Real estate Croatia: sometimes, the unknown is better!
As an investment point of view, avoiding those popular areas can be a way for smart investing
Depending on your requirements, it can definitely be more advantageous to buy a property a bit further from the central areas. For example, in the popular city of Pula in Istria, for the amount of €350,000 it is possible to purchase a villa. However, it doesn’t guarantee that this property is modern or newly built.
Other regions of Istria can be a jackpot!
The prices of real estate in micro-locations can be much lower in comparison to popular spots. And lower price doesn’t necessarily mean that the area is not good, it can actually mean the opposite. Depending on their location, they can have great accessibility and mobility to other villages, cities and towns.
If you are looking to buy a villa, for example in the central area of Istria, you will be pretty much 10-15 minutes away driving to the city or the coast, the choice will only depend on your mood.
A newly built self-sufficient villa with 3 bedrooms, parking space, private garden and heated pool can cost you the same amount, but the advantage is that when you want to enjoy your investment, you will stay in an authentic, private area.
Another advantage, also due to overcrowds and accommodation unavailability on those regions, is that, lately there has been a significant increase of interest from tourists looking for a more peaceful stay in Croatia. Maybe in numbers there are more visits to popular areas, but regardless, you will be able to rent and generate an income with your investment property anyways.
Also, numerous EU funds and foreign investments are directed to Croatia currently, those developments are growing rapidly which makes your real estate grow value overtime, benefiting Croatia and your property as a whole.
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