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Concrete Cutting: Shedding Light On Your Basement Remodel
Basements or cellars (depending on which part of the country you are from) are primarily seen as dark and dingy parts of a home. In most cases they are considered a useless area or are used as a "catch all" for family discards that haven't...
Flipping Houses for Profit: Start with the Right House
Many real estate investors enjoy "flipping houses," or buying and selling houses quickly for profit. Not all flips are fixers; however rehabbers make millions turning ugly houses into dollhouses. On the other hand, some inexperienced investors...
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You may be of the opinion that you don’t need a real estate agent and that using one will add to the cost of buying your new home.
The fact is that a real estate agent’s fees are typically paid by the seller of the home. So, as a buyer, you...
Owning vs. Renting
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Waterfront living is among the most desirable of locations in our area. The views and vistas are fantastic, not to mention the ability to walk out one's door to drop a line to fish or untie a line to enjoy boating. However, all this joy is not...
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Croatia: An Emerging European Real Estate Hotspot
Croatia is an Eastern European success story and a country quickly developing an incredibly exciting real estate market into which foreign investment is free flowing.
Since Croatia achieved independence from the former federal independent communist state of Yugoslavia in 1991 its democratically elected government has worked tirelessly to prove to its own people and the outside world that it is committed to creating an independent and successful country.
As a result, Croatia has joined the Partnership for Peace Program with NATO, the World Trade Organisation and the European Free Trade Association and is now on track for full European Union membership by 2007. All of these facts alone stand to prove the Croatian government’s commitment to creating a competitive country with a successful market economy, and all of these facts have resulted in many major multinational companies relocating European headquarters to competitive Croatia.
Now add to this positive data the fact that Croatia is a stunningly beautiful country with 6,000 km of unspoilt coastline, a Mediterranean climate, mountains, lakes, forests and wildlife in abundance and a rapidly developing tourism industry, and hopefully you can begin to smell the potential!
As a direct result of the foreign investment flowing into Croatia in both the business and tourism sectors the country is becoming more successful, more wealthy and more desirable as a place to live, work, invest and holiday.
It is because of this perfect combination of factors that Croatia is emerging as a European real estate hotspot with demand from holiday makers for
hotel and villa accommodation, demand from second home hunters looking for everything from apartments in the major towns and cities to rural retreats in the stunning Croatian countryside and demand from expatriates and international executives for houses and apartments to let.
A real estate investor looking for a secure emerging market with masses of potential for profit should consider Croatia.
For property developers there are substantial opportunities available in the tourism sector with demand for hotel accommodation outstripping supply currently. For those hoping to profit from maximum short term capital gains on real estate there’s the potential to purchase off plan properties and flip upon completion by reselling to the waiting holiday and second home market. Alternatively for those hoping to derive an income from their overseas real estate investments there’s the chance to let out units to the tourism market, the local market and also the expatriate market.
Croatia offers every real estate investor the potential they seek from their property investment.
About the Author: Rhiannon Williamson writes about real estate investment in emerging markets worldwide. To read more of her guides for property investment in Croatia click here: - http://www.amberlamb.com/index.php/property/croatia/
Source: www.isnare.com
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