Post by Justin Young on Jun 24, 2013 20:53:58 GMT -5
www.sloveniaestates.com
In terms of real estate investment , Slovenia offers an outstanding opportunity in terms of buying real estate, renovating and letting and below are some of the benefits.
Prices are anywhere from 20-40% less than they were in 2007, offering great value for money. Renovation properties offer the greatest value as many locals do not have the money to renovate and therefore, offer such projects at well below the market value. Renovation costs are low, due to lower labour rates in Slovenia, quality is high and there there are many local regulated Slovenian Estate agents which will undertake full project management making the purchase of a renovation project easy to manage for overseas buyers.
Of course you will want to rent your property and the demand for rental property is strong at present. Tourism is increasing year on year, meaning if you buy and wish to rent out, weekly rental yields are higher than in 2007, and local agents are able to make sure your property is let out for maximum profit potential due to the increase in tourist numbers year on year.
Areas which are popular include Lake Bled, Lake Bohinj and areas around Northern Primorska (Most na Soci) and the capital Ljubljana still enjoys more interest than anywhere else. Prices in the capital offer a great return on investment especially renovation projects and properties in the centre and old town. Slovenia real estate investment at the current time offers a wide variety of property for sale and with strong tourist demand, rental income is high.
In terms of overseas real estate investment, Slovenia offers solid returns in stable market.
In terms of real estate investment , Slovenia offers an outstanding opportunity in terms of buying real estate, renovating and letting and below are some of the benefits.
Prices are anywhere from 20-40% less than they were in 2007, offering great value for money. Renovation properties offer the greatest value as many locals do not have the money to renovate and therefore, offer such projects at well below the market value. Renovation costs are low, due to lower labour rates in Slovenia, quality is high and there there are many local regulated Slovenian Estate agents which will undertake full project management making the purchase of a renovation project easy to manage for overseas buyers.
Of course you will want to rent your property and the demand for rental property is strong at present. Tourism is increasing year on year, meaning if you buy and wish to rent out, weekly rental yields are higher than in 2007, and local agents are able to make sure your property is let out for maximum profit potential due to the increase in tourist numbers year on year.
Areas which are popular include Lake Bled, Lake Bohinj and areas around Northern Primorska (Most na Soci) and the capital Ljubljana still enjoys more interest than anywhere else. Prices in the capital offer a great return on investment especially renovation projects and properties in the centre and old town. Slovenia real estate investment at the current time offers a wide variety of property for sale and with strong tourist demand, rental income is high.
In terms of overseas real estate investment, Slovenia offers solid returns in stable market.