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Slovenia
Real Estate – An
Overseas Property Investment For High Returns
Imagine
a landscape of snowy
alpine peaks,
rolling hills, beautiful coastline, valleys dotted with vineyards,
strong
flowing rivers and waterfalls – It could be Northern California
but its not, its one Europe’s
undiscovered investment destinations - Slovenia.
Slovenia
real estate is a great
overseas investment destination to seek capital gains in and investors
not only
from Europe but North America are buying in
increasing numbers. Slovenia
was
recently voted one of the top 10 investment countries in the world in
which to
buy real estate and forecast growth is expected to be up to 284% as an
average,
over the next 10 years.
Slovenia
real estate for sale is hot and savvy investors are snapping up
bargains and
seeking great long term capital gains as well as earning valuable
rental
income.
1. Location
It’s just to the east of the Trieste
region of Northern Italy
and a day trip from Venice.
It also has borders with Hungary,
Austria
and Croatia
and is located at the crossroads of Europe,
between the emerging former nations of the east and the established
economies
of the west.
It’s a small, compact country about half the size of Switzerland
and it’s got a booming
economy and this is increasing Slovenia
real estate values are on the move.
Why Are Slovenia
Real Estate Prices Rising in Value?
There are two main reasons:
The first is, the economy is expanding. Slovenia
joined the European Union
in 2004 and now has the highest growth rate of any of the new member
states
with GDP just touching 5%. Slovenia also recently adopted the euro as
its
currency and investment from other member states is rising, this
combined with
solid government economic policies has seen Slovenia achieve the
highest growth
of any new member state.
With
rising economic growth and disposable incomes comes a demand for
quality real
estate and demand is out stripping supply.
Tourism
This economic growth is seeing a rise in tourism and the government is
actively
promoting the country to overseas visitors.
With
the recent arrival of budget airlines and cheap flights, tourist
numbers are on
the rise and will continue to rise, for the foreseeable future.
There is a lack of quality real estate to buy and to rent in many of
the urban
areas and the capital Ljubljana
is a good example, where the lack of quality housing is seeing strong
rises in
real estate values. This also applies to many of the major holiday
resort areas
of the country, such as:
The Soca Valley Primoska, Bled, Bohinj and Kranska Gora – to
name just a few.
Forecast Growth
At present in many areas real estate prices are rising at a rate of up
to 30%
per annum and buying Slovenian real estate is seen as a solid, safe
long term
investment
Capital
gains or Income?
Of course, there are many other destinations to look at and they cater
for all
tastes and all budgets and you can go for straight capital growth,
rental
income or a mixture of both.
You can buy Slovenia real estate on beautiful
Adriatic coast, in the lively
historic towns, near alpine ski resorts such as the Julian Alps, by
lakes or
rivers, or buy a get
away from it all
retreat - in one of the many beautiful Alpine forests which cover large
swathes
of the country.
Slovenia
has a lot to offer in terms of natural beauty within its own borders,
but don’t
forget you’re close to nearby countries and their attractions
to and such great
towns as:
Prague,
Budapest
and Venice
are all within a
day trip.
Buying Is Straightforward
Buying is easy and straightforward and to complete a purchase will take
around
a month once you have found your property. The process is designed to
protect
both the buyer and the seller and
ownership
is transparent. Finance and mortgages are available
locally which means you raise
capital and secure on your property locally, rather than in your
country of
residence.
There are many Slovenian estate agents that cater for overseas buyers,
to help
them buy a property that suits their investment aims and their budget
and you
should seek out a regulated agent within Slovenia
to ensure a high standard
of service.
Risk to Reward
The risk to reward of buying Slovenian real estate is attractive for
the
following reasons:
-
The
real estate boom is in its infancy .
-
Property
IS undervalued in economic terms.
- Real
estate is affordable.
-
The
price outlook for the future looks solid in terms of
potential growth due to - Slovenia’s
stability, economic performance and expanding tourist industry.
Slovenia
real estate is a great long term investment, if you are considering an
investment
in overseas property, then take a look at Slovenia
real estate for sale – it
has a lot to offer.
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