croatia property try the coast for a bargain
News Posted On: 11 May 2009
Overseas property buyers should seek out bargains in Croatia, according to overseas property portal Property Abroad.
Croatia property values were among the fastest to grow during the last boom, as the fantastic climate, great beaches and exclusive taste of the unknown, combined with its path into the EU to make it the chic destination of the moment with overseas lifestyle buyers and investors.
However, Croatia's rapid growth came back to bite it: prices had grown faster than surrounding countries, and when EU entry stalled some of the surrounding countries became the more attractive option. But this has been reversed to extent.
"If you look at the places in Croatia that are most popular with tourists, you will find resale properties for sale at their 2004, 2005 and 2006 price levels, said Julie Liddle, emerging markets analyst with the portal."
"These are certainly worth a look. What's more: Croatia tapped into the boom earlier than its neighbours, so many of the properties are top of the range modern developments that have recently been completed.
In my opinion these present the best opportunity because the developments themselves will boost the area's price growth potential by adding top-of-the range facilities and amenities," Julie explained.
Property Abroad is currently advertising dozens of properties for sale in Croatia.
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