|
|
Post by drdowner on Jul 15, 2014 13:08:09 GMT 1
Just a quick question about the current price indicators - what is going on and why the reports are so negative about property prices in Croatia?
|
|
|
|
Post by Carol on Jul 15, 2014 19:03:51 GMT 1
because they are falling... well not so much falling as nothing sells unless the seller will take a haircut on the price.
The recession continues in Croatia. Locals won't/ can't buy. Foreigners got burned on buying overseas property in 2008. It wouldn't matter if it was Italy, France, Spain, Croatia, wherever... people suddenly found themselves not so charmed with their foreign holiday home. Some buyers remained but the vast numbers who previously bought have dwindled.
So its a buyer's market and buyers are spoiled for choice. If apartment A will not sell for a big discount, then apartment B is just as nice and it will sell for the lower price.
|
|
