Location
Istria is attracting more and more tourists from Italy, Germany and Austria. The peninsula is not only attracting high spending tourists coming from those countries but it also bringing more families.
One of the main factors to make a good purchase when buying an investment property is choosing the perfect location.
You can choose to purchase a little cottage in a village in central Italy, an apartment close to your relatives and parents or even buy a modern villa in Algarve (Portugal).
However, this choice depends on your goal and intention, there is a difference between a real estate property anywhere and a real estate investment property.
We have selected a few major investments of end of 2017 and 2018 in Istria, so you can analyse how that can directly benefit your investment
DAMAC
Last November, an international investors conference took place in Zagreb, attracting very important guests such as Wael Al Lawati from DAMAC.
DAMAC was the first real estate company from the Middle East to list on the London Stock Exchange and they raised 379 million US dollar in the form of an IPO.
It has delivered approximately 19900 homes to date and has over 44000 units in various stages of development, all this in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, United Kingdom and Oman.
Now they want to extend their investments in Europe and are planning to invest in Croatia:
“Croatia has a lot to offer in terms of picturesque locations for residential communities as well as being an attractive holiday destination for tourists, presenting tremendous potential for hospitality projects.
Istria’s close proximity to a number of countries such as Italy and Slovenia makes it easily accessible for holidaymakers travelling by car.
Croatia’s geographical diversity makes the country very attractive to DAMAC as it opens up a lot of opportunities to plan a mix of projects.”
Said Wael Al Lawati – DAMAC’s Senior Vice President of International Business Development.
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