Croatia is not only close to an established popular market, it is right next door to one of the world’s most popular established markets: Italy. Also, when the other countries currently making names for themselves on the property investment scene began to expand in the early nineties, Croatia was held back by war. So, now it has some of the best value property considering its location, and some of the most impressive potential for big returns on investment.
With all these extra strengths it is easy to predict what effect Croatia’s ascension into the EU will have on the economy. Based on countries nearby like Estonia and Ukraine, where the already expanding markets took on pace anew in their development, it is therefore likely Croatia will do the same.
Croatia has a strong tourism market and good yields can be achieved on overseas property rentals. Capital Gains tax and rental income tax are both 20%. However, foreigners can only rent their property out through a company. Though it is likely these restrictions will be relaxed upon entry to the EU, the current laws are not a problem for investors who buy their Croatian investment property through David Stanley Redfern.
Buyers of Olive Island resort apartments and villas priced from £140,000 have the option of paying a little more to have the rental of their property managed by an experienced and professional company, which gives the added benefit of a guaranteed rental yield. These properties are in the mid-high price bracket because of their prime Adriatic coastal location and the sheer quality of the resort.
The Olive Island Resort has all the amenities necessary (and unnecessary)
Find out more about Croatia investment property at: http://www.davidstanleyredfern.com
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
