Recently Slovenia property was voted one of the top ten overseas property destinations in which to invest in and forecast growth is nearly 300% over the next ten years.
Here we will look at the advantages of Slovenia property investment. Many property investors have not heard of Slovenia yet, it is a small, dynamic and beautiful country located at the very heart of Europe, bordering Croatia, Austria, Hungary and Italy.
EU Membership and the Property Boom
As a recent member of the EU, Slovenia has already adopted the euro as its currency and has the highest GDP of any of the new member states. It is situated at the very centre of Europe between the old Eastern block and the West and has a well educated workforce as well as being strategically placed.
With EU membership, community funds and foreign investors have poured billions into the country and higher disposable incomes, has seen a higher demand for quality property.
This has resulted in supply exceeding demand and strong rises in values across most of the country.
30% + Growth per Annum
The capital Ljubljana has seen rental incomes and property prices soar and growth rates have exceeded 30% per annum in many districts. The property boom is not just in the capital but country wide. Skiing property in Slovenia has risen sharply in value and the popular resorts such as: Lake Bled and Bohinj have also seen strong rises. While higher disposable incomes are helping property prices rise, there is another reason behind the growth and that's tourism.
Property prices in the Ljubljana the capital have good long term growth prospects, as more people discover this delightful city which has been described as a less crowded and more intimate version of Prague. The second city of Maribor is also popular and the little known sea port of Piran, which lies just across the Adriatic from Venice, is a overseas buyers favourite.
For those wanting other outdoor pursuits other than skiing, Slovenia and popular places to buy include near the picturesque lakes of Bled and Bohinj and in the Soca valley. Whatever type of property you want, Slovenia can offer you a variety of real estate, from property in lively and historic towns, to get it away from it all retreats in unspoilt countryside.
