Wednesday, March 15, 2006

Property News

It seems that, with the ongoing enthusiasm of foreigners wanting to purchase property in Croatia, the rules are changing rapidly and existing rules are now being enforced more stringently. You may have seen an earlier report on the property market on this site (see below) in which we made a number of recommendations about eg seeking good professional advice. This is truer than ever before - what can appear to be a relatively simple property purchase transaction can trigger attention from a number of different authorities.

I’ve been following the Croatia Property and Home Website,, and Newsletters for well over a year now. Not only do they appear to be THE source of information for anything to do with Property in Croatia, but Martin Westby has managed to solve some problems that have left most local experts dumbfounded. Anything from how to transport furniture from the UK, to getting a licence to let property and most things in between. In a young property market, still lacking established mechanics, the only real way of dealing safely in it is to be prepared, have good professionals acting for you, and to make sure you are thorough in your preparation and legal checks. Martin has recently made available A Guide To Renting in Croatia. It’s available through the website for £9.95, or free to people who advertise their property with the site, and I’d suggest that it’s required reading for anyone who is thinking of purchasing an investment property and letting it out.

Martin has obviously had to work through almost every conceivable scenario over a period of time and it is this sort of experience that can be invaluable to a potential buyer setting out on the acquisition trail. We haven’t spoken to a single person who has had an entirely hassle free purchase so I’d definitely suggest that forewarned is forearmed. The document goes into a lot of detail about the various procedures that are required and hopefully will make the whole process a lot easier than going it alone.

So do your homework thoroughly and then enjoy your property and the delights of Croatia. It will be worth it!


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