The Croatia property market now
Spring time has come and many British interested in buying property in Croatia have already book their flights to inspect the area and perhaps secure their dream holiday home. The property market in Croatia has rocketed in the last two years, before 2003 nobody knew much about the country that has gained its independence from Yugoslavia last decade. With the British press publishing many articles about Dubrovnik and its marvellous fortified city many started to look for property there.
Property in Dubrovnik has been always more expensive that any other Croatian area. Nowadays, the square meter of property in the old town of Dubrovnik is over 6,000 Euros approximately 4,100 British pounds! Many people expecting to get property bargains in the beautiful Adriatic coast started to look around other areas such as the islands and coastal town like Split or Zadar. The main negative factor with the islands of Croatia and the Dalmatia coast in general is the accessibility. Ferries can be cancelled because of the weather and journeys there can get really long.
An area that passed unnoticed at first was Istria, a vast green peninsula in the North Adriatic close to Italy. Now, British buyers have realized of the real potential of the area. It's closer to the UK and visitor can use many budget flights airlines to close and convenient airports to Italy and Slovenia. The season in Istria is longer than in the Dalmatia and the island so those looking for a buy to let in Croatia can benefit more. Finally, property prices in Istria are far cheaper than in Dubrovnik open the market to those still looking for the Croatia property bargains.
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