September 27, 2022

With stunning islands aplenty and an economy showing tentative signs of recovery, it may be time to consider buying a property on Croatia`s Adriatic coast.

Croatia’s cove-laden coastline, historic harbours and more than a thousand Adriatic islands are well known among the global yachting fraternity. The region is less known as an international property destination, but a number of economic indicators bode well for greater visibility on the global market.

Dubrovnik – which once hosted the likes of Noel Coward, Richard Burton and Elizabeth Taylor – is reported by property portal Centar Nekretnina as the most expensive market in Croatia. Within its environs, for example, a five-bedroom high-end waterfront villa including a boat is priced at €3.4 million from Savills affiliate
There are plenty of properties for more modest budgets, be it a small coastal apartment or even an island ruin. “Restoration costs in Dubrovnik’s old town are upwards of €1,500 per sqm, while elsewhere this could range from 15 to 30 per cent lower,” explained Nataša Elaković at Savills Dream Croatia.

A word of warning about the purchase procedure, wherever the property: use a reputable agent and take independent legal advice.

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