Croatian property

Croatia is one of the most likely candidates for entry into the European Union within the next few years and as a result it is also one of the more exciting of Europe’s emerging economies in terms of potential property price growth because with pre-EU entry comes serious foreign direct investment and political and economic stability, and post-EU entry comes greater worldwide confidence in a country and a nation’s ability to trade more directly and favourably with the rest of the European Union.

When you add to this positive news the fact that Croatia has 5,835 kilometres of coastline (1,777 km on the mainland with 4,058 km wrapped around its numerous pretty islands) and a Mediterranean climate you have immeasurable tourism potential that as yet is being massively under-explored meaning that there is an entire marketplace for property investors to explore immediately.

From 2007 a number of UK and mainland Europe based cheap flight operators are opening routes across Croatia which will create accessibility and bring more tourists and therefore it is highly likely that this will increase the profile of the nation and result in a flourishing holiday and second home market as soon as the wider world realises just how stunning Croatia is. In the meantime it means there will be a demand for short term accommodation as well as tourism facing faculties and amenities offering an investor diversity.

The World Travel and Tourism Council have placed Croatia in the top five of all nations in terms of annualized real growth figures for travel and tourism demand from 2007 to 2016; Croatia is expected to achieve tourism demand growth of 7.6% a year for the next nine years meaning that here is a market ripe for property investor exploration in 2007.