23.01
2019

Discover Istra: The Best Location For Your Investment Property

The region of Istra is situated on the west part of the Republic of Croatia. It is the largest peninsula of the Adriatic Sea.

A strategic geographic position makes Istra the most attractive part of Croatia.

The climate of the Istrian peninsula is a typical Mediterranean climate; dry and very warm summers, with the average number of some 2.400 sunny hours a year. Winters are mild and pleasant.

Video by Croatia Full of Life and Visit Istria

The sea temperature reaches its lowest in March, around 11°C, and its highest in August with 24°C.

Istra is generally the richest region in Croatia; in terms of finance, stability, tourism and  international business activity.

Distances And Neighbouring Countries

The Region of Istria covers the surface of 2.820 square kilometres. From the north part of the peninsula to the southeast peak there is a distance of around 100 km2.

If we measure the distance from west coast to south coast it would be around 50 km on the longest line.

Istria has a strategic position within Europe and benefits from the vicinity of Slovenia and Italy, the neighbouring countries. Large tourist markets, Germany and Austria, are also very near and within a car reach.

Flag of Slovenia
Flag of Slovenia
Flag of Italy
Flag of Italy
Flag of Austria
Flag of Germany

Transport

There are few ways to reach Istra; by car/bus, by plane or by boat. The Istrian motorway system has two main branches that form a “Y” letter shape.

Overview of Istrian Y Toll Motorway
Overview of Istrian Y Toll Motorway

The east line of the motorway connects Pula with Rijeka and the west line connects Pula with the Slovenian border.

Although it is fastest to travel on the motorway, scenic roads run along the eastern and western coasts, making them perfect choice for bikers and cabrio lovers.

The main airport in Istria is the Pula International Airport, and it is located just 2 km from the motorway and 7 km from the ancient city center.

Pula Amphitheatre, Istra
Pula Amphitheatre, Istra

Pula airport is connected with around 60 destinations with direct flights, hosting around 700.000 guests each year.

Most of the flight lines are seasonal. And within a 300 km range we have other 5 internationl airports: Rijeka, Trieste, Zagreb, Ljubljana and Venice.

The most important fast boat line is the one connecting Venice with Pula, Rovinj, Porec and Umag. The other standard line is connecting Pula and Zadar, with stops on Kvarner islands.

Sail boat on sunset
Sail boat on sunset
21.01
2019
Real Estate in Croatia

Real Estate Price in Croatia Is On The Rise

Know Where To Invest

Real Estate in Croatia
Real Estate in Croatia

Real estate price in Croatia is constantly rising, the number put Croatia on the third place of the property price risers of the European Union. In the third quarter of 2018, Croatia came after Netherlands and Malta, with 2.8%.

The avarage of price rise in the European territory was of 1.5%, with some of the most famous holiday destination countries dropping by 0.8% in Italy and and 0.7% in Romania.

However, investors from all the globe are focusing more and more on purchasing or investing in a real estate in Croatia, due to the benefits the country now presents and keeps proving in numbers the potential it has and will have in the future.

10.01
2019
Croatia's economic growth

Croatia’s Economic Growth Is Positive

Croatia’s economic growth is very positive, with the rise of investments and developments taking place. The country is becoming more and more attractive.

Due to this fact, the The World Bank, which is formed by five institutions working for sustainable solutions to reduce poverty and build shared prosperity in developing countries, has positive perspectives about Croatia’s economic growth this year.

Croatia's economic growth

Croatia Economy

The prediction of this year is, an increase of 2,8% Croatia’s economic growth, according to what The World Bank has revealed this Tuesday.

“The World Bank projects that Croatia’s economic growth in 2018 was 2.7%, revising upwards the projection from last June by 0.1 percentage points, while upholding the growth projection for 2020 at 2.8%. The projection shows that in 2021, the growth is to slow down to 2.6%.”

26.12
2018
Image by Goran Mratinović

Dubrovnik to the limit

Dubrovnik is a stunning destination, without any doubts, it attracts on a typical day, the average amount of eight cruise ships. Having in mind, that each ship brings around 2500 tourists, overcrowding the streets of the charming UNESCO heritage, the incredible total of 20,000 visiting this town every day.

 

Dubrovnik is really having it

 

A population density taken in 200, shows that the number of inhabitants in Dubrovnik is 43,770 people in a total area of 143,35 km². However, considering that the tourists concentrate in the urban area, which in Dubrovnik is of only 21,35 km², that is nearly 1000 tourists per km², plus the locals which adds more to this number, everyday on an average day.

 

 

Image by Goran Mratinović
Image by Goran Mratinović

 

 

There are testimonials of locals that saw around 12-14 ships arriving o Dubrovnik in a day. Bringing 30,000 tourists in a day, increasing the number of people per km² by 50%.

 

The trend is changing

 

According to Virtuoso, which releases a luxury european tour report every year, shows that high spending tourists are not attracted and don’t enjoy overcrowded areas. In other words, overcrowdedness kills, most of the times, the landscape and experience that a person will have during their holiday.

 

20.12
2018
Luxury Real Estate Croatia

The Real Estate of Luxury

Real estate investing varies from country to country. Investors looking for the best return on investment, but also to invest on a property that they can take advantage of this investment, in a country that they can enjoy it.

The luxury real estate is taking over the industry in Croatia, starting from the hospitality industry, that saw the potential of the luxury stays, throughout the stunning Croatian coast line combined with an extremely rich culture and gastronomy.

Together with it, a wave of investments developing the infrastructure, is making the country even more attractive not only for hospitality but for luxury real estate investing.

 

Luxury Real Estate Croatia
Luxury Real Estate Croatia

 

Sotheby’s International Realty

 

According to the director of Sotheby’s International Realty Croatia, director Marko Pazanin, there is an increase of 25% in Luxury listings Clients are mostly German, Austrian, Czech and Slovakian nationals, followed by clients from Scandinavian countries and England,”.

This increase, has a lot to do with the country itself, and also the advantages and high return on investment that Croatia presents to investors worldwide.

27.08
2018

Best Villas In Croatia, How Are They Built?

To build the best villas in Croatia you need to use the best materials available on the market. 

At Candy Brick, we are very aware of this and in this article we will explain and show you the quality required for the construction of a Candy Brick villa.

Expertise

First, to build the best villas in Croatia you need experts that know how to use the materials given in the right way. 

The project manager has a really important role, responsible for selecting the right suppliers that will provide high quality materials for the construction.

At Candy Brick, we have Dušan Ivković an organised and committed project manager with 16 year experience in projecting and building houses.

Being a local Istrian, he has a wide network and knows who are the best suppliers for each material.

Second, you need workers that will handle the high quality materials with care, giving them the right treatment and using the correct techniques when installing them.

Zdravko Đokić and his team have built over 300 houses and understand every step is important to achieve an excellent result.

11.07
2018

Your villa in Croatia: June report 2018

Why is the choice of the terrain important for your villa in Croatia?

The location and ground dictates how the architecture and the project of your villa in Croatia will take shape. Your project can suffer if the choice of the terrain is poor, affecting the project’s plan and vision.

 

Location and terrain

The region of Marcana in Istria is constantly increasing in tourism, which is extremely beneficial for your rental income.

Some of terrains on which Candy Brick villas are being built, have a very interesting and favourable anatomy for the construction of a modern and unique villa in Croatia.

Candy Brick construction keeps showing great progress, and in only a month. As a result, each house is visibly progressed and the structure of three villas is near to be finished.

 

Materials

For your villa in Croatia choose Candy Brick who uses right materials. 

When you invest in a property, maybe the first thought is financial return generated by an income.

But what might not come to your mind straight away, and is also extremely important, is the quality of materials that will ensure durability.

As a result of this durability, when deciding to monetise your villa in Croatia, your property will still be in exceptional conditions. 

The materials also impact the performance of your property.

For example, if the works are done with poor quality materials, the heating systems will be affected making them not as efficient as they should be, resulting in more consumption.

Candy Brick not only builds high quality structure, but also implements high performance, low consumption and sustainable heating systems.

 

For that reason trucks arrive constantly in Matelici, filled with wood, insulation, tiles and concrete of the best quality for your villa in Croatia. 

 

Wood

Croatia has a variety of wood eating insects that could damage your foundations, and that is why Candy Brick takes all the precautions, focusing on high quality and long term durability.

Every wood used on your villa in Croatia, is treated with special products against insects. Those products must be applied using high pressured air, making sure it covers and penetrates every wood vein and wholes.

 

 

Concrete

The ground concrete slab of all properties in Matelici are completed. You can find more information about the concrete and how the weather can affect it on the link below.

Weather conditions can influence your property

 

The very first property you see when entering the terrain in Matelici, is property number 1

First of all, the anatomy of the first house is divided by 2 floors, ground and first. 

Due to the terrain, the ground floor is divided by two levels. Lower, having the living room and kitchen and the upper having 2 bedrooms with bathrooms and storage room.

The walls for the lower ground floor and upper are completed. Windows and wholes are placed and, the next step is reinforcing the frames and passages with concrete slabs.

Floor

The floor can receives two different types of insulation:

  • Hydro (bitumenized paper) prevents the passage of steam from the ground.
  • Thermal, stops the water to pass and reach the concrete slab and allows any steam to evaporate, this kind of insulation also prevents noise propagation.
  • Around the floor by the walls, 1cm of stiropor prevents contact between tiles and walls, this is called floating floors.

As a result the more layers of insulation materials the floor receives, the less it propagates the noise.

 

Heat energy is lost from buildings through their roofs, windows, walls, floors and through gaps, if the insulation is not made properly.

Having heating systems, is not enough if the insulation is done wrong.

Candy Brick foundations for the chimney on the second and first house are in place. Next step is building the first floor concrete slab and progress with the construction of the master bedroom.

 

Property number 2

The anatomy of the second house is similar to the previous one (lower and upper) with the similar characteristics of the first one.

Construction is progressing to the first floor leading to the top concrete slab where the master bedroom is. The master bedroom of your Candy Brick villa has a really spacious L shape terrace.

 

Last but definitely not least, there is house number 3

The anatomy of this property is a little particular, consequently, this property has 5 different roof levels. The three concrete slabs are completed and the roofing process already started on the lower roof.

 

 

 

Candy Brick is already making the next steps and contacting water and electricity companies, in order to move forward from the structure, to the next stage of the villas construction. 

 

 

 

Candy Brick is already making the next steps and contacting water and electricity companies, in order to move forward from the structure, to the next stage of the villas construction. 

29.05
2018

Weather conditions can influence your investment property in Croatia 

Delay due to weather conditions?

There might be a delay on the construction of your investment property in Croatia if the weather is not ideal, making the building site location crucial to achieve great long term quality results and to know how the effect or delays are going to affect your construction.

Luckily, Candy Brick chose to base its investment properties in Croatia. The region is blessed with great weather specially during the high summer season when temperatures can reach the maximum average of 28 degrees.

 

But why is the weather important for the construction of your investment property in Croatia? 

Weather can affects different aspects of the construction, not only the rainy days can affect the result and deadline of the construction but the overall environment can change reactions on the materials used, let’s say for example…concrete.

Concrete is a mixture of sand and gravel or crushed stone; the paste is water and cement. Mixtures do not set below a certain temperature, and therefore all work involving the drying of cement cannot proceed below a certain temperature.

 

In Matelici the process is reversed as the mixture dries out quickly due to weather temperatures, the concrete has to be wetted, in order to achieve its requirements and conditions to settle and harden properly.

Adding water to the cement starts a chemical reaction called hydration. The cement and water are transformed into beneficial calcium silicate hydrate compounds.

These compounds are the glue that hold the aggregates together, creating the hard material we know as concrete.

This process is called curing which is simply the process of keeping the hardened concrete moist so that it can continue to gain strength and as the concrete gets stronger and denser, its porosity decreases.

Zdravko Đokić laying the concrete of Candy Brick villa 3 in Matelici.

Cold weather vs warm weather

Are the conditions in Istria favourable for construction?

The materials behave differently on the cold weather and the heat. By anticipating the affects that low or high temperatures have on your business, you can adjust your scheduling and building methods accordingly.

In doing so, you can minimise the impact on efficiency and ensure that your projects are completed on schedule.

Cold weather brings humidity and difficulty for the materials to harden and settle. For companies in the construction industry, cold weather means higher costs.

And for Candy Brick? What are the conditions?

In Istria as shown above on the graphs the temperature is stable and high over the summer months. There are other few requirements that our project manager, constructor and workers make sure to follow, for example…the brick.

Soaking the bricks with water follows the same concept as the concrete, noting that the brick must be soaked and not wet as the concrete, that step is crucial to guarantee that the mortar settles perfectly in-between the bricks keeping the structure safe, strong and robust.

– The bricks must be moist and soaked to receive the mortar in warm conditions. To settle the mortar between the bricks in cold conditions the temperature must not go below zero, but in Matelici the chances for this conditions are also below zero.

– The Wood used in the villas in Matelici are stored in dry conditions and protected against any insects that could be possibly damage the wood in the reliable material providers. In this case because the weather in Istria is on construction’s favour the storage then becomes the most important detail.

The wood eating insects can be divided into four categories:

– carpenter ants,

– termites,

– bark beetles and woodborers

– powderpost beetles.

Once the wood is installed a product that repeals and protect the wood from those insects is applied making the wooden roof safe for many years avoiding leakage and damages so that no costly repairs are necessary.

– The Metal also requires special storage avoiding damage and rustiness. There are two types of metal used in the construction to support the are called Armaturne mreže, that are the canvas for the fundamentals.

Candy Brick Project Manager and Engineer also make sure that the concrete is not made with sea sand. Dusan Ivkovic informs that sea sand affects the metal, eating away the iron and releasing the salt afterwards which can affect the superficial wall layers and paint in the future.

From Materials to Numbers

The weather conditions and financial situation are favourable for Candy Brick to start its constructions in Istria.

Between December 2017 and January 2018, there was a growth in the volume of construction works of 6.8% annually.

Analysts from the Croatian Chamber of Commerce say that this represents the highest growth recorded since back in December 2016. France Spain and Great Britain are experiencing stagnation.

“The Croatian construction sector has been followed the global financial crises. From the aspect of production and revenue, construction has been almost halved over the past several years.

Concerning the current situation and actual trends (series of infrastructure projects were launched: bridges, roads, highways), construction sector has recently recovered. It is facing a turning point with new potential for smart and sustainable growth.

According to financial results for 2016 and 2017 the construction sector is recovering from the recession and shrinking markets.The sector is expected to improve, supported by a general recovery in the economy”

Odsjek za graditeljstvo i komunalno gospodarstvo – Construction and Utility Services Depart

Considering all of those factors:

– Location;

– Weather conditions that allows the constructors to build a high quality and safe property;

– Construction sector situation;

Candy Brick is building reliable quality investment properties, generating high rental income for investors and €30,000 rental guarantee.

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