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Real estate

Real estate in Croatia in demand among Russians

The seascapes of Dalmatia and the forest-covered Istria peninsula attract many foreign investors to Croatia

Russians are increasingly active in the foreign real estate market every year. If earlier buying a home abroad seemed like a fantasy, now many of our compatriots understand that buying an apartment in Europe is often cheaper and safer than in Russia.

At the same time, Russians are becoming more discerning and demanding when choosing their second home abroad. If earlier the main criteria were proximity to the sea and low price, now Russian buyers are interested in the level of infrastructure development, transport accessibility, regular payments, transaction security guarantees and other important details. As a result, more and more Russians are turning their attention to the Croatian real estate market.

At that, our compatriots are not deterred by relatively high housing prices or certain difficulties associated with buying (a Russian, as a citizen of a non-EU country, must register a company in the country to buy real estate in Croatia), since the advantages of buying a home in Croatia significantly outweigh the disadvantages.

The Croatian housing market attracts buyers with developed infrastructure, high living standards, and of course, the beauty of the local nature. The seascapes of Dalmatia and the forest-covered Istria peninsula will hardly leave anyone indifferent. Important factors in favor of choosing Croatia as a destination for buying a second home are the stability of the local housing market.

Croatia initially took a different path from neighboring Bulgaria and Montenegro. While its neighbors followed the growing demand from foreigners and began mass construction of residential projects, Croatian authorities bet on the quality of buildings and infrastructure development. As a result, an oversupply in the Bulgarian and Montenegrin markets led to a crisis accompanied by price drops, while housing prices in Croatia remained almost unchanged.

The main destinations for buying a house or apartment in Croatia are the tourist-favored resorts of Istria and Dalmatia. The most queries for real estate purchases in Runet are for the main city of Southern Dalmatia – Dubrovnik, followed by Rovinj and Pula, located on the Istria peninsula.

In any case, regardless of location, buying a home in Croatia is not only a good decision for those who value quality rest, but also a reliable investment in the future, as experts predict a rise in prices for Croatian real estate in the near future.

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