Published on 14 February 2006 at 12:24 pm
Filed in Property News for Croatia » Croatian Property Market Benefiting from Increased Accessibility
One of the familiar concerns that many property investors face is physically accessing an emerging country with a potentially interesting real estate marketplace - the ongoing accessibility of a country for a property investor can make or break the potential profitability of any investment made in that country’s real estate sector.
Those who are aware of the inimitable potential in the property markets in Central and Eastern Europe currently for example are also aware of the accessibility limitations that will restrict potential tourism traffic to their investment property. But good news for those interested in the Croatian property market comes in the form of a new low cost carrier who is starting direct flights from London to Zagreb beginning in March 2006.
Wizz Air, a low cost carrier focused specifically on Central and Eastern Europe is well aware of the growing numbers of investors, tourists and international business people keen on exploring a range of possibilities in Croatia. Having thoroughly researched the levels of interest in direct flights to Croatia from Britons, Jozsef Varadi the Chief Executive Officer of Wizz Air is confident that their 4 flights a week from London to Zagreb will be full.
The news announced at a Wizz Air press conference in January has already sparked rumours of a property explosion in Croatia, and local estate agents in and around Zagreb and now gearing up to offer free flights and inspection trips to British property investors in the summer.
If the new service, which starts on March the 27th, proves as popular as expected, Wizz Air is prepared to increase the number of flights further.
Not only are property investors expected to fill the seats on the new service, the stunning beauty and range of sights, sounds, flavours and experiences available in Croatia will likely see the numbers of independent travellers to Croatia increase. With flights starting from as little as GBP 33 and with the airline’s ongoing commitment to keeping prices as low as possible, the low cost of accessing Croatia will mean that it is a country of appeal to many more people.
This fact is key to property investors in Croatia - because the investment potential in Croatia’s real estate sector currently stems mainly from the tourism market this immediately means that an investor’s concerns over accessibility have been addressed and positively answered. Therefore those who are seriously interested in investment property in Croatia should consider exploring the range of opportunities available now before the whole world wakes up to the potential of the Croatian property market!
