Croatian property market deemed a success for investors by industry body
The Croatian property market has proven to be a big success for British property investors over the last two years as property prices continue to rise, according to new claims from an industry body.
Describing Croatia's property market as "solid", the Federation of Overseas Property Developers, Agents and Consultants (Fopdac) has said that the cheap properties of two years ago - when Britons were able to buy homes for less than £100,000 - have rocketed in value.
These rising property values represent the proof of Croatia's success, while the high quality of construction in the country has also helped to attract investors, the trade body said.
Arlette Adler, spokesperson for Fopdac, explained that the high proportion of German property investors in Croatia is reassuring because they are famous for their demand for high standards.
An increase in tourist numbers may also be having a positive effect on the property market. In April, Holiday Rentals revealed that Croatia is becoming an increasingly popular destination for weddings abroad, thanks to the beautiful scenery and cheap prices.
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