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Post by balacleigh on Oct 22, 2004 17:59:41 GMT 1
Hello all,
What are property prices in Istria doing ? Is now a good time to buy ? Does anyone know ?
Many Thanks.
Balacleigh
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Post by Mirko on Oct 23, 2004 13:53:15 GMT 1
Propety prices are relatively high in Istria, and they will go even higher IMO. Yes it is a good time to buy now.
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Post by balacleigh on Nov 14, 2004 17:51:17 GMT 1
Thanks for the reply
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Post by stoneboy on Nov 24, 2004 10:49:54 GMT 1
Hi! If you want to buy some nice property on Croatian coast do it as soon as possible.As I bought my dream stonehouse on island Krk 4 years ago, Ican assure you that prices are doubled since then.
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Post by alsdoubles on Nov 24, 2004 22:36:10 GMT 1
Buy now....On the Adriatic coast. Because you could not give a property away with a free Rolls Royce. Seriously. But it wont always be that way.
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mel
Junior Member
Posts: 23
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Post by mel on Nov 25, 2004 17:19:13 GMT 1
:DPlenty of new apartments being built near the new marina site in Novigrad, I think the prices are about 2100 euros per square metre. I am sure this will be a good investment. We bought here 1 year ago. Mel
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Post by alsdoubles on Nov 25, 2004 22:45:23 GMT 1
:DPlenty of new apartments being built near the new marina site in Novigrad, I think the prices are about 2100 euros per square metre. I am sure this will be a good investment. We bought here 1 year ago. Mel Interesting. On what do you base this. Have you seen prices rise? Have you seen houses sold? Many houses, flats. Why Istria. Because it is 'nearer' to the EU? 2100 Euro psm......Prices like that are pure science fiction further down south. Houses I saw nearly a year ago are still for sale...Unsold. Loads of them. Dozens of them. Hundreds of them. I can still see properties within a stones throw for peanuts, in Sibenik, despite all the sci-fi you may see on the internet. (plus a lot of them a being pulled down. Illegal, on legal land). If you hype it up, will it change reality? I'm interested. Truly. Fortunately, possibly, I have bought in a very smart place in Sibenik. A place that is having millions of overseas money pumped in to it. In fact I know it. I can see the people working right now. Ther JCB's. The newspaper articles. But, you need a reality check,,,,my place is still NOT saleable to a Croat. And, due to the system, overseas buyers will run a mile. So, I repeat, on what do you base your statement?
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Post by Culchie on Dec 22, 2004 14:11:40 GMT 1
I take your point Als, but surely it is the same in every country ... some good areas, some bad areas
It's not possible to generalise that because some houses are on the market for years, that prices are not rising in other areas. The papers might not be 'clean' , impossible to know.
Look at some places around Manchester, Leeds .... you can still buy a house there for £10,000 ..... but would you? A mile away, a 3 bed semi could fetch £500,000
Whether one can make logic of the reason for property prices or not is irrelevant, if they are rising they are rising. "The going rate is the going rate" as I think Warren Buffet says about shares on the US Stock markets. ... whatever people are willing to pay, that is the market price.
Location, Location, Location.
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