See below the search results for Split real estate for sale – Split real estate market is experiencing strong demand from both foreign and local buyers, especially in the core centre of the city where investors are buying real estate for rental purposes. For many investors who bought properties in Split over the last few years, the returns both in terms of capital appreciation and rental return have been very good. Tourism statistics are rising year on year with a record breaking increase in the registered number of tourists in 2016 (Croatian Bureau of Statistics). Most importantly, the season is now 6 months long and the real estate owners in Split are very satisfied with their returns.
Spilt attracts a wide range of tourists, some come for a day trip, others for a weekend break or a summer holiday. No matter what they choose, Split never fails to impress with its laid-back, easy-going lifestyle, unique set of cultural treasures and beautiful surroundings. Split is home to the incredible UNESCO protected Diocletian’s Palace, one of the only Roman palaces in the world where people still live. Moreover, it is home to Marjan, a designated conservation area that is immediately to the west of the old town. The city is also the gateway to the islands of Solta, Brac, Hvar, Vis and Korcula.
Split real estate market is in short supply, especially in the center of the town. This is because of the scarcity of land for development. Moreover, much of the old town is protected and allowing for some renovation and extension (on a case by case basis), but very little in the way of new construction. With high demand and tight supply, the prices are rising. Split real sale market exists, but is still in its infancy. Many buyers have chosen to buy Split real estate for investment purposes and are now renting it and they are not interested to sell because the returns are good. The resale properties that do come on the market are often expensive, but in many cases justifiably so, due to the difficulties of buying a property in Split old town, getting permission to renovate it, doing the work and getting the necessary licenses for renting out. The bureaucracy involved can be considerable and it is not for the faint hearted; however, most of those who went through it all are content and think it was worth it.
As the core center becomes increasingly expensive, investors are looking to the areas that are around the immediate center (where they can get much better value for their money) and that are still close enough to the old town for potential guests to access the town’s facilities on foot. Moreover, the lack of parking space is one major downside of owning a property in the center of Split.
Be it general information that you are looking for or details about some specific Split property for sale, Split real estate prices, market trends or the best places to buy property in Split – we are here to help you find your perfect Split property.
See below the search results for Split real estate for sale – Split real estate market is experiencing strong demand from both foreign and local buyers, especially in the core centre of the city where investors are buying real estate for rental purposes. For many investors who bought properties in Split over the last few years, the returns both in terms of...