The buying and selling property trends in Croatia are generally positive. Croatia has overcome the global economic crisis of 2007-2008, with its economy growing at a steady rate throughout last year post-pandemic.
There are a number of reasons why the Croatian economy and its real estate market are doing well. One, Croatia as a net consumer of oil has been positively impacted by the fall in oil prices. The personal income tax cuts have boosted spending and consumer confidence. The low-interest rates and cheap mortgage loans have also helped.
There have been a record number of tourists who have visited the country over the last 12 months, which has certainly established Croatia’s credentials as a major tourist hub in Europe and a prominent overseas property destination.
Croatia is a member of the European Union now, and this has certainly led to an increase in the number of cash rich overseas buyers looking to invest in Croatian properties. There are now no trade barriers of any sort between Croatia and some of the richest countries in Europe such as Germany and Switzerland. This has allowed for a free movement of capital, which was not possible earlier.
So who buys properties in Croatia? Historically, buyers from Germany, Austria and Slovenia have always wanted to buy property in Croatia. There has always been a demand for holiday homes in Croatia from these countries.
However, the last few years have seen an increase in interest from cash rich overseas buyers from emerging nations such as Russia and China in Croatia. This is certainly good news for those who want to sell their property in Croatia online, as fast as possible.
There is also a lot of demand for homes in Croatia from the country’s large expat population, which is 4 million strong. There are hundreds of thousands of Croatians living in the United States, UK, France, Germany and Sweden. Many Croatian expats want to buy a property in their home country in order to maintain their links with friends and family in Croatia.
It’s about time that Croatia was recognised as an overseas property destination. It is, after all, a naturally beautiful country with a stunning landscape. The climate here is just perfect, without being too hot or too cold.
The people of Croatia are among the friendliest you will meet. They are warm and friendly and always willing to go the extra yard to help a tourist who is lost or in some sort of distress. The air here is clean, the waters are clear and there is no pollution of any sort. Crimes such as mugging or murder are very rare here. Croatia has one of the lowest crime rates in the world.
This makes Croatia a perfect place to buy a holiday home online. Property prices in Svetvinčenat are up by 21 percent and in Grožnjan by 36 percent. Certainly, things look good in Croatia and the country is headed for better times this year and beyond.
Contact us today to buy or sell property in Croatia fast online to overseas investors.