Revolut was launched in 2015, having in mind that people nowadays either people are too busy to manage and control their finances by going to the bank. Or they are not settled in one place, but having business or based in many different places.
Revolut is backed by some of Europe’s most well-known investors. They’ve invested in household names like Facebook, Dropbox and Skype.
The good news is that apart from other infrastructure, real estate and tourism development that Croatia has been showing. Now it is time to improve and revolutionise the Croatian banking experience with internet banking.
According to the listing of the best international real estate countries to look to, Croatia is on the top as shown the renowned magazine Forbes.
As the Brexit approaches, there is a predictable impact on the international real estate demand. Companies that are currently based in the United Kingdom might start migrating their offices and headquarters to other countries in Europe.
Also, there might be an impact on the local real estate prices, and investors are already predicting and aware of the consequences of this change.
Some Valuable Data Confirms The Prediction
Whilst London, Geneva, Paris and Monaco continue to command Europe’s highest property prices, other cities are emerging as increasingly popular with international real estate buyers, offering excellent investor returns. Our increasing popularity in emerging European markets is testament to the growing importance of international investors in these cities.Chris Dietz, Executive Vice President of LeadingRE
LeadingRE is a consortium of almost 600 international real estate brokerages in 70 different countries. They provided this data exclusively to Forbes magazine.
What is more impressive is that Croatia, in particular Zagreb, is ranked at the top of the list, showing an increase of 20% on prices. Also, a 30% increase of adverts on the main rental portals, such as Airbnb. And the estimative of 20% of the purchases being made by international real estate buyers.
Croatia is developing very fast and surprising investors. Tourism and infrastructure are sectors to be developed and that are already on the progress of evolving, currently being funded and developing.
However, lately Croatia has been paying attention also in its health tourism this year, the Croatian Medical Group had as a goal to get 3.8 billion to start increasing the health tourism in Croatia.
Miljenko Bura of the medical group expressed that “Because Croatia is full of natural resources and pure gives the country a huge potential for health tourism also.”
Talking about natural resources
Another surprise is that the country decided to turn their heads to renewable energy. In fact, it has not been for the first time. The nature that Croatia offers is not only beautiful for the sight, there is a lot of potential to be explored and used.
According to the Balkan Green Energy News, the company HEP (Hrvatska Elektroprivreda), dominant state owned company, on cooperation on the Orlec Trinket solar power plant project on the Cres island, built the largest solar power plant in Croatia.
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.
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.
When visiting Istria, you will experience the nature around the peninsula and be enchanted by the various stunning bays to visit. But if you are looking for a city atmosphere in Istria then you should visit Pula.
Pula, the jewel of Istria has been stage for big events and sceneries, one of the main cities of the Istrian peninsula is stunning and inviting.
Unifying the elegance of the Roman ruins, the Croatian weather and food surrounded by the Adriatic coast, making the destination a must go.
The italian influence make the city charming and romantic, one of the main attractions located in Pula is the Amphitheatre.
It hosts large scale artists and concerts and also is a perfect stage for premieres also, such as Mamma Mia 2.
How To Reach?
The access by car throughout the peninsula is fairly easy. However, in 2019, Airlines are generating new flights during the summer directly to the Istrian city. Departing from different countries, Switzerland and Netherlands.
The new connection Pula-Amsterdam will work twice a week, from June 25 to September 1, 2019. Pula-Geneva will also fly twice a week, from June 26 to August 31, 2019.
This is great news for tourists, investors and visitors that decide to reach the peninsula during the hottest days.
For most visitors that reach Istria by car, in special, the ones staying in one of the Candy Brick villas located in the region of Marčana.
The access from an stunning luscious property in Croatia, either from Krnica or Matelići to the city, is only 15 minutes drive.
For those who are not familiar with Virtuoso, it is nothing more nothing less than a huge network of the best luxury travel agencies, with more than 17,500 advisors worldwide.
Virtuoso releases a luxury european tour report every year, in which displays what the tourists seek when looking for a perfect holiday destination. The report for this year, shows that people are looking for pristine, unique and less-known destinations to visit.
In 2018, Croatia featured on the second place on list of top emerging destination, amongst Japan, Portugal, Cuba and Iceland.
If you think of Croatia, you instantly might think of the popular spots such as Dubrovnik, Hvar, Split and Rovinj. Although those regions are spectacular and have plenty to offer, the uniqueness and authenticity of destinations that are still not very explored and overcrowded are attracting the attention of tourists.
People coming from all parts of the world get impressed by the stunning and nearly untouched beauty of Croatia. This attributes surely bring people looking for a perfect holiday destination, in which case Croatia fulfills this requirement, but also impresses and attracts entrepreneurs and investments. Recently, around the 15th of October, The Croatian Employer’s Association organised a couple of meeting with the US delegation.
The delegation included outstanding guests
This delegation brought along Jeffory Blackard, who is the founder and Chief Executive Officer of Blackard Global, Inc. A company that is the first firm in the world to advocate for the creation of modern-day villages. Before developing moder-day villages, Blackard Global, Inc developed over two billion dollars worth of real estate of varying kinds.
Jeffory Blackard is responsible for the completion of over 30 Master Planned Communities and 15,000 single family home sites. With almost 40 years experience, during various developments, he had his first experience with the country of Croatia.
A huge loan designated to real estate Croatia is ahead, and coming from The World Bank Group.
For the ones who don’t know The World Bank Group, it is nothing more nothing less than the world’s largest sources of funding and knowledge for developing countries.
Their intention and commitment is to reduce poverty, increase shared prosperity, and promote sustainable development. And the Country now on their table is Croatia.
19.7 million euros on its way to Croatia
An incredible amount of 19.7 million euros to develop, ease and improve the Administration System Project.
The advance is clearly on the days of waiting at Land Registry Offices that decreased by 75% from 46 to 12 days, for mortgages and property transactions, and also on the Cadasters Offices, decreasing by around 33% from 30 to only 8 days.
But it has been coming this way since 2016
Long ago in November 2016, a system called Joint Information System was implemented, it is easy, completely accesible and modern, so people can register online with their personal details, instead of the going through the painful experience of having to go to a public office.
You will find that plenty of the real estate Croatia opportunities are located in the overcrowded cities. And, if you have done some initial research on real estate investment opportunities, you will most definitely have heard of Njuškalo, the main and most known portal in Croatia.
This month, Njuškalo held a conference in Zagreb which the subjects approached were tourism, being the main industry in the country, combined with real estate investing. Together they have created a market with huge potential and definitely worthy of investing in.
During the conference, Robert Pakrovac, from Estre, one of the top banks in Croatia, said “ We’re an open book on which other sectors such as tourism, and ultimately the retirement of people in Croatia, lean on”
It is common to find real estate prices in overcrowded areas higher than in other locations. Due to the simple fact that there is more demand for these real estates. This is because many of these areas are popular destinations for both tourists and first time buyers who are less knowledgeable on Croatia and the real estate market.
However, recently more and more tourist and first time buyers are looking away from these popular areas and are in search for authenticity, privacy and unique experiences. These can be found in the lesser known regions of Croatia.