NEWS: New property law

[Anja]

Croatian government is proposing a new law, which might become effective as soon as next week.
The law will ban all building activities 100m from the sea front and also be more strict about allowing any change of current properties or building in areas which are less then 1500m from the sea front.
The aim of this law is to protect natural resources and avoid
the areas around sea fronts to be covered by concrete.

[ChrisC]

Could you please keep us posted on this one Anja?

Thanks.

[ChrisC]

An update on this for anyone concerned about plots they may have already bought.. My Croatian lawyer has advised me that the new law will only apply to areas in which building permission has not already been granted. Anywhere where building permission is already granted and documented as such will be unaffected by the new law.

This is likely to help the value of plots of land close to the coast and within an exisiting building zone as it effectively restricts future supply.