Leebo
New Member
Posts: 1
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Post by Leebo on Jan 20, 2005 16:33:05 GMT 1
I want to buy a place in Croatia, preferably the islands but have a limited budget, therefore looking for VALUE FOR MONEY. Does anyone know which one of the main islands (or mainland coast) I should look in? Korcula looks promising though I'm not sure of local prices, and whether there is any reality of being able to get an old house, a bit of land, and a sea view for under €100k... and all this on a nice accessible island. I'm heading over soon to have a look so would be great to know where my time can be best spent looking.
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Post by Culchie on Jan 20, 2005 17:00:05 GMT 1
Hi Leebo,
If you are looking for something around that budget, and wish it to be an investment, it is important that you don't just follow the beaten track to all the properties that are advertised on the Agent websites.
Do some research on what areas are presently under-developed, will they improve over the next few years, will they become more readily accessible and hence capital appreciation will occur.
There are areas of Croatia already beginning to look and feel overdeveloped, Ciovo comes to mind for me, where it is just becoming a concrete jungle, and apartments being built all over the place, not a place to invest IMHO.
The Islands, whilst beautiful and idyllic..... are they practical? How accessible are they ? Are there areas presently remote, that planned infrastructure improvements will make them easier to access.
Airports, Ferry Ports, Trains, Planes and Automobiles .... can people/you get to and from your property with ease?
If you are not sure of local prices...... then find out !! I take it that €100K is a lot of money to you ..... do some research, buy some books, treat it as a project. It will probably take you 3 or 4 months if you do it right ..... and then when you do go to Croatia you are armed with information and knowledge to know what you are looking for, how much it should cost and the best area for you to buy in, based on your budget......and will it be a sound investment or not.
If you go over unprepared, you are a lamb to the slaughter .... or in the world of poker, you would be known as a 'fish'. Another Poker saying I love (I like poker as well as golf Graham) is At every table there is fish and sharks. After 5 minutes, if you can't work out who the fish is...... then it's you !
Don't be a fish !
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Ines
Junior Member
Posts: 10
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Post by Ines on Jan 20, 2005 23:06:31 GMT 1
Hi Leebo, Have you heard about Istria? It is the most accessible part of Croatia from Western Europe. Bordering Slovenia and close to the Italian city of Trieste, it's a huge triangle of green land that juts out into the Adriatic. Ryanair currently flights to Trieste, just hour and a half from it and Easyjet to Ljubljana, in Slovenia. Prices on the west coast have experienced steep rises in the last couple of years and there are increasing numbers of Western Europeans buying in the area. A one-bedroom flat averages at about £50,000. Istria offers great value for money providing you do some research first. Perhaps you can include Istria in your visit to Croatia. Good luck! Ines www.croatiaproperties.biz
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Post by angelaj on Jan 20, 2005 23:17:55 GMT 1
I like Brac - peaceful, quiet, but relatively close to Split, so doesn't feel completely cut off. Mmmm thinking about it - no it's awful, really boring, don't go there - I don't want it to get overcrowded and built up like Ciovo!
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Post by bheywood on Jan 21, 2005 12:08:24 GMT 1
I don't know about Istria, but €100,000 won't get you anything big in Dalmatia, but 1/2 bed flats, or stone houses needeing lots of TLC are well within your range.
Korcula is probably too expensive for this budget, ditto Hvar, unless you just want a small flat. Brac has lots of possibles if you're prepared to drive from Bol/Supetar; accessible usually means over-developed, or at least heading that way. It's striking the right balance that's the trick, and as Culchie says, this will require you to visit at least twice, take your time looking, and do LOTS of research.
My tips?
For affordability and accessability, try Brac or Solta if wet. For affordability and beauty (and a bit of extra effort), have a look at Vis and find something wonderful - like my wife and i did....
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Post by Culchie on Jan 21, 2005 13:59:57 GMT 1
If we are throwing tips about ... and based on your budget I suggest the Peljesac, Mali Ston region.
Presently quite isolated, but major infrastructural projects taking place.
Near to Dubrovnik, Makaraska, Access to the islands, Medjegore, Split 2.5 hours away at present but will dramatically reduce when the new road project has been completed.
The thing now Leebo, is you are going to be inundated with 'tips' from everyone.... so I'll go back to my original advice....It is your money, so do your research, and make your decision, then contact the agents, (and there are some good agents as well as bad ones) not the other way round.
It's fun doing the research, but it is critically important as well.
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Post by Embridge on Jan 26, 2005 12:52:23 GMT 1
The most important question to answer is "what do you want the property for?" You need to be careful about confusing investment potential with holiday property - they are not always the same thing. For a holiday property logistics is very important as is style etc but for investment over a long term other factors need to be considered. Good luck Jonathan www.embridge.co.uk
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Post by Mirko on Jan 26, 2005 15:36:48 GMT 1
Jonathan, on your website you spelled "Dalmatian" wrong! Perhaps change this if you want to sell some properties!
My Dalmatian dog will bite you for this mistake...
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Post by Embridge on Jan 26, 2005 15:44:32 GMT 1
Mirko Thank you for spotting that and I am glad that you saw my website. As you will have noticed I have no intention of selling any properties Jonathan
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tomB
New Member
Posts: 6
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Post by tomB on Jan 29, 2005 13:31:22 GMT 1
Hi there
Well having been to Croatia a few times my favourite destinations/ places i would buy would rank as follows :
1. Dubrovnik - beautiful place however may be too pricey. Does have a longer tourism period compared to the islands. WOuld rank as my favourite overseas city and I do plan to own a property there one day. 2. Brac - In particular Bol. Beautiful beach, cafes, restraunts and old town.Easy to get to from Split and Makarska. 3. Korcula - Shortage of accomodation during the summer months. Fantastic old town, very friendly people. 4. Vis - for similar reasons above.
As Dubrovnik is expensive (however prices will only increase further) I would recomend you buy in Korcula or Brac. I personally would avoid the mainland as places like Markarska seem more like a holiday theme park in the middle of summer. Too many people crammed on the beach, caravans selling hot food.. etc etc
Regards
Tom
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Post by irac on Feb 2, 2005 10:44:24 GMT 1
Hi Leebo! It seems that everyone is pointing south or north in Croatia, but the safest is always to stick in the middle. In or around Split, along the coast, is a good bet. The Sibenik Riviera is always good, further north to Zadar and there's a lot of industry and not such good value. And of course buying just back from the coast can be an option, though then the sea view requires a pair of good binoculars :-) Good luck, Alan http:www.hiberno-knin.com
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Post by antillo on Feb 9, 2005 0:41:33 GMT 1
hi. ive noticed that everyone is looking for a property thats on an island , where you can have some peace and quite . why isnt anyone looking for property on the mainland ? does anybody want to have croatian neighbours next door ? experience croatian mentality first hand? haha. anway. i moved here from australia in 1997. i think that if you are thinking of moving here , there is nothing wrong with living on the mainland. you will eventually get bored out of your brains on an island.even if it is all peacefull and beautiful there . maybe a little less on the mainland. and whatever you do ,you should look for a property that maybe one day you could expand so that you can rent out to tourists. you get the extra money and it breaks the boredom that will get to you after a while. but if you really want property on an island , i would go for vis. prices there are already too high but you still maybe able to find something reasonable there . vis is more and more popular with the worlds elite tourism. as is trogir on the mainland. if you are imply looking for a property investment than its a good idea to buy on an island. im pretty sure that the prices on vis are going to skyrocket. and vis has a fascinating history. ancient greeks settled on vis in 400 bc. and its archaeological remains make the island a mysterious and wonderful place for a holiday. and the island was closed off to the public for 50 years , until recently. so its pretty much unexpploited and pollution free. peljesac is also a nice place. i actually found a property on peljesac for 40,000 euros. but it was already sold when i called .i find the islands south of trogir to be the most interesting. vis. korcula. lastovo is also very interesting and hasnt really caught anyones attention yet but im sure it will. alot of the forest on lastovo was burned to the ground a few years ago but the forests that remain really give you idea of how beautiful the island must have looked before the fire. but its still beautiful there. isolated, full of history, and mystery. stone houses everywhere . beautiful little bays. the town of ubli, where the ferry arrives looks like a scene from a jurassic park movie. its beautiful . antonio_dspy@hotmail.com if you need to know something i will be happy to answer anybodys questions.
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Post by moraLJubav on Feb 9, 2005 1:42:23 GMT 1
hi. ive noticed that everyone is looking for a property thats on an island , where you can have some peace and quite . why isnt anyone looking for property on the mainland ? does anybody want to have croatian neighbours next door ? experience croatian mentality first hand? haha. anway. i moved here from australia in 1997. i think that if you are thinking of moving here , there is nothing wrong with living on the mainland. you will eventually get bored out of your brains on an island.even if it is all peacefull and beautiful there . maybe a little less on the mainland. and whatever you do ,you should look for a property that maybe one day you could expand so that you can rent out to tourists. you get the extra money and it breaks the boredom that will get to you after a while. but if you really want property on an island , i would go for vis. prices there are already too high but you still maybe able to find something reasonable there . vis is more and more popular with the worlds elite tourism. as is trogir on the mainland. if you are imply looking for a property investment than its a good idea to buy on an island. im pretty sure that the prices on vis are going to skyrocket. and vis has a fascinating history. ancient greeks settled on vis in 400 bc. and its archaeological remains make the island a mysterious and wonderful place for a holiday. and the island was closed off to the public for 50 years , until recently. so its pretty much unexpploited and pollution free. peljesac is also a nice place. i actually found a property on peljesac for 40,000 euros. but it was already sold when i called .i find the islands south of trogir to be the most interesting. vis. korcula. lastovo is also very interesting and hasnt really caught anyones attention yet but im sure it will. alot of the forest on lastovo was burned to the ground a few years ago but the forests that remain really give you idea of how beautiful the island must have looked before the fire. but its still beautiful there. isolated, full of history, and mystery. stone houses everywhere . beautiful little bays. the town of ubli, where the ferry arrives looks like a scene from a jurassic park movie. its beautiful . antonio_dspy@hotmail.com if you need to know something i will be happy to answer anybodys questions. Why would you be recommending anyone to live in Croatia after all you said in other posts about Croatia! This is quite funny, how you can recommend a place to live but than in the same breath talk about how horrible the conditions are Croatia....
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Post by moraLJubav on Feb 9, 2005 5:58:19 GMT 1
Some people are saying north some south. Some say in the middle Look if you like croatia, than anywhere you go you will be happy. I don't think that there has been one ugly place in croatia tjat I have seen. Some places are prettier than others. the coast, the interior, you might like the mountians more than the sea or vice versa. visit and you decide what you like best, listening to everyone brag about the area's that they live in are not going to help you. take a long vacation and have a look see!
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Post by valiant on Feb 9, 2005 19:26:41 GMT 1
hi moraljubav i dont know if you have noticed the difference but antillo is refering to croatias physical beauty in htis post , hes not refering to croatias mentality or beaurocracy as he has on other posts , this post is about realestate . i think croatia is a beautiful place to live if you have a nice stone house , away from neighbours , so that you never have to see them ,. or talk to them. and make money by renting out apartments to tourists., that would be ideal. i agree with antillo. he loves the beauty of this country but as hes said earlier...the people here, with thier jelousy and the corruption and beaurocracy in croatia ruin it.
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