How are property prices doing in Croatia?
Property prices in Croatia are already high along the southern coast, around Dubrovnik and some buyers may find they have to wait a year or two before seeing any capital appreciation on their purchase. There is little building land available here, as the area is squeezed between the mountains and the sea. Babin Kuk, on the Gruz side of Dubrovnik, has a number of developments and there are also apartments down at Cavtat, near the airport. Slano, to the North has seen some development, otherwise there are plenty of existing Croatia properties.
The Croatia islands are also popular, from Cres, Krk and Pag, thij Brae and Hvar, down to Korcula and Mljet - and many areas for property buying. The islands are very attractive in summer, have accessibility problems in winter, when the ferry service is Bear in mind that if Croatia property is cheap to buy here, it may be there are water problems in the summer, or that building wor expensive. There are some developments taking place on Ciovo, Trogir, which benefits from being linked to the mainland by rather than needing a ferry.
The central Dalmatian coast is also popular, especially with Zadar tipped as a new Ryanair destination. There are new developments taking place here and prices are still reasonable. The area is popular with Croatians from Zagreb, for whom it is an easy drive a own summer houses in this area. When the motorway from Zagreb opened a new section last year, bringing Zagreb an hour d prices of some properties rose 50 per cent. The prices aren't because of foreign buyers.
Generally, property in Croatia is a good buy. Just remember is essential to make sure that all the paperwork is correct before committing yourself to a purchase. Good luck!
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