Croatia’s long-term investment potential

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by Gill Montia

Croatia is being recommended as a possible investment opportunity by Amberlamb, the overseas property analyst.

The eastern European country has much to offer in terms of its dramatic and beautiful landscape and while real estate prices have been rising sharply, Croatia remains affordable to many Britons seeking a second home.

Last year, tourist activity rose 8% taking the number of foreign and domestic holidaymakers to around 11 million.

The country’s amenable climate and slow pace of life are attractive to many. Infrastructure and healthcare standards are improving and rental demand is strong.

Potential investors need to familiarise themselves with Croatia’s rather restrictive planning laws and be aware that a lobby of nationals exists who are opposed to foreigners buying property.

The country is a promising candidate for EU membership and property prices are likely rise significantly if and when membership is achieved.

According to Amberlamb, Croatia has investment potential for those prepared to back the country in the long-term.

While good costal properties are at a premium there are plenty of inland investment opportunities that are not yet attracting foreign buyers, although properties in such regions should be seen as long-term investments.