Slovenia is a country that many people are unaware of as a property investment destination however this is all about to change, as Slovenia has recently voted one of the top 10 places in the world to buy investment property and buying houses in Slovenia is "hot" and becoming more popualr with overseas property investors. The reasons for buying a house in Slovenia for investment or pleasure are compelling and in this article we look at the advantages of buying a Slovenia Home.
With estimated growth of nearly 300% forecast for Slovenia over the next 10 years, Slovenia offers affordable property, with good long term capital growth potential.
Facts
Slovenia is only a small country (around half the size of Switzerland) but offers beautiful natural attractions, as well as lively cosmopolitan towns.
A former state of Yugoslavia it obtained independence in 1991 and joined the European Economic Union in 2004 and has recently adopted the Euro as its currency.
Location
The country has borders with Austria, Italy, Croatia and Hungary and has good transport links within its rorders and to other countries, with cheap and frequent flights, so reaching your Slovenia house is easy.
Economy
Slovenia has a robust economy and has the strongest growth of any of the new EU member states.
Economic growth is currently running at around 5% per annum. It is this economic growth that is fuelling the property boom and a good place to start is, to look at the capital Ljubljana
Ljubljana
A limited supply of housing and strict planning regulations, are the main factors behind the growth in property prices. Ljubljana is an appealing city to live in and has been compared to a smaller Prague. The city features medieval buildings combined with beautiful baroque architecture.
The population of Ljubljana is around 280,000, the city is compact, vibrant with a high proportion of the population being under 30. Not only can buying a Slovenia house here have the potential to make solid long term capital gains of 20 - 30% per annum, the rental market is also strong for extra income.
Other Destinations
Primorska is another popular town located on the Adriatic coast. This Venetian town with its cobbled streets and beautiful church spires is affordable and has become very popular with new Slovenia home buyers.
Slovenia's largest ski resort is in the Pohorje Mountains and home to the popular Mariborsko Pohorje ski resort. Nearby, the city of Maribor is Slovenia's second city and a popular place to buy Slovenia investment property.
Of course there is much more to Slovenia than the capital and you have a variety of choices to suit all budgets.
For skiing there are the stunning Mountains of The Julian Alps and for white water rafting the Turquoise rapids of the Soca River. 50 % of the country is forest and there numerous lush Green Valleys and rolling hills for that perfect get away from it all retreat.
Slovenia is close to the attractions in neighboring countries and For general sightseeing Your Slovenia home can put you close to such places as Venice, Vienna, Budapest and Croatia which are all only a few hours away.
The buying process for Slovenia property is relatively straightforward and there are many estate agents dealing with overseas buyers and they will help you get the Slovenia home to match your budget.
Consider buying a house in Slovenia and you may be glad you did.
