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Post by Anna on Sept 11, 2006 19:24:39 GMT 1
One of the UK's leading estate agents, Winkworth, have been appointed to market new-build, luxury apartments in Novi Vinodolski. More details here. |
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Post by Ribaric on Sept 12, 2006 11:36:09 GMT 1
To attract investors, Winkworth are saying (among other things) this.....
Notes to Editors:
Why Croatia?
• Political stability with continuing economic growth
• Full accession to the European Union anticipated in 2009/10
• Steady 4%+ per annum increase in GDP over recent years*
• Acclaimed for its crystal clear waters, beautiful beaches, archipelago of 1,000 islands and Mediterranean climate, Croatia is now one of Europe’s most popular tourist locations with over 9,400,000 tourist visits made per year*
• The World Tourism Organisation predicts an annual tourist growth rate of 8.4% for Croatia, against a base growth of 3% for other Mediterranean countries**
Economic growth?
EU in 2009/10?
Beautiful beaches?
Mediterranean climate?
Isn't this stretching it a bit?
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Post by jackie chan on Sept 12, 2006 13:54:35 GMT 1
That's the real estate business for you.
There are some great beahces though.
In the south you could claim mediteranian climate.
EU by 2010? well that's what everyone else is saying also.
Couldn't comment on the economic growth, but there has to be some surely.
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Post by Ribaric on Sept 12, 2006 15:46:15 GMT 1
Great beaches - Maybe, but they are very scarce. I've not seen one on the mainland yet.
Med climate - Christmas in Marbella or Pafos would be nice but Dubrovnik is cold enough to empty (nearly) the Marinas for 3 months.
EU - I don't know really, I read 2014. I guess we'll never know until it happens.
Eco growth is OK but they don't mention the national debt which is at "foreclosure" status.
Please don't get me wrong Kajmak, I think Croatia is a great place to live but I also think it's wrong to paint it as an up-coming tiger economy. It lives by selling things like INA and soon PLIVA. Soon, the cupboard will be bare and the debt will need to be paid. How?
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Post by mrhappy on Sept 13, 2006 13:18:53 GMT 1
"Rijeka airport is only 20 minutes away" from Novi. That's a blatant lie, so presumably is much of the rest.
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Post by howmuch on Oct 16, 2006 18:19:54 GMT 1
They are selling units at between €5,000 and €6,000 a sqm. The location is miles from anywhere known to man. There is nothing to see nearby other than the new LNG pipeline terminal planned for Krk island. Who would buy this? The 7% yield looks attractive but it is only guaranteed for one year and I would imagine will drop to less than half at best when the management contract kicks in. Why not buy in the UK at 7% instead? Cannot really be expecting much capital gain when prices are already higher than porto banus and the most expensive apartment in the nearby town is probably 2,100/sqm.
Who do you think is going to buy this???
BTW, what hapenned to the guy who lived in a concrete bus shelter in Sibenik and used to dream about shooting cats and eating baked beans?
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Post by gmh on Oct 16, 2006 18:30:35 GMT 1
I believe he returned to England.
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