Cheap Property in Croatia
Foreign nationals looking to buy cheap property in Croatia have a number of options to explore. The range of prices and offerings will largely depend on location, the type of accommodation they are looking for – a house, villa or apartment – and the purpose of the property. Those who decide to buy property on the Croatian coast typically look for either a holiday home or a rental property.
Investors looking to buy rental property will usually opt for locations in or near the most popular tourist destinations – the cities of Split and Dubrovnik and their immediate vicinity – but will have difficulty finding inexpensive real estate offerings in these places. To find property at a good price, their options are to either look at old houses that require renovation or to find out how much net income they could generate with a newer property and then calculate its rental yield.
As an investment opportunity, seafront property in Istria, Dalmatia and especially in the Dubrovnik area can be enormously lucrative during the summer season, when tourists from around Europe flock to the Adriatic coast. However, while the major tourists hotspots are crowded from late spring to early autumn, rental properties in smaller towns along the Adriatic coast generally only prosper in July and August.
Foreign nationals looking for a seafront villa or holiday home in Croatia will have no options but to buy one because a law was introduced in the 1980s banning development on the waterfront to protect the country’s coastline. While varied, the existing offerings are limited and, as Croatia is one of Europe’s fastest growing tourist destinations, the scarcity of good sea-view houses will only continue to fuel both prices and rental demands.
Sutivan stone house
This old, renovated two-floor stone house is located in the centre of Sutivan, a small town on the island of Brač, just off the coast of Split. The house is fully furnished and has a kitchen, dining room and bathroom on the ground floor, and two bedrooms and another bathroom on the second floor. The seafront property is situated in a beautiful location and occupies a total area of 64 square metres.
The easy access to Split is only one of the things that make Sutivan a hotspot over the summer. The town is an excellent destination for sports and recreation tourism, as well as for family holidays. Along with a rich cultural heritage and 16th and 17th century buildings, Sutivan has a sports centre, a nature park with a zoo, and many beautiful beaches.
Vis stone house
For buyers looking for inexpensive historical property, this 17th century stone house offers plenty of Mediterranean charm. The house is situated in the centre of Vis, only 100 metres from the sea and the town’s port. The three-floor property is made completely of stone and requires reconstruction. The top floor offers a wonderful view of the port. The house is under the protection of UNESCO as a Baroque monument. The property also includes a closed court, an outdoor staircase and a small stone house.
The town of Vis is situated on the island of Vis, Croatia’s most remote inhabited island. Established in the 4th century BC as a Greek polis, the town has a rich historical heritage and numerous monuments and historical sites dating back to Greek and Roman times.
This attractive seafront property on the island of Čiovo, off the coast of the historic city of Trogir, is currently available at a reduced price. The furnished three-floor house lies on a lot of about 550 square metres and is only 100 metres from a beautiful beach. The ground floor has a three-bedroom apartment and the upper two floors have a one-bedroom apartment each. The house also has a terrace and a balcony overlooking the Adriatic sea.
For more real estate offerings on the Croatian coast, browse our special offers section.