Sunday, January 07, 2007

Croatia Online - New Year, New Life?


If one of your New Year’s resolutions is to find that place in the sun, perhaps you’re thinking of Croatia? Yes the weather has been great for the last few months but, unlike southern Spain, expect winter temperatures only a little warmer than England.

This site has plenty of postings on lifestyle issues, the property market, specific destinations, business opportunities and a host of other subjects, so browse at your leisure. However if you’re interested in making that life changing move, here’s a general indication of latest property prices around the country.

Source: Burza Nekretnina, www.burza-nekretnina.com, as reported in the daily newspaper Slobodna Dalmacija on 5th January 2007.

Split District: averages around €2,000 per square metre for a flat, a little less for a house and between €150 and €380 per square meter for land.

Zadar District: averages around €1,500 per square metre for a flat, €1,300 for a house and between €70 and €380 per square meter for land.

Šibenik Region: averages around €1,700 per square metre for a flat, €1,300 for a house and between €80 and €95 per square meter for land.

Dubrovnik Region: averages around €2,700 per square metre for a flat, €2,400 for a house and between €200 and €650 per square meter for land.

Clearly there is a wide difference in prices, within the region, depending on specific location, build quality, etc and you can still find a good deal if you look hard. However Croatia is no longer the bargain it was a few years ago and the complications that accompany the property buying processes do not seem to have diminished significantly. If you want to minimise problems, go for a new build by a reputable developer where you can be fairly certain that the title is clean. Land purchase is risky with the building laws changing all the time and many town and district councils yet to announce their long term zoning plans.

If you don’t have time to browse the Croatia Online site, here are some direct links to a sample of previous postings on property:

Property Radio Show
Letting Your Property
New Regulations For Estate Agents
Permission For Foreign Buyers To Purchase

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