Croatia - Coast vs City: Where can we see the most potential for property investors
5th July 2007
By Emma Brookes, Direct Marketing Manager, Property Secrets
There is no doubt that coastal Croatia is more commonly known to foreign investors. In the last few years the country has become extremely popular as a holiday destination among Westerners. It is much cheaper than Spain or Greece and at the same time has equally, if not more spectacular, coastal areas.
This development of the coastal areas has attracted property investors, especially Germans and Austrians, who have always had strong ties with Croatia.
The Croatian holiday homes market has experienced a price boom over the last few years, although they are still cheaper than in Spain or Italy. Increasing interest from foreign buyers looking for second homes or retirement residences has boosted the market.
But the market is still in its initial phase of development. Due to a lack of regional planning and delays, the supply can't meet the demand.
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