Why You Should Invest In The Hvar Properties?

Boundaries in Europe are blurring at an astounding pace. Many of the nations have now the reciprocity arrangements so that trade can be boosted, and nationals of different nations can buy properties in the friendly countries. Foreign ownership is no longer an issue in countries including Croatia. Investing in the ever beautiful and priceless Croatian seafront properties has a number of benefits for all. These properties are unmatchable home-away-from-home and also offer great dividends and profits when used for rental, resale or commercial purposes.

Buying property in Hvar

The beautiful Croatian island of Hvar is situated in the Adriatic Sea, and a Hvar property for sale is equally beautiful. The island boasts of pine forests, fresh and vibrant water springs, fertile plains, olive groves, vineyards, lavender fields and fruit orchards. The warm summers and mild winters make the weather very hospitable and comfortable. The island is also ideally located, and lies in the center of the trade route, to Italy and to the Mediterranean. Inhabited since the 300 BC pre-historic era, the Hvar island has a rich cultural and architectural heritage.

Tourism and real estate in Hvar

Tourism is a noticeable sector at Hvar, which is aided by restaurants, hotels, museums, marinas, cafes, galleries and other infrastructure and facilities. Hvar ranks amongst the top 10 islands favored by the tourists worldwide. The town of the island is quite vibrant and has discos running all night long. The whole port gets filled with the yachts during the high tourist season. The economy of the nation got a boost during the early years of globalization and the Croatian properties in Hvar have since been quite lucrative. The stunning landscapes have the priceless stone buildings that were sold for millions of dollars early on when Croatia decided to free property ownership for nationals of many different countries. If you are looking for Croatia property for sale, Hvar has much to offer.

With time, the real estate market in Croatia has become quite stable. Investments can be made if you have contacted a good real estate company with ample exposure in the segment. Property purchase in Croatia has legal processes attached to it as well, just like other nations. A good real estate service will provide or guide you to an attorney to carry out all the legal and taxation tasks. There have been some instances where a single property had many owners, as the main or the registered owner of the property was dead. Hence it is important to check all aspects before actually making an investment in Hvar. A good real estate company will guide you to a competent attorney who would detail to you the process of purchase fully.

You can get the cadastre map as well as the "title deed" for yourself, which will tell you the location of the property and will also provide to you information on its number, size and owner’s name. You will also know whether there are any mortgages levied on the property. The pre-contract requires that you make a 10% payment for the property for booking it in your name.

Better legal environment

If you are from EU countries or the US, you will have to undergo lesser legal and other formalities when you try to buy a property in Hvar. The process which took years earlier has now been made more hassle-free for the citizens of certain countries with which Croatia has agreements.

It is quite important that you research the property carefully so that there are no threats of fraud. A legal attorney will tell you how you can have the location and other permits, which may be necessary for buying the Hvar property. Hvar already has many properties and seafront villa owners who are of foreign origin. There can be many more.

Buying property in Croatia is like dream come true. The island has priceless vicinities, landscapes, and surroundings. The property value increases in no time, Hvar being one of the most popular islands frequented by tourists from across the globe. But you need to do your homework carefully and should reach to an expert property and legal consultant to buy a property in Hvar, in a risk-free manner.

Matko Matkovic providing wide selection of new apartments and vills in the whole of croatia from last 10years. He has older Croatian properties for sale, including Dalmatian family homes, blocks of apartment.