Supply & Demand Croatia
Croatia
- Croatia Property Locations
- Destination Dubrovnik - Dubrovnik Property
- Destination Omis - Omis Real Estate
- Destination Kastel Novi - Real Estate Kaštel Novi
- Destination Split - Real Estate Split Old Town
- Destination Ciovo - Real Estate Ciovo
- Destination Primosten - Real Estate Primosten
- Destination Makarska – Real Estate Makarska
- Destination Trogir - Real Estate Trogir
- Veliko brdo
- At A Glance
- Why Invest in Property in Croatia
- Croatian Politics & Economics
- Supply & Demand Croatia
- Tourism in Croatia
- Croatia Real Estate Prices
- The Croatian Environment & Sustainability
- Where To Buy Property In Croatia
- Lifestyle in Croatia / Dalmatia
Tight planning controls, will continue to drive prices, as demand continues to outstrip supply as Croatia's popularity with real estate investors continues. Moreover, the Croatian property market is not suffering from an over supply scenario unlike many of the other so called property hotspots, namely Dubai, Bulgaria, Morocco, Cape Verde among others. This will quicken recovery in Croatia, post the 2008 / 2009 global economic crisis and moreover, help to continue to drive prices for the medium to long-term.
Currently there is a distinct lack of decent property for sale in Croatia. Moreover, demand for quality property in Croatia, is far out stripping supply. With high profile names like, Microsoft’s Paul Allen, owner of Chelsea football club Roman Abramovich, film stars John Malkovic & Tom Cruise to name a few, grabbing headlines as they buy property in Croatia, drives the perception among the wealthy middle classes that Croatia is a place to own property.
And importantly it is not just foreigners that are driving demand & property prices in Croatia, however. Incomes in Croatia have risen consistently over the last 10 years with the average wage around 750 Euro per month. This coupled with good, stable, economic growth and a thriving and growing middle class, domestic demand is on the rise as well. Furthermore, the availability and the uptake of mortgages in Croatia, is fuelling domestic demand and placing stronger upward pressure on prices.
And importantly it is not just foreigners that are driving demand & property prices in Croatia, however. Incomes in Croatia have risen consistently over the last 10 years with the average wage around 750 Euro per month. This coupled with good, stable, economic growth and a thriving and growing middle class, domestic demand is on the rise as well. Furthermore, the availability and the uptake of mortgages in Croatia, is fuelling domestic demand and placing stronger upward pressure on prices.
