Situated on the eastern shore of the Adriatic Sea, Split is the largest city of the Dalmatian region. A typical Mediterranean city, Split is a blend of tradition and modernity. The city has a thriving nightlife with several bars and restaurants and hosts many festivals and concerts to attract domestic and foreign tourists. Apart from being a popular tourist hub of Croatia, Split has emerged as a preferred real estate investment destination as it offers a wide range of old stone houses, luxury villas, and apartments to foreign investors from around the world.
The strategic location of Split makes it ideal for investing in Croatia property as on one hand it has beautiful beaches and lush green countryside and on the other hand, it is an intraregional transport hub with its own airport, railway station, motorway, and ferry terminal. Split also serves as a stop-off point for international cruise ships. Split is a lively Mediterranean town with an old-world charm where you can plan a holiday home or a retirement home and expect a good return on investment.
The exotic beachfront villas and charming old stone houses of Split are most sought after by foreign investors. The newly built apartments in Split are equipped with all modern comforts and amenities and are ideal for renting out as holiday homes. The warm Mediterranean climate of Split, its natural beauty and rich cultural history are some of the other reasons which make it an attractive destination for real estate investment. Investing in real estate in Split by foreign investors has improved the infrastructure of the city and has prompted the Croatian government to take several measures to boost the property market in the region.
Also Read: Best Food Blogs
Over the years Split has established itself as a viable destination to invest in a second home as you have a choice to buy affordable apartments in the city with modern comforts or invest in old stone houses and villas which offer plush living. The Split property market is expected to remain strong in the coming years due to the steady economic growth but limited inventory can escalate prices in a saturated market. The rental market for tourism is booming in Split and you can expect handsome returns by giving your property on rent here. Hire a competent lawyer who can explain to you the documentation involved in property purchase in Split and help you in the smooth transaction of the purchasing process. It is also recommended to engage the services of a reputed real estate broker who can show you a wide range of properties during your visit and guide you about the positive and negative aspects of the property you wish to purchase. Several websites showcase the properties available for sale in Split with high-resolution images, specifications, and pricing. As a foreign investor, you must explore the real state in Split extensively by visiting the city and shortlist the property of your choice.
The potential buyers of Croatia property must include Split in their wish list as there are numerous investment opportunities and real estate bargains waiting to be explored in this magnificent city.