Investing in Istria

Istria is offering a very high return of the investment. While in the near by countries, for example in Austria, Slovenia and especially in Italy, a good return is considered the amount of 25% on the invested assets after the construction is finished, in Istria, the return is much higher.
The usual return of investment is at least 50% on the complete invested amount. Only the purchase of a land, without any investment and construction on it, it brings around 20% per a year. For the soon entrance of Croatia in the EU, it`s position, communication improvement, low-cost flights and infrastructure investment, but also a good marketing which have managed to present the region with all it`s values, astronomical prices of Italian properties and especially the ones in Tuscany, with which is sharing many similarities, Istria have become a highly desirable destination among investors.
While until few years ago the construction and investment in seaside apartments, where almost exclusive way of investing in Istria, today the situation have slowly but firmly changed, placing on first place old stone houses and new luxury stone villas. There are few reasons for this change. Although the coastal part of Istria is still very attractive, it's prices of the land have almost reached it`s maximum, therefore decreasing the final profit of the investors. Of course, owning a seaside apartment is always a valuable investment, which will hardly loose it`s value, but for the mentioned high price of the land and the new rigid law for construction in the coastal part, which inevitably led to the increase of apartment prices, which are now been sold more slowly, return of the investment from the apartment construction have decreased in the past few years.
One of the specificity of Istria as a peninsula is giving it a great advantage on the property market, and that is that even the most distant place in it's inland is on only 20 minute drive from the sea. Giving the possibility of a holiday in the peaceful inland and in the same time enjoying in the crystal clear sea. Luxury stone villas are highly demanded on the market. On the several latest property shows, it was shown a high level of interest for them, both for renting and buying it. It is highly profitable to invest in it. The prices of the land in inland are far lower than on the coast, while the price of the built, of course with smart choice of builders and architects, is not much different from the one of apartment built on the seaside and their selling price is quite high.
Further, the law regulations in the inland are indulgent, which speeds up the procedure of getting the construction permits and with that speeds up return of the investment.

There are not many high quality villas in Istria which makes their construction or restoration of old stone houses and their transformation in quality homes, a perfect investment move in next few years, brining to the investors a desirable profit by selling or renting it.

Villas Adriatic

:: Design and development Miracolina 2008.