Croatia ‘hotting up’

Property in Croatia is ‘exceptionally good value’ for investors, argues Property Abroad…

Les Calvert, director of Property Abroad, recently commented: “The Croatian market is beginning to develop at pace - with the possibility of EU membership on the horizon – making now a good time to make a purchase. It's not as developed a property market as those other countries such as Greece and Italy, but it's certainly one to look out for, for the investor who likes to get ahead of everybody else.

According to the Croatian tourist board almost 11 million tourists visited Croatia between January and November 2007, a rise of eight per cent from the same period in 2006.

Mr Calvert continued: "Croatia is exceptionally good value for money. We've seen a large increase in online searches for property in Croatia in the last 12 months, so obviously people are starting to take more interest. People are looking at cities and inland properties that they can pick up relatively cheaply. But also people are looking at new developments on the beaches”.