Slovenia property investment is becoming more popular as an investment by growing number of overseas property investors seeking solid long term gains - Let's take a look at why it's becoming so popular.
In the next decade capital growth is forecast to be approximately 280% by respected UK TV program "A place in the Sun", they also rate Slovenia property in their top ten property destinations worldwide.
Let's consider the advantages of Slovenian property investment in greater detail.
1. Location
Slovenia is a compact but diverse country, around half the size of Switzerland or the size of Wales Slovenia has borders with: Hungary, Italy, Austria and Croatia.
Slovenia is at the crossroads of Europe, between the established economies of the west and the new emerging countries of the east.
2. Natural Beauty
It may only be a small country but it has areas of outstanding natural beauty including:
Snow capped mountains, thick alpine forests, vineyards, rolling hills and a slice of beautiful coastline on the Adriatic.
3. Economy
Slovenia is one of the newest countries of the European Economic Union (EEC) and this has resulted in investment from the EU itself, as well as individual investors and companies.
Membership of the EU has instilled confidence and this has fostered economic growth.
Slovenia now has the highest GDP of the new member states that have recently joined and the future prospects for the economy look bright.
With solid strong growth and higher disposable incomes, demand for quality housing is on the rise and this can be seen very clearly in the capital Ljubljana.
Ljubljana is a small city of just 250,000 inhabitants and has been likened to a smaller version of Prague, in terms of its appearance.
Land development laws are subject to strict and stringent planning conditions and prices are rising as a result. Many investors are making gains of 30% per annum in certain locations, as well as solid rental income from the buoyant buy-to-let market.
The capital represents where the vast majority of overseas investors have been buying Slovenian property - but there are many alternatives including:
2. Primorska
The town of Piran is town in the region that has attracted a lot of interest. Piran is a Venetian town with narrow cobbled streets, with a skyline dotted with church spires.
Its proximity to Italy, is seeing an influx of buyers and on a clear night the lights of Venice are visible in the distance.
3. Gorenjska
The Gorenjska Region stretches from the Hills of Ã…?kofja Loka, to the Slovenia's highest mountain peak at Triglav and is an area popular with the skiers. The towns of Kranj and Jezersko in the region are also popular property investment locations..
4. Lake Bled Bohinj.
These two lake side resorts are already popular with tourists and are both lakes are in areas that have breathtaking scenery.
As Slovenia spends more money on its tourism industry these areas look set to increase their number of visitors and property prices look set to increase.
5. Pohorje Mountains
Slovenia's largest ski resort is in the Pohorje Mountains which is the home to the famous Mariborsko Pohorje resort and skiing is a segment of the tourist industry that is set to grow in popularity.
6. Maribor
Nearby, is the city of Maribor which is Slovenia's second-largest and with its charm and access to many of the delights of Slovenia buyers are moving in
7. Kranjska Gora
Is located in Zgornjesavska one of the most beautiful of Slovenia's Alpine valleys with a backdrop of the Julian Alps.
8. The Soca Valley
This area is dominated by the Soca River from which the area derives its name. The Soca River with its turquoise color and crystal, clear water is one that enchants all who see it.
The area is one in which people come from all over the world to enjoy the great outdoors with a variety of sports catered for including: trout fishing, hiking, biking, riding white water rafting and para gliding.
Property in Slovenia.
As with any property market, location is the key and Slovenia property is no different.
You can get capital gains and income from your Slovenia property and which one you want to focus on will influence the area you choose and the property you purchase.
Buying a property in Slovenia is straightforward, finance options are available and there are many estate agents specializing in overseas buyers, to help you get the property that's just right for you.
Slovenia property looks to be a good long term investment in one of Europe's emerging markets. Slovenia is beautiful, the economy is growing and with the rise in the tourist trade the bull market in Slovenia property looks set to run for years to come.
