Who buy property in Croatia
Property in Croatia is sought not only for British investors ho realized the property market in the UK is slowing down but for many other Europeans.
Irish are also discovering Croatia as the right place to invest in property, now Irish economy is strong enough to allow its nationals to buy property in Croatia. The south of Croatia is a good example of Irish economic moves; plenty of new developments and even new real estate agencies in Croatia are Irish owned.
Germans are one of the first who started to invest in Croatia property. As soon as the Croatia government allowed foreigners to buy property in Croatia, the Germans sold out their properties in Italy and purchased property in Croatia. They have been passing their holiday every summer in Croatia and already knew what they could expect of the market. Germans are very different from the UK buyers, there are a big deal of them who buy old stone houses for renovation and after their rework the results are stunning.
Old stone houses can be renovated but by law they have to keep the style. This kind of property after is rented out as villas, they even build swingpools and more western features so they can rent to other tourists. The revenue they obtain is quite significant, in Istria, the tourist season starts in end of April and ends in October; they do the most of this time specially as agrotourism in Croatia is growing in popularity.
Property in Istria or the whole Croatia is being considered a good investment and not only for the UK buyer.
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