Katarina Stanic lives on the Mediterranean island of Brac in Croatia. She advises tourists on the best places to go on the island and currently works with Kavanjin on their range of Property in Croatia in the beautiful harbor town of Sutivan.
Why Property in Croatia is an First-rate Investment Opportunity
- Exceptional capital growth predicted
- Earn letting returns at 6.5% average to 13% maximum
- EU entry is expected in 2011 or 2012
- 155% tourism growth forecast 2003-2013 (World Travel & Tourism Council)
- Established rental and management program
- Terrific re-sale and letting potential exists
Increased Interest in Croatian Property Investment
Croatia is experiencing revitalized interest as both a vacation destination and a property hot-spot. With all of the heavy promotion campaigns for real estate investment in other European states Croatia has been able to come into its popularity softly leaving clever investors with lovely, unspoilt real estate to select from.
Croatia is located across from Italy over the Adriatic Sea, it features similar beauty, lifestyle and architectural aesthetic to its neighbor, but it has lower real estate prices and has managed to go mostly unsullied by property development. increasingly individuals have been discovering this "secret" location, Croatia is in fact inside a three hour flight away for over six hundred million Europeans.
Tourism is forecast to grow to a $20.2 billion industry in Croatia by 2013, this would be a 155% growth from 2003's $7.9 billion. To manage the building necessary to meet this rising demand, the Croatian government has put in place strict planning permit and zoning requirements. These laws insure that Croatia is not over-developed and that all new buildings are limited in quantity and reasonable in size.
With renewed vigour, clear government guidelines and a bubbling property marketplace,there has never been a better time to invest in property in Croatia.
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