds and hundreds of years – in fact, so enamored by Croatia were the Greeks and Romans that they moved in!

And it’s the natural charms and delights of this stunning country that’s bringing in sustained and sustainable tourism, so in our opinion tourism numbers are only going to increase and with them will come the inevitable retirement and holiday home buying market demand too.  Therefore I’ll ask you again – why haven’t you invested in property in Croatia?

Croatia is an emerging property market here to stay. 

While we don’t personally subscribe to some schools of thought putting potential price gains over the next five to ten years in the triple digits, we do believe that there will remain an exceptionally good tourism rental market, that the numbers of overseas buyers looking to buy their own piece of heavenly property in Croatia will remain high and only ebb and flow based on the economics of the buyers’ own home markets, and that as the nation grows wealthier and more in demand, capital appreciation will be strong.

If you’re looking at Croatia for the first time for a property investment opportunity you’ll find your Google searches are returning property for sale in Dubrovnik, Istria and possibly Split – but are these the best places to buy property in Croatia?  Well, it depends on what you want!

Dubrovnik is highly priced because it is an incredible location – seriously, if you’ve never been to Dubrovnik we cannot recommend it highly enough.  It’s like a city in a fairy tale!  And while prices are high, the evergreen appeal of the city does mean that properties are realistically priced already.  You can command strong rental returns and renting a property in Dubrovnik is far easier than it is renting a villa on a development somewhere along the coast because your rental market will know what they’re getting from your property even before you send them details of it – i.e., location, location, location.

Istria is being dubbed the new Italy, the new Tuscany the new goodness knows what – but it’s not new, it’s been there forever and a day, it’s just that it remains lesser explored than some parts of Croatia - but all that is changing fast!  Developers are swiftly creating property potential in this part of the country and it is also being marketed heavily by tour operators…you can access most of Istria relatively easily and affordably too thanks to cheap flight operators nearby and so this is a good bet for those wanting the sort of returns you get when you buy off plan today and take possession in 18 – 24 months during which period of time land prices have risen in line with increasing demand.

Split on the other hand is a very different market to both of these two – in Split you already have established summer holiday demand and you have a choice of brand new properties for sale off plan or established villas and homes that are already up and running and returning tourism based rental market income.

If you’re looking for emerging markets within this emerging market they exist too – and in our opinion this is where you’re going to find the best locations which are the least over-developed and over-sold places in Croatia.  Look all along the Dalmatian Coast, examine places aside from Dubrovnik, Hvar and Korcula, travel the islands and fall in love with Vis or what about Bratus close to one of Forbes magazine’s ‘Best Beaches’?

Croatia is under-explored, under-developed (thank goodness) and absolutely ripe for investment – so what exactly are you waiting for, why haven’t you invested in property in Croatia yet?

Special Reports:

Croatia Investment Property Buying Process
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Croatia Property Buyer’s Guide
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Croatia Property Investment Overview
Croatia is re-emerging as a tourism hotspot and represents an excellent property investment opportunity for overseas real estate investors.