Croatia Property Market is set for a Boost as EU Membership draws closer.

Real EstateCroatia

EU Accession for Croatia looks set to be on course for 2012, with an expected boost to the Croatian property market. Last week the EU Permanent Representatives Committee (COREPER) approved the opening of the final three chapters – judiciary, competition, and foreign, security and defence policy.

With the expected membership of the EU looming for Croatia, the property market has already seen a surge in demand by foreign buyers. Now that the final set of chapters are set to be open it is likely that Croatia will become the 28th member of the European Union.

Buying property in Croatia is being seen as a good investment choice with Croatias strong market economy. In recent times the Croatian real estate market has become one of the most popular property markets for investors as the returns are predicted to be strong.

Croatia has more than an attractive property market to offer investors. Croatia has been blessed with a natural beauty that has a pristine quality and an alluring charm. The fact that Croatia is rising fast as an upcoming holiday destination with its favorable climate and stunning beaches and islands. The Croatian government is now taking strong steps towards ensuring that the tourism sector of the country can be used to support its economy, and as a result, holiday homes, resorts and hotels are looking to be the next preferred investment option in the country.

With the future looking brighter than ever the next 2 years could set to be a opportune moment for investors and holiday home buyers to acquire a property in Croatia before EU entry. Demand is growing already and EU entry will draw greater returns from a property investment.  For more information about property in Croatia, contact our agents on sales@novrealty.com or skype Novrealty.

Posted by Marium Raja in Real Estate, July 9th, 2010

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