Buying property in Croatia and Istria
Buying property in Croatia is now possible and many are taking advantage by getting their own place in the sun in the beautiful Adriatic Sea. Ten years ago it was impossible for foreigner to buy Croatia property but after the independence from Yugoslavia the property market has opened for those looking to invest in Croatia.
British are now very enthusiastic about this new property hot spot in the Mediterranean, Croatia property is more affordable than property in other sunny countries like Spain or Italy in Europe. It's an amazing change for the Croatian economy as well as the property investors. Property rises in Croatia are steady and with Croatia ascension to the EU an increase of 200 to 300 per cent is easily expected.
There's a big interest in different kind of properties in Croatia. Apartments on the coast whether for a buy to let or holiday home are perhaps the most popular kind of Croatia property on sale nowadays. With an average of 2,000 Euros per square meter in mind you can afford a place on the seacoast. A one-bedroom apartment starts at 50,000 Euros and the price is good.
Old stone houses are very popular in the inland, especially in the Istria region, close to Italy. The ruins are very cheap and renovation shouldn't be expensive either. Many are already setting their renovated villas in the countryside for rent as agro-tourism is very popular in the region.
Big investors seek plots of land, they usually partner with some experienced local to help with the paperwork, as it's essential to get proper permissions.
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