Istria’s Tourism Triumph: Breaking Records and Building Dreams
The big picture for Istria’s tourism is not just favorable—it’s beaming with success and promising ventures!
Record-Breaking Overnight Stays: 30 Million on the Horizon
As of the start of December, the Istria Tourist Board revealed compelling data on overnight stays from January to November 2023.
The figures reached an impressive 29,966,008 officially registered stays. With December’s numbers set to surpass 100,000 stays, 2023 is gearing up to conclude with a record-breaking 30 million overnight stays in Istria! What’s even more remarkable is that no other region in Croatia boasts such an influx of visitors.
Extended Stays: A Win for Villa Owners
One key takeaway from the statistics is the average length of stay, clocking in at over 6 nights.
This is fantastic news for us, as villa owners, as longer stays translate to reduced costs and higher returns on our investment. Unlike short-term rentals in bustling cities, our Istrian villas are attracting guests seeking an extended retreat.
In most cases our guests book our villas for 7 or 14 days
Solid Growth in the Off-Season
While summer in Istria is always bustling with tourists, there’s a noticeable rise in off-season rentals.
This trend is especially promising as it extends the potential earning period for our villas.
With limited winter-friendly accommodations in the region, our villas gain a competitive edge, positioning them as sought-after retreats even during the colder months.
What the New Record Numbers Mean for Us
As Istria’s popularity continues to grow, our villas are set to benefit from sustained high demand.
The allure of Istria’s natural beauty, proximity, and diverse attractions ensures a steady stream of guests. With the western coast reaching its capacity, new developments are emerging in the rural and eastern parts, further enhancing the appeal of our properties.
In most cases our guests book our villas for 7 or 14 days
Rising Rental Prices and Villa Values
As a natural consequence of this demand surge, rental prices for “quality accommodations” are poised to rise gradually.
Simultaneously, the value of our villas will continue to ascend, propelled by Istria’s efforts to integrate seamlessly with prime European countries.
We anticipate fully occupied villas filled with delighted guests, creating a positive ripple effect on rental prices and property values.