Slovenia property is hot as more international property investors than ever are buying it. Slovenian property is expected to return capital growth of around to 284% over the next ten years. Slovenia was recently voted one of the top ten property investment destinations in the world and here we will look at why.
Let's look at the reasons behind the boom in Slovenia property investment and why it should continue.
Slovenia is a small beautiful country (about the size of Switzerland) which is located right at the hear of Europe and has borders with - Croatia, Austria, Italy and Hungary.
It is a recent member of the EU (joining in 2004) and the country has now achieved the fastest growth of any of the new member states and the future looks bright
The Economy and Rising House Prices
Its location at the heart of Europe combined with an efficient transport network and highly educated population has seen substantial amounts of capital invested not just from the EU, but from foreign investors.
The economic boom means that the demand for quality Slovenian houses is on the rise as the population has more disposable income and in areas such as the capital Ljubljana and second city Maribor prices have been rising by 30% per annum as stringent land planning rules mean that supply cannot keep pace with demand.
The Growth of Tourism
Not only are prices on the rise due to economic growth but the growth in tourism is underpinning prices as visitors rise so to does the demand for quality holiday accommodation in the major resorts . Slovenia is beautiful and has much for tourists to enjoy. Although well known as a skiing destination this is not its only attraction.
Slovenia has a wide variety of scenery:
You have the snow capped mountain peaks of the Julian Alps, lush valleys dotted with vineyards and dense alpine forests, as well as lively historic and cosmopolitan towns.
There are many destinations that are popular and look set to see increased tourism and they include the popular Lake resorts of Bled and Bohinj. The Soca Valley with the mighty Soca River which enchants anyone who visits it. There is also a beautiful stretch of Adriatic coastline with the Venetian town of Piran which lies just across the water from Venice which looks set to become a major investment destination.
Slovenia has beautiful scenery and the population is friendly, welcoming and there is an absence of serious crime, making it an ideal holiday destination.
With budget airlines flying to Slovenia on a frequent basis, it's more affordable than ever. International property investors have a wide variety of areas they can choose from where they can get not just solid long term capital growth but good solid rental incomes as well.
Prices are still affordable in many areas and there are Slovenian estate agents who specialize to help you buy your dream Slovenian property.
The buying procedure is straightforward and takes around a month to complete and is designed to protect both buyers and sellers. Mortgages and finance options are available locally as well to help maximize cash flow.
Slovenia property investment is a solid long term investment and if you are looking at overseas property destinations check out Slovenia property for sale, as it has a lot of advantages for those seeking a low risk high reward investment destination.
