One property view

[boris]

Building regulations in Croatia have led to a more stable property market in the country.

Paul Keppler, managing director of Croatiansun.com said that the strict restrictions on resort development in the Balkan state means there is "protection for the investor from [the] boom and bust cycle."

He added that the "stable and steady" market was attractive to long-term investors.

According to Mr Keppler no developments are permitted within 100 metres of the coastline and buildings are restricted to a maximum of three floors in certain areas. The density of any building projects is also restricted.

And, along with the stability of the property market, he said that Croatia was also attracting investors because of its increasing popularity with tourists.

Mr Keppler said that the country was probably now the leading tourist destination in the Mediterranean.

He added that near neighbour Montenegro was also emerging as a tourist destination.

According to the Croat bureau of statistics, 6.8 million tourists visited Croatia in the first nine months of 2007.

This article was brought to you by holidaylettings.co.uk, the UK's No.1 holiday home website.

[mambo]

Mr Keppler said that the country was probably now the leading tourist destination in the Mediterranean

And where does Mr Keppler get this 'knowledge'.............perhaps out of his thumb ?

Wishful thinking I would like to call these statements.

The density of any building projects is also restricted.

Yeah right !

Paul Keppler, managing director of Croatiansun.com said that the strict restrictions on resort development in the Balkan state means there is "protection for the investor from [the] boom and bust cycle."

??

Protection for the investor from the boom and bust cycle ?

In your dreams. The boom can turn into a bust in a heart beat. If Croatia screws up its long term planning on tourism (and that is what they are doing at the moment), let the prices go out of control, does nothing about the infrastructure etc then the tourists are out of this country before you can even say 'hello'.
Many countries have that experience and Croatia should go and ask them how it is to have a beautiful summer but no tourists.

I think Mr Keppler is basically speaking on behalf of his own interest.

[Carol]

he's right and your right. The bit linking the two is that building is restricted as described but a lot of people have ignored the law. Fancy a new floor on your house? Just pour the concrete and be assured that if you are croatian no one will ever knock it down.