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Post by solitum on Feb 10, 2011 2:50:41 GMT 1
If Croatians fail to understand that 3000 euro/m2 is way too much in a country which has basically nothing to offer, then the sellers can sit on their houses for at least another 10 - 20 years. In Istria the market is in a dead lock, nothing is moving anymore. Some houses have been on the market for 7 !!!!!!! years and still have not sold. When Land tax are implemented situation will change, prices will go down down down down  |
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Post by ray51 on Feb 10, 2011 6:59:53 GMT 1
Funny , you shoud say this/think so !?
Here in Bruxelles , La Capitale of the Disgusting EU , property taxes are trully Horrific e.g. starting first with some 16% on the sale/transfer price , then : easily 1200 Euro p.a. to own a 100 sq.m apartment , another 260- Euro p.a. odd , to "use" it ( la taxe de menage ) and so on and so on , not even to start upsetting me about the cost of energy , water ( gotta be : world's most insulting overcharge !? ) , elevator maintenance , compulsory buildings' insurance , legally-prescribed maintenance and security jobbies , waste disposal , cleaning ( nettoyage ) , casual maintenance , ludicruous parking fees and fines , municipal/police reservation costs for when you need a delivery or removal truck permitted outside the building , trees'-upkeep , and what else have you , ''nuff to make a grown man cry and many a widow pennylesss , in her advanced age....
Yet , with the ridiculous , previously seemigly : never-ending , growth/expansion of the EU , NATO and suchlikedangerous inventions , every nation known to mankind simply having to be over-represented here , with untold hordes of huuugely-overpaid pen-pushers and posers , offensively overdressed smooth-talkers and other conmen and -women , zillions of black Mercs , Beemers and Audis and Porsches and Jags and Range Rovers ( all with diplomatic plates = meaning : no taxes , nor fines , applicable ! ) the market was progressing very "nicely" , indeed ( for some , i.e. the Belgian owners , usually ) for many and many a year !
Now , all of a sudden , I notice dozens and dozens of interesting apartments and ( previously : super-rare ) garages , in some of the best locations and highly-prized streets/addresses , advertised for sale and/or rent , for many months on end ;
some have come down in prices accepted i.e. a nice corner 2-bedder around the lovely block from where I still , happily , reside and facing our lovely green park , full of screeching parakeets , blackbirds , thieving magpies , attractive thin , leggy females walking Jack Russels , German Shepherds , cockers , Golden Retrievers , engl sheepdogs , pugs , Schnauzers and other canines , was lengthily on offer since last summer at 900 p.m. negotiable , now it's finally taken , at 700 p.m. , N.B. plus : incl.some charges , it's own lock-up spacious garage-box , biiig dry own lock-up cellar , and cable-TV included ...
Signs of ( better ) things to come , yet ?
We live in hope...n'est ce pas ?
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Post by ivetron on Feb 16, 2011 23:31:23 GMT 1
I'm getting the impression that if there was a time to buy on the coast, now is as good as time as any? Prices down all over and some offers of 20% below list being accepted is a good sign. Any other thoughts from those in the coastal real estate market? Thanks.
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Post by keepsmiling on Feb 17, 2011 10:20:56 GMT 1
I'm getting the impression that if there was a time to buy on the coast, now is as good as time as any? Prices down all over and some offers of 20% below list being accepted is a good sign. Any other thoughts from those in the coastal real estate market? Thanks. Agree. I know someone who has sold his property for 25% down on asking price. I think you shouldn't be put off by the asking price if you seriously want the property, but be prepared to haggle. |
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Post by gwen on Feb 17, 2011 10:31:28 GMT 1
I see people on coast near the sea with good view are getting close to their price and are waiting. People away from sea are dropping prices.
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Post by Madgolfer on Feb 18, 2011 17:45:33 GMT 1
The Govts mortgage guarantee scheme may help to push down prices:
From Croatian times.
"Only newly-built apartments costing less than 1,900 Euros per square meter would qualify for the new, lower-rate loans. It is expected that at least 1,000 apartments will be sold under the new model, although the repercussions could be even greater, with property prices dropping and with them, the interest on regular mortgage loans"
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Post by crojoe on Feb 18, 2011 19:17:52 GMT 1
The Govts mortgage guarantee scheme may help to push down prices: From Croatian times. "Only newly-built apartments costing less than 1,900 Euros per square meter would qualify for the new, lower-rate loans. It is expected that at least 1,000 apartments will be sold under the new model, although the repercussions could be even greater, with property prices dropping and with them, the interest on regular mortgage loans"What does it all mean? Are loans still being handed out to Croatians looking at houses or just apartments? Been eyeing a castle on the outskirts of Zagreb for the last 5 years, and as soon as my citizenship comes through (so far I know how to ask for coffee in Croatian) I want to go get a fat loan. Why pay rent to some dude when I can pay it to the bank for the next 25 years. |
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Post by BrankoL on Feb 26, 2011 12:59:46 GMT 1
In Dubrovnik prime area they are down to 3.140 euros per sq. meter. Still too much IMO!
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