News Feature
More investors 'turn to Croatia'
19 May 2008
The Balkan property market is growing and is set to follow that of the Baltic states, according to a source.
Recent interest in property in Croatia and the other Balkan countries has been seen, with the market showing signs of growth, reports Nubricks.com.
One aspect fuelling this demand may be the prospect of accession to the European Union, which according to Adam Samuel, director of the international property website, led to similar growth in countries like Latvia, Lithuania and Estonia.
"It would be foolish to suggest that membership of the EU is the be all and end all for these states, but it does open the door to massive financial assistance and new visitors to the region," he added.
Many tourists to Croatia are now opting for holiday homes rather than hotels, causing the summer rental market to boom.
It was recently reported that British tourists will get more for their money if they travel outside of the euro zone to countries like Croatia.
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Category: Tourism News/trends
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