What about buying off plan property in Croatia?
Buying off plan property in Croatia is other way to get your own place in the sun or a property investment opportunity. Some people might find Croatia property prices a bit high from they were expecting and the market already is starting to take off - much more slowly than by the time Croatia joins the EU.
Off plan property in Croatia is much more affordable and it has a few more advantages than just getting a brad new Croatia property. There are many developments nowadays in Croatia but as the legislation has changed recently in order to protect the environment and especially the coast, Croatia is very unlikely to become as Spain were overdevelopment has done enough to put off a big number of foreigners looking for a second home abroad.
In Croatia you should be aware about how the developments is set to run, usually you will reserve your property with an initial 10 per cent of the agreed price, 40 per cent is paid during building and the rest at completion stage. The stage might vary slightly from developer but basically keep in mind that always can be negotiated.
Other advantage of buying brand new property in Croatia is you won't have any issues with regard to the title, as you'll be the first owner. Paperwork should be checked fully, you could use a lawyer or a reliable estate agent to help you out. For example, at the time of signing the contract a required document might not be available yet, that's the certificate of usage, which can only be obtained once the building is completed. There shouldn't be a problem in attaching this to the final contract at a later stage.
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