By kelly Price
The reasons behind the growth in Slovenia property are outlined below:
1. EU Membership
Slovenia is a recent member of the European Union joining in 2004. New EU membership normally sees an increase in investment from the community itself and from other countries.
Slovenia has benefited from an influx of capital from the EU itself and private investment. This investment has seen Slovenia achieve the highest economic growth rate of any new EU member state.
2. Strategic Location
Slovenia is located at the centre of Europe and has borders with Austria, Italy, Hungary and Croatia.
It sits between the old established economies of Western Europe and the new emerging economies of the east. The country has also has an efficient infrastructure and good transport links with its neighbours.
3. Rising GDP and Disposable Incomes
As GDP has risen, so to has the demand for high quality housing and this has led to a property boom. One of the most popular places to buy Slovenia property for sale has been the capital Ljubljana, where prices have been rising at up to 30% per annum.
The stringent land development laws have meant that supply has been unable to keep pace with demand and prices are rising.
Ljubljana is not the only area to see Prices rises and many other destinations are starting to take off and show solid growth in terms of capital appreciation and rising rental incomes.
4. Tourism
Slovenia may only be a small country about the size of Switzerland but it has diverse and varied scenic beauty which includes:
The soaring mountain peaks of the Julian Alps, fairytale alpine forests, a beautiful stretch of Adriatic coastline with the pretty town of Piran, rolling hills, and valleys dotted with vineyards, as well as rivers and lakes and bustling cosmopolitan towns.
Slovenia is only now starting to spend heavily on its tourist attractions and it looking to increase the number of tourists dramatically.
With budget airlines now offering cheap flights to the country it's more affordable than ever.
Slovenia is popular with skiers and Slovenia is actively promoting this industry as well as to overseas visitors, to enjoy the scenic beauty of such places as, the Soca Valley and Lake Bled.
With the expansion of the tourist industry comes a demand for high quality accommodation.
This offers potential capital growth, as well as valuable rental income.
The key to any property investment is to visit and get a feel for the area before buying.
There are many specialist estate agents dealing in Slovenia property for sale which cater to overseas buyers.
The buying process is straightforward and local finance options are available and the whole process should take around a month to complete. Slovenian law protects both buyers and sellers.
This ease of purchase when buying Slovenia property is in contrast to some of its neighbours.
A Solid Long Term Investment
Buying Slovenia property for long term investment looks attractive:
You have an economy that is booming and an increase in tourists - which should rise for years to come, as more people discover the delights of this small, beautiful country.
Consider Buying Slovenia property and you will find it has a lot to offer any serious overseas property investor.
Source: http://www.Free-Articles-Zone.com
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