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Nato Entry Into The European Union

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Croatia is one of the most likely candidates for entry into the European Union within the next few years and as a result it is also one of the more exciting of Europe 's emerging economies in terms of potential property price growth because with pre-EU entry comes serious foreign direct investment and political and economic stability, and post-EU entry comes greater worldwide confidence in a country and a nation 's ability to trade more directly and favourably with the rest of the European Union.

When you add to this positive news the fact that Croatia has 5,835 kilometres of coastline (1,777 km on the mainland with 4,058 km wrapped around its numerous pretty islands) and a Mediterranean climate you have immeasurable tourism potential …show more content…

Another advantage that the ease of availability of mortgages has is that it means the local population has more access to property based finance and the local market in Croatia also demands property stock...this is good news for an investor. Why? Because tourism potential is good, but having a local market willing and able to take real estate stock off an investor 's hands in the future is even better news. Targeting this increasingly affluent nation an investor has a chance of generating sustainable and consistent returns from a commitment to Croatia for the medium term at least.

Another reason why property in Croatia will be big business in 2007 and beyond is because of an increase in the number of international businesses choosing locations such as Dubrovnik and Zagreb in Croatia as centres for near-shoring back office operations for example. Croatians are hard working, intelligent people who will currently work for lower rates of pay that their counterparts in the EU-15 for example and some companies are establishing operations in Croatia to tap into this labour force and are demanding commercial premises as well as pushing up local demand for residential stock.

Levels of foreign direct investment as well as the number of international companies setting up regional hubs in Croatia also represents a positive factor for investors to bear in mind. FDI and more

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