June 2008
Brief mid-year market report

The credit crunch in Britain and Ireland has meant a shortage of key British and Investors in the market.
The coastal market has been very slow over the first 6 months.

In March we launched Avenia Savills in Zagreb which offers investors very good value in a rising market as a place to weather the storms at home and the business has been very well received to date.

With finished apartments from 70000 Euro, many western buyers recognise the unique opportunity to invest in one of the last true emerging markets through a globally acclaimed partner such as Savills International and their local team Avenia Savills.
Thanks to their local staff combined with Savills' global know-how,  Avenia offers a valuable insight into the investment market of Croatia's capital. Their extensive website offers the most up-to-date, detailed overview of current property pick, as well as a revolutionary approach to new development sales, many of which represent some of the most attractive investments in Europe.

We expect the coast to remain subdued for the rest of the year with prices remaining firm in Dubrovnik and Istria and softening in Split. Zagreb is projected to grow significantly over the next 5 years.

If you need a more comprehensive report on the market, please contact us at sales@aveniacroatia.com

 

 

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