Slovenia Property 8 Reasons you Should Buy Investment Property


by Kelly Price - Date: 2007-07-24 - Word Count: 670 Share This!

Recently named one of the top destinations in the world in which to buy property, savvy investors are buying Slovenia property for long term capital gains as well as solid rental incomes.

With prices in many areas rising at 30% per annum and forecast growth for the next 10 years to be almost 300%, Slovenian property has a lot to offer potential investors.

In this article we will look at the reasons you should consider buying property in Slovenia.

1. Geographical location

Slovenia is located to the right of the Trieste region of Italy, and also has borders with Croatia, Austria and Hungary.

While a beautiful country in itself with much to offer, it also makes a great base to explore a host of nearby attractions with cities such as Venice, Prague and Budapest close by.

For skiers, the slopes of Austria and Northern Italy are within easy reach, yet property is much cheaper here than in either country.

2. Beauty

Slovenia may only be a small country, but it has a lot to offer in terms of scenery including:

Snow capped mountains, fairytale forests, rolling hills, stunning valleys with vineyards, as well as lakes, rivers and waterfalls.

In addition to this natural beauty, there are beautiful towns such as the capital Ljubljana, with its striking church spires, stunning baroque architecture and cosmopolitan atmosphere.

Popular areas to buy property outside the capital include:

Primorska with its Adriatic coastline, the lakeside resort of Bled, the ski resorts of, Bohinj and Kranska gora with easy access to the Julian Alps and the beautiful Soca Valley region.

Slovenia is diverse in what it offers to overseas property investors and there are many areas that offer stunning natural beauty and the potential to make some great capital growth to.

3. Economic stability

Slovenia's geographical position and recent membership of the European Union (EC) which it joined in 2004, has seen foreign capital investment flow into the country and Slovenia now boasts the highest growth rate of any new EU member, which is running at around 5% per annum.

This strength in the economy, combined with an increase in tourism, is the driving force behind the boom in Slovenia property.

4. Housing shortage

In many areas there is a shortage of quality housing. The perfect example of this is the capital Ljubljana, where strict restrictions on land development are driving property prices higher.

Many of the major tourist destinations are also suffering a shortage, as the increasing influx of tourists puts pressure on local accommodation.

5. Growth in tourism

The government is committed to expanding revenue from tourism. Although the country does not have such a well developed tourism industry as some of its neighbours, this is all about to change and with the increase in low cost flights to the country; tourism will increase, as more people discover the delights of this beautiful country.

6. Capital gains & income

You can focus on capital gains or income or a mix of the two.

7. Its Still Affordable

It's still highly affordable and Slovenia property prices still seem to have a long way to move to the upside. The trend has already started, but like most property booms it will last for decades and the potential to make solid capital gains for the foreseeable future is one of the reasons Slovenian property investment is so popular.

8. Ease of purchase

The buying process is straightforward and designed to protect both buyers and sellers. Unlike in many other destinations ownership is transparent finally; there are also local finance options available, for those wanting to raise capital. There are now several specialist Slovenia estate agents that specialize in helping foreign property investors find the right property in terms of, their budget and investment aims.

Add up all the facts

Slovenia property offers the potential to make great long term capital gains, combined with good rental income, combined with the potential for future growth, makes it an excellent investment in terms of risk to reward.

Discover buying property in Slovenia and you may be glad you did.


Related Tags: slovenia investment, slovenia, slovenia property for sale, slovenia homes, buy slovenia property

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