Croatia's confidence boost
The property
market in Croatia has been given a major confidence boost following a Change in
legislation this month...
That's according to one expert, who believes that allowing non-Croatians to
purchase property with the same rights as Croats is a big step in the former
Yugoslav republic gaining European Union (EU) entry.
Andrea Marston, UK manager of Investment Group Croatia, a local real
estate firm, commented that while it was
too soon to see any impact, the long-term forecast was that it would encourage foreign property buyers.
She said: "If you're in the EU it is very straightforward now. You don't
need to get any permission, so it's very similar to buying property in the UK
now.
"It shows that Croatia is serious about joining the EU and about making
improvements to its property market, so it is a big boost to confidence from
that perspective."
Source: www.axiafx.com