- Low Property Prices - 1 beds from 30,000 Euros, 22,000 Pounds, NZ$56,000
- Mortgages for Foreign Buyers up to 70% - 80% LTV
- The Final Frontier of the Adriatic Region
- Solid expected rental returns (6%+ est.) and strong local market
- Exceptional Capital Growth Forecasts
- Booming Economy and join ing NATO in April 2008 and aim to join the EU in 2014
- No restrictions for foreigners to buy
- Low Capital Gains Tax - 10% from Jan 2008
- Very Low Buying, Running and Selling Costs
- Currency is stable and strong
- Democratic and stable government
- Wage growth approx 10% pa
- The population is increasing – especially working age
- High levels of education - Literacy Rate is 93%
- Relaxed Lifestyle and Culture
- Growing consumerism and mortgages for locals
- Beautiful scenery: mountain ranges, idyllic beaches
- Booming tourism – expected 5.6% growth pa until 2017
- FDI investment for 2005 was US$273 million
- By 2009, the Ministry of Economy and Finance is forecasting exports to rise to US$1.2bn or 10% of GDP
Fiona, Independent Property Consultant, Fresh Property Co
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