Croatia: Real Estate Market Crisis Goes On

Published: December 30, 2013; 17:58 · (Vindobona)

After the collapse of the Croat real estate market in 2009/10, the price decrease still holds on.

Croatia: Real Estate Market Crisis Goes On / Picture: © Flickr

In contrast to the global situation, the Croat real estate market is far from a recovery. Although the price decrease has decelerated in the last quarters, the majority of the Croat properties are still overvalued.

In Croatia, the situation is ambiguous, though. While properties located at the Adriatic Coast are highly popular among foreign investors, properties in the interior…

This article includes a total of 211 words.

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