When Croatia signed the EU Stabilization and Association Agreement in 2005 its chances of accession to the European Union were massively boosted; as a direct result, foreign direct investment began to flood into this stunningly beautiful south-eastern European nation immediately.
With its sublime stretch of Adriatic
coast, Croatia has long been
regarded as one of the most beautiful parts of Europe.
The war in early 1990s swept back the flourishing tourist industry and little
by little visitors are flocking back to its string of coastal and island
resorts. Best of all, is that Dubrovnik.
And indeed Croatia
has remained, in essence, a holiday paradise place, that has so far escaped the
extremes of mass tourism.
Since Croatia has been becoming ever
more popular as a holiday destination lately, foreign investments and interest
in purchasing property, or real estate, in the country has also risen quite
suddenly especially in recent years. The popularity of Croatia in terms of interest in buying property
in Croatia
is very understandable, when looking at the suburb geographical location of
this Southern European country.
Croatian land and house prices in the country are still very favorable
compared to other European ones. Especially on the Dalmatian islands where
properties such as beautiful Croatia
stone houses built in the traditional style. In other beautiful Croatia historic towns such as Dubrovnik, Hvar, Zadar or Korcula there are
also excellent real estate and property purchase opportunities to acquire prime
location real estate at reasonable prices. Interest of foreign investors in
buying property in Croatia,
including the small islands, grew up very quickly two years ago. Until then
foreigners did not trust that this was a market worth investing.
Property in Croatia has risen in price by over
20% per annum over the last two years. This fact reflects increased popularity
that Croatia now enjoys as a
holiday home and profitable Croatia
property (find examples here http://www.croatia-property.org.uk/
) investment base. This dynamic is supposed to continue, particularly as Croatia
is being considered for get full EU membership by 2009. With the region’s
newfound stability and substantial new investment in infrastructure, such as
motorways, hospitals, etc., all the forecasts are that Croatia property is set to rise in
value quite considerably.
After several years people spending
their holidays in Croatia
have become more familiar with the country and are/will be more than happy to
buy property in Croatia.
Nowadays number of people seriously interested in property for sale in Croatia
is showing a sharp increase, the number of real estate agents offering
properties in one of the beautiful provinces is rising as well. This includes
both Croatian real estate agents focusing on the international property market
and international operating firms.
The popularity of this trend just serves
as a highlight of the quality of the property developments being undertaken
across Croatia
and the depth of international interest that exists in the Croatian real estate
sector. The Croatian property investment market seems to offer the
impossible – a mature emerging market – and any international real estate
investor searching for exciting opportunity should not miss the opportunity to
invest into the rising star that is Croatia.
Article Source: http://www.articlesemporium.com/.
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