Schengen is, in fact, named after a village situated in Luxembourg, a small country surrounded entirely by Belgium, France and Germany. In 1985, the cooperation of governments directed to the signing of an agreement, in this agreement it was fixed a gradual abolition on checks and control on the border, easing the free movement of the european working population, that needs entering and exiting those borders.
In 1990, there was the implementation of this agreement, it started with 7 EU States in 1995 and now, is implemented as part of the body of rules governing the European Union.
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.
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.
Davis Cup – originally known as International Lawn Tennis Challenge Trophy -, is the main and biggest international tennis tournament in the sports scene. It attracts tennis players from all over the globe, giving them the unique opportunity to represent and play for their homeland.
How did the tournament start?
With Davis Dwight, born in 1879, as well as serving as Secretary of War was also an incredible athlete. In 1899, Davis, in partnership with others, proposed the idea of an international tennis competition.
In 1900, he then bought a trophy dedicated to the winner of the first contest, the international championship was then founded. The first contest worth the trophy was a match between USA and British Isles, that took place in the Longwood Cricket Club in Boston.
One of the best investments one could do is property investing, but it can also be very difficult decision requiring research on the area the property is located and on the property itself, apart from a lot of budgeting or financing for most people. For that reason, It can be really a decision for life if that is the case as if you decide to finance you will have a couple of year of mortgage awaiting for you.
How then to make the most of your money and depending on the area even an income?
To make an income it is important to decide on a property that is located in a very attractive area or country. This way you guarantee there will be away interest from tourists to stay in your house if you decide to rent it. That is the core of buying an investment property as well as in an area. Buying an investment property has to both ways, for the investor and for the guests.
To make this comparison simpler we selected a few countries and the prices for a house in comparison to Croatia. So, here is a brief list of properties in Europe. There are requirements you can stick to when looking for an investment property abroad, on the list below the requirements were either price or number of rooms.
Croatia country has become a popular holiday destination in Europe. The climate, gastronomy and landscapes attract more and more visitors each year and for that, developments are necessary to keep this figure increasing.
Gari Cappelli, the minister of Tourism of the Republic of Croatia since October 2016, said: “ The achieved results of tourist traffic during the extended weekend mark the beggining of a good tourist year in Croatia. This year, we expect a billion euros of investment in tourism, through which, realisation, in addintion to the increase of traffic, will enable us to continue with the revenue growth that we generate from tourism, which is extremely important for the further developments of destinations”
If you plan to buy a property for sale in Croatia, you might be wondering about the numbers, how much capital you have to invest, what are going to be the costs and the maintenance and finally, your return of investment.
Surely those numbers are really important, but you should also consider a property for sale in Croatia as a home you could live in. During the building stage of your home, you look for high quality materials, best performance and the effect they will have on your pocket.
Croatia is know as a sunny and warm country, but what many people don’t know is that, during the winter the temperatures can go as low as -5 degrees on January, and as high as 38 degrees on the peak of summer in July.
The temperature variation is a very important factor that you have to consider when buying a property for sale in Croatia.
That is why it is fundamental to check if the property has good appliances but mostly importantly, good thermal insulation that is be able to maintain the heat and the cooling in the house. Like this, you will have to turn those appliances on less often, reducing the bills and increasing the life expectancy of those equipments.
Why to struggle? Pay by phone parking is now available making everyone’s life easier. Most tourists come to Croatia by car not plane. When arriving to Croatia, they want to enjoy their holidays by seeing the most beautiful sceneries and trying the most delicious Croatian food, and this applies to everyone.
If you are not a local or during the high season, it can be quite challenging to find an available and free parking spot. To be completely free to enjoy your time in Croatia you might want to go through a small process before relaxing completely.
China has a long term history with Croatia, 700 years to be more precise, but recently a smart investment from China opened the doors to Croatia. The potential that the country has for investing is for sure very attractive
Another aspect that raises interest from China in Croatia is its tourism, not only to invest in the industry but also to facilitate the arrivals of Chinese tourists to the country.