New superyacht marina and residences near Sibenik planned
(MENAFN Press) Island Global Yachting (IGY), one of the world's premier owners, developers and managers of luxury marinas and yachting lifestyle destinations and Nautical Center Prgin (NCP), one of Croatia's leading marine industry companies, announced today a joint venture to develop Croatia's first dedicated megayacht marina. The IGY-branded project will be located in the coastal town of Sibenik, adjacent to NCP's existing Mandalina Marina. The site is conveniently located near the Kornati Islands National Park, Krka National Park, two UNESCO World Heritage Sites and Split International Airport. Under the agreement, IGY will manage both the new megayacht facility and Mandalina Marina, through a newly-established company created via the partnership. IGY will also acquire an equity interest in the existing Mandalina Marina. Additionally, IGY is negotiating the option to purchase an equity stake in the upland area adjacent to the new marina to compromise world-class shopping, food and beverage outlets and a hotel. Upon approval, this equity stake will be granted to IGY under a development agreement. "This is clearly an important step for IGY and we are delighted to be working with NCP as we enter the flourishing Eastern Mediterranean market," said Andrew Farkas, founder and chairman of Island Global Yachting. "Today's announcement now adds the Mediterranean region to our growing worldwide presence, which spans from the Americas through the Caribbean and into the Middle East. Croatia's international status as a world-class tourism destination is definitely on the rise and the yachting industry is central to that. This partnership will link both NCP and Croatia into IGY's network of marinas which include some of the world's finest facilities."Frank Garrison, CEO of IGY added, "As we join forces with NCP, we look forward to joining the entire Croatian community, and working together with the people and the businesses of this great country to deliver one of the premier marinas in the Mediterranean, if not the world.""We are equally excited about this partnership and the economic benefits that it will bring to our community," said Ivana Prgin, president of marketing for NCP. "The waters around Sibenik are acclaimed as one of the world's greatest cruising areas and this new marina will enhance the experience even further. The megayacht market represents the world's top demographic and IGY is at the forefront in serving these consumers." IGY developments are not only enhancing and revitalizing their local areas, but the network of properties is setting new standards for service and quality in nautical tourism. IGY is at the forefront of the emerging marina market in the Middle East. The company is currently contracted to design, develop and manage up to 40,000 berths for Nakheel & Istithmar Leisure in Dubai, UAE. The first project, Anchor Marina will be completed in early 2008 on the much-publicized Palm Jumeirah. "IGY has made great strides in the Middle East marina industry in a short space of time. I'd like to congratulate the whole IGY team on the creation of this partnership and I am extremely pleased with the input of the Middle East team in securing the deal. This is a clear demonstration of our global ambition and we now have the opportunity to take the IGY marina experience beyond the GCC and into Europe," explained IGY's Middle East & Asia CEO, Ralf Heron. IGY's Mediterranean network is being founded with this Sibenik facility and will quickly grow with projects under negotiations in other countries in the region. All of IGY's destinations are known for the highest levels of facilities and service.
Tourism in Croatia reaches record level
Croatian visitor numbers reaching record levels Visitor numbers in Croatia are likely to reach record levels this year, according to official estimates. Figures cited by IOL Travel showed that during the first nine months of 2007, there were more than nine million foreign arrivals, 6% more than during the same time last year. Meanwhile, tourists were found to have stayed for a total of 53.4 million nights, an increase of 5% on 2006 and a sign of growing demand for rental accommodation in the former Yugoslav republic. This has prompted officials in Croatia to predict further growth in its tourist market during the next few years. Commenting on the country's suitability as a holiday destination, Eduard Kusen of the Tourism Institute said it offered a good infrastructure and lots of visitor attractions. He added: "Croatia has an excellent geographical position as it is close to tourist markets."According to the Southeast European Times, Croatia is aiming to become a European tourism "superpower" that could rival countries such as Greece and Turkey in terms of its market share.
Invest in off-plan projects and make your first profit on the date of delivery. More and more buyers of second home real estate in Croatia are shifting from searching existing (sometimes overprized) properties towards new developments. New properties have all that you will rarely find in existing real estate: large landplots, swimmingpools, properly built buildings catering to western Europeans. And most interestingly perhaps: great rental opportunities! Purchasing off-plan also gives you substantial discounts, allowing your first 20% return on investment from purchase to delivery. After that you can rent out for >5% rental income or just wait for Croatia to enter the E.U.
If you purchase the property off-plan you are mostly purchasing at a price per m² that is under the market value. This price is fixed for you if you reserve. When the property will be finished, key in hand, we are already one year further into the future. It is expected that then the EU admission date will be known: meaning that bigger investors can start making plans, meaning that demand will grow and prices will rise. Prices have always risen in countries that newly join the EU.
So when your villa is finished, key in hand, you are paying the last installment based on a price that is far below market value at THAT MOMENT. For many people this is the moment that they decide to either sell and take their profit, or keep the property to enter a rental programme.
"But if other people will build, will the prices not drop?" is a question I am hearing many times. The key here is to make sure you purchase on good LOCATION, WITH GOOD INFRASTRUCURE (or expectancy for this), GOOD PRICE AND UNIQUENESS OR EXCLUSIVITY.
Let us propose you such properties!
check out our constantly changing portfolio at http://www.middellandcroatia.com/
or call us directly for the hottest picks of the moment: +31(0)207725652
Who are we? We can send you our full company info included the brochure 'how to buy property in Croatia'
If you purchase the property off-plan you are mostly purchasing at a price per m² that is under the market value. This price is fixed for you if you reserve. When the property will be finished, key in hand, we are already one year further into the future. It is expected that then the EU admission date will be known: meaning that bigger investors can start making plans, meaning that demand will grow and prices will rise. Prices have always risen in countries that newly join the EU.
So when your villa is finished, key in hand, you are paying the last installment based on a price that is far below market value at THAT MOMENT. For many people this is the moment that they decide to either sell and take their profit, or keep the property to enter a rental programme.
"But if other people will build, will the prices not drop?" is a question I am hearing many times. The key here is to make sure you purchase on good LOCATION, WITH GOOD INFRASTRUCURE (or expectancy for this), GOOD PRICE AND UNIQUENESS OR EXCLUSIVITY.
Let us propose you such properties!
check out our constantly changing portfolio at http://www.middellandcroatia.com/
or call us directly for the hottest picks of the moment: +31(0)207725652
Who are we? We can send you our full company info included the brochure 'how to buy property in Croatia'
Travel Croatia - a story about this country:
With summer upon us, we face a serious question: where is the hottest place to soak up the sun, sip champagne, and dance tabletop amongst all that is beautiful? Rest assured there is life beyond Ibiza and Saint-Tropez.
Those in-the-know have already discovered this oasis, and with rising international acclaim for having one of the most stunning coastlines in the world, we reveal why Croatia is home to the new Riviera.
PRIVILEGED SEASIDE The region is called Dalmatia and it is rapidly becoming the authoritative summer playground of the world’s most stylish. With a breathtaking shoreline set against the Dinaric Alps, it’s as if nature converged for the sole reason of providing the perfect setting for inspired indulgence. Lingering lunches, abundant amounts of fish, deep olive groves, bountiful vineyards, midnight swims, eerily attractive inhabitants, and many an espresso are the bona fide norm. With over 1,000 islands, a pristine sea, and medieval fortresses in its back yard, Dalmatia offers a lifestyle that defines La Dolce Vita.
GLAM ISLAND STYLEAcclaimed as one of the sexiest islands in the world, Hvar is a delicious secret that Croatia’s holiday-makers have been savoring for years. Charming restaurants, cafés, and boutiques are true to the island’s rustic charm, and a harbor full of mega-yachts provides a luxury-minded stamp of approval. Don’t miss Carpe Diem, home to the Adriatic coast’s most glamorous summer after-beach parties.
HAUTE VILLAGERumored to be the new Monaco, Dubrovnik exudes a raw opulence. The city is home to a 6th century seaside medieval fortress, with huge white stone walls that guard an ancient world frozen in time. Grab your Guccis and stroll the Stradun. For late-night revelers, discover Gil’s, Dubrovnik’s hottest lounge located at Sv. Dominkia bb.
PRIMO PORT CITYSultry Split somehow manages to exude both a Mediterranean city vibe and small village charm. Summer nights are steamy and beg for all activities to be enjoyed outdoors. Dine like royalty at Adriatic for views of the 2,000 year old Diocletian’s Palace.
— Martina Sola
Those in-the-know have already discovered this oasis, and with rising international acclaim for having one of the most stunning coastlines in the world, we reveal why Croatia is home to the new Riviera.
PRIVILEGED SEASIDE The region is called Dalmatia and it is rapidly becoming the authoritative summer playground of the world’s most stylish. With a breathtaking shoreline set against the Dinaric Alps, it’s as if nature converged for the sole reason of providing the perfect setting for inspired indulgence. Lingering lunches, abundant amounts of fish, deep olive groves, bountiful vineyards, midnight swims, eerily attractive inhabitants, and many an espresso are the bona fide norm. With over 1,000 islands, a pristine sea, and medieval fortresses in its back yard, Dalmatia offers a lifestyle that defines La Dolce Vita.
GLAM ISLAND STYLEAcclaimed as one of the sexiest islands in the world, Hvar is a delicious secret that Croatia’s holiday-makers have been savoring for years. Charming restaurants, cafés, and boutiques are true to the island’s rustic charm, and a harbor full of mega-yachts provides a luxury-minded stamp of approval. Don’t miss Carpe Diem, home to the Adriatic coast’s most glamorous summer after-beach parties.
HAUTE VILLAGERumored to be the new Monaco, Dubrovnik exudes a raw opulence. The city is home to a 6th century seaside medieval fortress, with huge white stone walls that guard an ancient world frozen in time. Grab your Guccis and stroll the Stradun. For late-night revelers, discover Gil’s, Dubrovnik’s hottest lounge located at Sv. Dominkia bb.
PRIMO PORT CITYSultry Split somehow manages to exude both a Mediterranean city vibe and small village charm. Summer nights are steamy and beg for all activities to be enjoyed outdoors. Dine like royalty at Adriatic for views of the 2,000 year old Diocletian’s Palace.
— Martina Sola
Villas - where to find real villa's for sale in Croatia?
Everyone who has gone house hunting in Croatia recently has discovered that finding a proper villa, as we know it from Italy or Spain or France, is becoming more and more difficult. Especially the Dalmatia region doesn’t have good offer of villa’s for sale. Villa meaning: free standing, swimming pool or space to put it in, large living rooms, open kitchen, and villa’s around you. They are hard to find but do exist, and prices are the same as those ‘villas’ that are officially an apartment building.
Istria is a whole different story. The more advanced land register and zoning status allowed to build easier. Untill a year ago there was a spectacular difference between Istria and Dalmatia in terms of updated land register. The then developed plans are now being built or being offered to the market. And the quality and beauty of these projects, all architecturally blending into the surroundings, is very interesting. Istria offers an equally interesting inland where as Dalmatia is mainly interesting on the seaside (ever since medieval times, all that was going on in Dalmatia, happened at the coast). The lower prices of land further away from the sea cause that prices of these Istrian villa's are also interesting.
So what are we offering?
If you are looking for a proper villa you can decide where to go, based on what you want:
A qualitatively well-build villa with spacious rooms and enough space for a swimming pool can be found in Istria. Newly built, recently restored or off-plan (make sure the developer has a good track record so you know what you can expect).
In Dalmatia you will mostly find existing real estate with confusing prices. It is important to pick from the vast offer the right villa: location, potential, exclusivity, reachability and future possibilities. Prices are almost equal for good or bad location, so by knowing what has value growth potential you can make the deal of your life!
......Only in Croatia.
Istria is a whole different story. The more advanced land register and zoning status allowed to build easier. Untill a year ago there was a spectacular difference between Istria and Dalmatia in terms of updated land register. The then developed plans are now being built or being offered to the market. And the quality and beauty of these projects, all architecturally blending into the surroundings, is very interesting. Istria offers an equally interesting inland where as Dalmatia is mainly interesting on the seaside (ever since medieval times, all that was going on in Dalmatia, happened at the coast). The lower prices of land further away from the sea cause that prices of these Istrian villa's are also interesting.
So what are we offering?
If you are looking for a proper villa you can decide where to go, based on what you want:
A qualitatively well-build villa with spacious rooms and enough space for a swimming pool can be found in Istria. Newly built, recently restored or off-plan (make sure the developer has a good track record so you know what you can expect).
In Dalmatia you will mostly find existing real estate with confusing prices. It is important to pick from the vast offer the right villa: location, potential, exclusivity, reachability and future possibilities. Prices are almost equal for good or bad location, so by knowing what has value growth potential you can make the deal of your life!
......Only in Croatia.
Croatia tourist report
Croatia's tourist numbers up 12.7% in H1 of 2007 The number of tourists in Croatia reached 3.54 million in the H1 of 2007, a 12.7% increase on the same period last year, according to official figures released in Zagreb on Monday.
The number of domestic holiday-makers was 827,636 in the first six months this year, 11.3% higher than that of the same period last year, the Croatian Central Bureau of Statistics said. More than 2.71 million foreign tourists visited Croatia in the same period, nearly half of whom paid their visits in June. The number of overnight stays was 13.07 million, 7% higher than the same period in 2006.
Croatia registered tourist revenues amount of €6.3 billion ($8.4 billion) in 2006, thanks to more than 10 million tourists. Tourism accounts for 18.4% of the country’s GDP, and is a driving force of the economy. (people.com.cn)
The number of domestic holiday-makers was 827,636 in the first six months this year, 11.3% higher than that of the same period last year, the Croatian Central Bureau of Statistics said. More than 2.71 million foreign tourists visited Croatia in the same period, nearly half of whom paid their visits in June. The number of overnight stays was 13.07 million, 7% higher than the same period in 2006.
Croatia registered tourist revenues amount of €6.3 billion ($8.4 billion) in 2006, thanks to more than 10 million tourists. Tourism accounts for 18.4% of the country’s GDP, and is a driving force of the economy. (people.com.cn)
Mortgages for foreigners
It is still not a product widely offered in Croatia: mortgages for foreigners seeking to purchase real estate. Some stories are arising though right now. Hypo Alpe Adria has been offering the service for a year now against quite high non-competitive interest rates and demands. More banks are preparing as the new resorts and masterplanned communities are setting foot on Istrian and Dalmatian shores.
Once it becomes widely available this will have an enourmous effect on real estate trade. The year 2006 was a weak year with a total of real estate transactions matching a busy street in Amsterdam. Prices were mainly dictated by private property owners with no competition from international property developers. This caused a price rise of ALL real estate, good quality/good location as well as underquality real estate. 2007 is already showing a small stabilisation in this.
Next year mortgages will become widely available to foreigners. This aspect will boost the property demand in the upward direction. New properties will come on the market. This will most probably cause the prices to become more realistic in terms of price for quality. Good quality/location will keep rising, where as bad quality will find its good competitor, finally.
We are maintaining a newsletter that keeps all people, interested in real estate in Croatia, up to date about mortgages and new developments in this area.
Subscribe to the newsletter by mailing us at info@middellandcroatia.com.
Once it becomes widely available this will have an enourmous effect on real estate trade. The year 2006 was a weak year with a total of real estate transactions matching a busy street in Amsterdam. Prices were mainly dictated by private property owners with no competition from international property developers. This caused a price rise of ALL real estate, good quality/good location as well as underquality real estate. 2007 is already showing a small stabilisation in this.
Next year mortgages will become widely available to foreigners. This aspect will boost the property demand in the upward direction. New properties will come on the market. This will most probably cause the prices to become more realistic in terms of price for quality. Good quality/location will keep rising, where as bad quality will find its good competitor, finally.
We are maintaining a newsletter that keeps all people, interested in real estate in Croatia, up to date about mortgages and new developments in this area.
Subscribe to the newsletter by mailing us at info@middellandcroatia.com.
Prices have increased rapidly in the last few years in Croatia. Regions like Dubrovnik, Zadar, Opatija and central Dalmatia have witnessed a huge price increase. Between all that is on the market, there is also a lot of overprices property with bad quality. This is the time to make the right selection. Read more...
Two apartments 70 m² and one duplex 110 m²
Unblocked, stunning views over the bay of Marina and the harbour. 2 bedroom/2 bathroom or 4 bedroom/3 bathroom apartments available. Some with very large balconies. Prices from € 175.000 to € 220.000 Read more…
Unblocked, stunning views over the bay of Marina and the harbour. 2 bedroom/2 bathroom or 4 bedroom/3 bathroom apartments available. Some with very large balconies. Prices from € 175.000 to € 220.000 Read more…
Villa in Rogoznica 80 mtr. from the sea
Great price for this villa that is situated in the town's holiday area of Rogoznica. Nearby are various beaches and the Marina Frapa that keeps winning international awards as Croatia's best marina. € 190.000 Read more...
Great price for this villa that is situated in the town's holiday area of Rogoznica. Nearby are various beaches and the Marina Frapa that keeps winning international awards as Croatia's best marina. € 190.000 Read more...
Croatia's top Properties - ISTRIA SPECIAL
Istria is the famous northern peninsula of the Croatian coast and has always been the most developed region of the country. Its lush green hills with picturesque medieval cities on the top, the gourmet palette of pasta, truffles and superior wines validate the region’s comparison to Tuscany. The landscape is one of vineyards, olive groves and Venetian-style church towers. Istria, in comparison to Dalmatia, has been part of the Austro-Hungarian Empire, which had governed it for more than 100 years. This reign has brought some practicalities in the land register that makes the region more attractive to developers. There are currently notably more projects being built in Istria than in Dalmatia. With the new ecological rules in place, these new developments are still respecting Croatia’s greatest gem: its coastline.
1 hour driving from a large Croatian skiing area
2 hours driving from the Kranjska Gora largest ski-area of former Yugoslavia
120 km. from Venice
So what do we find?
The top A destinations are all steadily growing with quality projects, mainly apartment developments. In the more ural regions behind the busy coastline you will find more and more rustic villa’s, restored or newly build. These new developments are balancing the asking prices for Croatian real estate. What we see is that there is more balance between price and location and quality.
1 hour driving from a large Croatian skiing area
2 hours driving from the Kranjska Gora largest ski-area of former Yugoslavia
120 km. from Venice
So what do we find?
The top A destinations are all steadily growing with quality projects, mainly apartment developments. In the more ural regions behind the busy coastline you will find more and more rustic villa’s, restored or newly build. These new developments are balancing the asking prices for Croatian real estate. What we see is that there is more balance between price and location and quality.
Mali Cosi 
Unblocked and complete stunning views over the Adriatic coast. Situated on an impressive hill close to Opatija is this new domain currently under construction. It will consist of 6 villa’s, 4 duplex houses, 4 apartments and 2 studios. All properties offer a large, partly covered terrace with perfect view. The properties are child friendly with traditional stone wal
ls around the property and are all fully equipped to international standards. In Istria there are only a few villa’s to be found with such premium view for these prices.
prices of apartment: from € 132.000,-
prices of duplexes: from € 211.000,-
prices of villas: from € 232.000,-
request the full brochure by clicking here, or call us at: +31 20 7725652
Unblocked and complete stunning views over the Adriatic coast. Situated on an impressive hill close to Opatija is this new domain currently under construction. It will consist of 6 villa’s, 4 duplex houses, 4 apartments and 2 studios. All properties offer a large, partly covered terrace with perfect view. The properties are child friendly with traditional stone wal
ls around the property and are all fully equipped to international standards. In Istria there are only a few villa’s to be found with such premium view for these prices.prices of apartment: from € 132.000,-
prices of duplexes: from € 211.000,-
prices of villas: from € 232.000,-
request the full brochure by clicking here, or call us at: +31 20 7725652
Nautica Novigrad. 
An exceptional development of 24 apartments. Build just outside of the island-town Novigrad and 5 minutes from the beach. The apartments overlook the sea and the new marina with its 5 star hotel. This development reveals the potential of this part of Istria to become a first class destination.
The complex will consist of Nautica 1 and 2 with a total of 24 units of various sizes (50-100 m2). Each building has 4 floors (basement + ground floor + 2 floors). The storage space for the apartments is located in the basement. Exterior and interior
design express the best of Croatian heritage as well as modern luxury with large open living rooms overflowing into sunny, south-west facing, terraces that overlook the sea. Top stylists have designed the finishings of the apartment to the highest level, with wooden floors, natural stone and well equipped bathrooms. All apartments will have inbuilt air-conditioning (heating and cooling). The bathrooms will have floor heating. Each unit will have one parking space and a storage in the basement. The apartments will be finished end of 2007.
prices vary from € 101000 to € 251500
for more information, click here à
An exceptional development of 24 apartments. Build just outside of the island-town Novigrad and 5 minutes from the beach. The apartments overlook the sea and the new marina with its 5 star hotel. This development reveals the potential of this part of Istria to become a first class destination.
The complex will consist of Nautica 1 and 2 with a total of 24 units of various sizes (50-100 m2). Each building has 4 floors (basement + ground floor + 2 floors). The storage space for the apartments is located in the basement. Exterior and interior
design express the best of Croatian heritage as well as modern luxury with large open living rooms overflowing into sunny, south-west facing, terraces that overlook the sea. Top stylists have designed the finishings of the apartment to the highest level, with wooden floors, natural stone and well equipped bathrooms. All apartments will have inbuilt air-conditioning (heating and cooling). The bathrooms will have floor heating. Each unit will have one parking space and a storage in the basement. The apartments will be finished end of 2007.prices vary from € 101000 to € 251500
for more information, click here à
Vidal’s success series 
You might have seen these apartments many times on many websites. The developer takes his business serious and is building to a slightly higher standard than we see in many other places. Because of the success there is another project in this series being built. Sea view, swimming pool and the security of a small resort setting provides peace of mind when you are far away again. A few last apartments are available in VIDAL 1. VIDAL 2 will be build next to it. The buildings include a total of 16 apartments ranging in size from 50 – 100 sq m.
Prices starting at € 95.000 incl. VAT
For more information, click here
You might have seen these apartments many times on many websites. The developer takes his business serious and is building to a slightly higher standard than we see in many other places. Because of the success there is another project in this series being built. Sea view, swimming pool and the security of a small resort setting provides peace of mind when you are far away again. A few last apartments are available in VIDAL 1. VIDAL 2 will be build next to it. The buildings include a total of 16 apartments ranging in size from 50 – 100 sq m.
Prices starting at € 95.000 incl. VAT
For more information, click here
Riva Umag – first class spacious apartments 
Living directly at the waterfront will always stay a sought after privilege. The project Riva Umag offers this privilege in a modern building with traditional materials like stonework and glass used to offset its attraction. The project offers different sizes of apartments with a up scale level of finishing. Three apartments are left in this building. We have chosen the best one: a 100 m² apartment on the second floor on the seaside, which is the south-west side.
Umag and the apartments position offer the perfect location and comfort. The apartments are equipped with dual air-conditioning units (heating/cooling), fully equipped bathrooms finished to first class standards, wooden floors, satellite.
price of this apartment: € 227.000,-
request the full brochure by clicking here, or call us at: +31 20 7725652
Living directly at the waterfront will always stay a sought after privilege. The project Riva Umag offers this privilege in a modern building with traditional materials like stonework and glass used to offset its attraction. The project offers different sizes of apartments with a up scale level of finishing. Three apartments are left in this building. We have chosen the best one: a 100 m² apartment on the second floor on the seaside, which is the south-west side.
Umag and the apartments position offer the perfect location and comfort. The apartments are equipped with dual air-conditioning units (heating/cooling), fully equipped bathrooms finished to first class standards, wooden floors, satellite.
price of this apartment: € 227.000,-
request the full brochure by clicking here, or call us at: +31 20 7725652
This villa on demand 
Optain tailor made exclusivity with this Istrian stone villa that will be build in the hills of central Istria, close to future golf projects, equestrian resorts and more top class tourism facilities. Away from the hassle of the coastline, but still 15 min. away from it. The building site for this home is perched on the hills behind Porec. The house will have a garage, swimming pool and large terraces overlooking the nearby village and valleys. Completion in the beginning of 2008. Price will be between € 482.000 and € 574.000 depending on your wishes. for more information, click here
Optain tailor made exclusivity with this Istrian stone villa that will be build in the hills of central Istria, close to future golf projects, equestrian resorts and more top class tourism facilities. Away from the hassle of the coastline, but still 15 min. away from it. The building site for this home is perched on the hills behind Porec. The house will have a garage, swimming pool and large terraces overlooking the nearby village and valleys. Completion in the beginning of 2008. Price will be between € 482.000 and € 574.000 depending on your wishes. for more information, click here
The summer has started
You could spend a month within two blocks of the marina and never tire of the daily routine. At the morning market, Claudia Cardinale look-alikes rub shoulders with black-cloaked biddies shopping for figs and olive oil. As the sun climbs higher, the yachties move from café to konoba around St. Stephen's Square, and breakfast seamlessly merges with lunch. After a swim off the rocks, it's time for midday cocktails at chic quayside bars, where all the chairs face out to provide views of the show. Hvar's Renaissance-era planners must have anticipated the town's eventual function as one of the world's preeminent catwalks. All marks the start of another warm and prosperous summer. Click to read this article in 'Travel and Leisure'
Article Nautique Magazine nov./dec.06 (Dutch)
Een tweede huis, flat, villa of vakantiewoning. Het is niet alleen weggelegd voor de rijken der aarde met grote aandelenpakketten, indrukwekkende stambomen of suikertantes. Wie zich goed laat begeleiden, hoeft niet krom te liggen voor een plek aan het water.
Tekst: Martijn Goedegebeuren.
Tekst: Martijn Goedegebeuren.
<-- klik op de foto om het artikel te bekijken
A-list off-plan properties
Renovated apartments with wellness, directly at the sea, Dubrovnik region
In Komarma, nearby the much beloved Dubrovnik, these completely renovated luxury apartments are nearly finished. With indoors swimming pool and fitness/sauna (with membership) these apartments cater to all the wishes of Europe’s new demanding property buyers. Prices start at € 145.000 (side sea view, 62 m²) to € 302.500 (front sea view, 2 terraces, 100 m²) click à here
Male Rudine Villa’s on the island of Hvar
Newly built villa’s in Croatian architecture. A subdivision on the island of Hvar, situated near one of the most beautifull cities on the island. Hvar is mentioned in all articles about Croatia. Her lush deserted bays, as well as the luxurious towns attract the international jetset that fill the harbour of Hvar town in the summer with mega-yachts. The project Male Rudine encompasses 12 very luxurious villa’s in natural stone, with private swimming pool and great view over the sea from the house and the garden. Prices start at € 400.000. Delivery date: projects almost finished, a few villa’s still for sale. click à here (with new pictures of the site)
Olyntha Resort on the island of Solta
Townhouses/duplexes on the island of Solta. Situated in the harbour bay village of Stomorska. The project encompasses a range of different types of attached villa’s with garden and private swimming pool, just a few steps away from the sea and pebble beach. Investors fixed price for all villa’s(!): € 265.000. Delivery date: end of 2008. Sales has just started!. click à here
Punta Scala Resort nearby Zadar
This first new ****+ wellness resort in Croatia is being developed on a private peninsula in the sea, overlooking the Kornati national nautical park. Construction is in full swing and is arousing serious interest from all over western Europe. It is now time to reserve your best position in the resort. Drawings, building specs,interior programme, mortgages, rental programme, property management and other high standard services that are available can be viewed on the website www.puntascala.com. Half June the first showroom apartment will be ready for viewing and we are happy to present you with special offers for a visit to the site. Click here to download the 3d movie. The resort will be built in two phases. First phase: 5-star hotel with wellness centre, 178 apartments, 28 villas. Most of the villa’s are situated at the sea with gardens ending in private beaches. Prices apartments: from € 150.000. Prices villa’s: from € 1 mln.
Apartments in Rogoznica
The idyllic town that is attracting ever more attention over the last years. Its Marina Frapa was voted best marina of the world last year (www.marinafrapa.com). On a hill directly next to the centre with its long boulevard, with view over the whole lagune, the first apartment buildings of this project are being build.
Prices start at € 80.000 (40 m²), delivery date: first buildings are already finished. A few apartments are still for sale. click à here
Top apartments near the town of Marina
Situated just 10 minutes walking from the bay village of Marina, 10 minutes driving from the airport Split, and 30 minutes from 2 UNESCO world heritage sites and 2 national parks. The apartment building, with different types of apartments, will be constructed on a hill overlooking the magnificent Marina bay and the open sea. Construction will start this fall.
Prices start at € 95.600 (51 m²) to €158.000 (84 m²). click à here
Vidal, sea view apartments in Novigrad
Two villa-shaped apartment buildings with different apartments, 50 m² to 109 m². Very interesting prices for this rapidly growing tourist region. Prices start at €95.000 (50m²) to €195.000 (108 m² penthouse). click à here
Bistrica, unique terrace apartments with swimming pool on the island of Brac
In the holiday town of Sutivan this apartment building will be built. Near the town centre and very close to the shore, these apartments will offer great letting potential. Brac is one of the biggest islands in Croatia hosting some of its most famous touristic sites. The island has an airport, hospital and several towns. The diversity in scenery, valleys and beaches, makes this island one of the most attractive destinations Croatia. From the swimmingpool you will have a view to the coast of Croatia.
prices: € 180.600 (82 m²) to € 205.000 (92 m²). click à here
In Komarma, nearby the much beloved Dubrovnik, these completely renovated luxury apartments are nearly finished. With indoors swimming pool and fitness/sauna (with membership) these apartments cater to all the wishes of Europe’s new demanding property buyers. Prices start at € 145.000 (side sea view, 62 m²) to € 302.500 (front sea view, 2 terraces, 100 m²) click à here
Male Rudine Villa’s on the island of Hvar
Newly built villa’s in Croatian architecture. A subdivision on the island of Hvar, situated near one of the most beautifull cities on the island. Hvar is mentioned in all articles about Croatia. Her lush deserted bays, as well as the luxurious towns attract the international jetset that fill the harbour of Hvar town in the summer with mega-yachts. The project Male Rudine encompasses 12 very luxurious villa’s in natural stone, with private swimming pool and great view over the sea from the house and the garden. Prices start at € 400.000. Delivery date: projects almost finished, a few villa’s still for sale. click à here (with new pictures of the site)
Olyntha Resort on the island of Solta
Townhouses/duplexes on the island of Solta. Situated in the harbour bay village of Stomorska. The project encompasses a range of different types of attached villa’s with garden and private swimming pool, just a few steps away from the sea and pebble beach. Investors fixed price for all villa’s(!): € 265.000. Delivery date: end of 2008. Sales has just started!. click à here
Punta Scala Resort nearby Zadar
This first new ****+ wellness resort in Croatia is being developed on a private peninsula in the sea, overlooking the Kornati national nautical park. Construction is in full swing and is arousing serious interest from all over western Europe. It is now time to reserve your best position in the resort. Drawings, building specs,interior programme, mortgages, rental programme, property management and other high standard services that are available can be viewed on the website www.puntascala.com. Half June the first showroom apartment will be ready for viewing and we are happy to present you with special offers for a visit to the site. Click here to download the 3d movie. The resort will be built in two phases. First phase: 5-star hotel with wellness centre, 178 apartments, 28 villas. Most of the villa’s are situated at the sea with gardens ending in private beaches. Prices apartments: from € 150.000. Prices villa’s: from € 1 mln.
Apartments in Rogoznica
The idyllic town that is attracting ever more attention over the last years. Its Marina Frapa was voted best marina of the world last year (www.marinafrapa.com). On a hill directly next to the centre with its long boulevard, with view over the whole lagune, the first apartment buildings of this project are being build.
Prices start at € 80.000 (40 m²), delivery date: first buildings are already finished. A few apartments are still for sale. click à here
Top apartments near the town of Marina
Situated just 10 minutes walking from the bay village of Marina, 10 minutes driving from the airport Split, and 30 minutes from 2 UNESCO world heritage sites and 2 national parks. The apartment building, with different types of apartments, will be constructed on a hill overlooking the magnificent Marina bay and the open sea. Construction will start this fall.
Prices start at € 95.600 (51 m²) to €158.000 (84 m²). click à here
Vidal, sea view apartments in Novigrad
Two villa-shaped apartment buildings with different apartments, 50 m² to 109 m². Very interesting prices for this rapidly growing tourist region. Prices start at €95.000 (50m²) to €195.000 (108 m² penthouse). click à here
Bistrica, unique terrace apartments with swimming pool on the island of Brac
In the holiday town of Sutivan this apartment building will be built. Near the town centre and very close to the shore, these apartments will offer great letting potential. Brac is one of the biggest islands in Croatia hosting some of its most famous touristic sites. The island has an airport, hospital and several towns. The diversity in scenery, valleys and beaches, makes this island one of the most attractive destinations Croatia. From the swimmingpool you will have a view to the coast of Croatia.
prices: € 180.600 (82 m²) to € 205.000 (92 m²). click à here
Off plan special
Demand for the new ‘côtes’ of Europe is increasing even faster. Developers are reacting to the new demand and are rapidly building up the last pieces of unspoilt coastline. Despite the fact that Croatian tourism increase is amongst the most spectacular in Europe, there has not been a lot of new construction development going on in this sector. New, strict, ecological laws are preserving Croatia’s biggest treasure. The launch of the first resorts, that respect these new environmental laws, is exploding Croatia back to the list of top destinations in the world for second home real estate.
Among all the projected developments, there are a lot of unvaluable plans. But there are also a few potential success designs that are catching our eye. Middelland is, through its central position in Dalmatia, daily being offered new projects to sell to the European market. We have prepared a selection for you. Scroll down in this newsletter to see our offer.
What is off-plan?
Buying off-plan means: buying from the drawing. Project developers often try to minimize their financial risk exposure by starting the sales before the construction starts. As there is no ready-to-show product in this phase, there is mostly a price benefit to the purchaser. Also, when buying off-plan, you are paying the prices of today for something that is finished next year. In a fast rising market like Croatia you will this way make your first yield on delivery of the building.
Advantages of purchasing off-plan
- Less purchase costs: in most cases you only pay the real estate transfer tax (5%) only on the land part of the property. Most of the times you also don’t pay the agent fee (this fee is usually included in the sales price).
- More choice within a project: you can find the property of your choice with different budget in the same resort. This gives you more possibilities to weigh your choice.
- Mixed use: this concept is gaining more popularity world wide. For buyers, as well as holiday goers, there is a growing demand for leasure, wellness, restaurants and bars within reach or as part of the domain. The combination of hotels, apartments, villa’s and dining and wining offers better letting possibilities.
- New buildings are designed to cater to the needs/demands of ‘new’ buyers: larger terraces, swimming pools (this often hard to find in Croatian real estate).
- It is often possible, in accordance with the developer, to alter the layout of your property before it is built.
- Easy maintenance and cost saving thru the larger number of equal apartments and cost effective property management.
- Shared cost for swimming pools etcetera make a relatively cheap apartment interesting for letting.
- New apartments are better for letting as they comply with all demands, i.e. no leaking roofs or taps. This is important for people who demand perfection on their only holiday per year.
- New property usually offers guarantees for the different constructive elements
Payment by instalments until the date of delivery
You are doing business with a company/developer; this itself has some advantages:
- straightforward handling of contracts. All is organised transparently
- when the developer is a VAT-active company, you can, when buying through the company route (see how to buy in Croatia) reclaim the VAT that is already included in the asking price. This is 22% on the building part and 0% on the land. In average this is 15% that can be reclaimed.
Croatian properties – an investment opportunity
If you do not want to worry about your overseas property during those off-season months, we can offer you property management facilities.
Middelland can, through its network of large and small companies in Croatia, assist you in setting up the right letting, guest, and maintenance services. This is the ideal way to maximise the potential of your Croatian property while you are at your home abroad.
Middelland can, through its network of large and small companies in Croatia, assist you in setting up the right letting, guest, and maintenance services. This is the ideal way to maximise the potential of your Croatian property while you are at your home abroad.
Punta Scala Resort – reserve your apartment or villa now!
The construction of the first new ****+ wellness resort in Croatia has started. It is already possible to reserve your favourite spot in this development without the obligation to purchase. Drawings, building specs, interior packages, mortgages, rental and maintenance plans and a vast assortment of services that this resort will offer are outlined in detail on the website www.puntascala.com . A showroom apartment will be ready in March. If you are interested in Punta Scala resort or other Croatian properties, we would be happy to make an appointment with you to answer all of your questions. Please call us at: +31(0)207725652
Second Home Fair 16th – 8th March 2007
We have had the opportunity to meet many of you in person. For those who would like to know the faces behind Middelland we will have a stand on Europe’s largest second-home real estate fair in Utrecht, 16th – 18th of March. At this fair we will exhibit all projects and information from our current portfolio of Croatian coastal real estate. We would like to invite you to this fair to meet personally. If you are interested in visiting this fair, please let us know and we will send you a free entrance card.
Mortgage!
- Citizens of the United Kingdom have been able to secure Croatian mortgages for some time now. This prospect has now been extended to inhabitants of European countries, such as Belgium and the Netherlands. As mortgages for foreigners are still uncommon in Croatia, it is possible for investors to capitalize on this growing market. For foreigners looking to secure a mortgage in Croatia, however, interest rates are relatively high.
To summarize, Croatian mortgages generally offer :
Possibility to finance: 70 % of the sales price and costs of renovation up to a maximum of € 400,-/m²
Interest rate of 7,75% on Euro’s
Variable interest per year
Duration of 1 to 20 years
Looking back at the summer
While Croatia prepares for the winter season, a quick look back to the busy summer season uncovers yet another successful year of growth and development in Croatia. Tourism was on the rise again over the past year. The laws which prevent new developments along the coastline still remain in force and as such, few projects along the coastline are underway. Construction for new golf resorts and a few development projects along the coast will start next year, but will respect the environment and local landscape. It’s still not possible to build new homes along the coastline. Existing homes on the coastline are therefore becoming precious commodities- especially in regions such as Dubrovnik (south) and Opatija (north). On the Dalmatian Islands and locations further from the coast, prices are much lower.
Property management
If you do not want to worry about your overseas property during those off-season months, we can offer you property management facilities.
Middelland can, through its network of large and small companies in Croatia, assist you in setting up the right letting, guest, and maintenance services. This is the ideal way to maximise the potential of your Croatian property while you are at your home abroad.
Middelland can, through its network of large and small companies in Croatia, assist you in setting up the right letting, guest, and maintenance services. This is the ideal way to maximise the potential of your Croatian property while you are at your home abroad.
Renovations
Due to the high demand for rennovations of real-estate projects from our clients, Middelland has formed an alliance with a team of young architects with experience in renovations and interior design of private villa’s in the whole of Europe. This team draws up preliminary designs in cooperation with clients. A quote is then offered once local partners have been approached for the build. Once the client has approved the quote and final design work is carried out under the guidance of our partner engineer, located in Split. This is all done without clients having to go to Croatia.
In this way there should be no obstacle to buy and renovate that beautiful old stone house by the sea….
In this way there should be no obstacle to buy and renovate that beautiful old stone house by the sea….
Prices
Croatia is an attractive country in which to own property due to its beauty, developped infrastructure and relatively low real-estate prices. Prices of Croatian real-estate has been been on the rise and is closing in on price levels of other European countries. Prices often increase rapidly during the summer months, when more attention from the world is focused on this extraordinary tourist destination. The following table illustrates average market prices:
Source: CREN Filipovic Advisory ltd. Zagreb
Prices of Croatian real-estate are rising most in cities like Dubrovnik, Opatija and the central Dalmatia region.
If you are interested in purchasing Croatian real-estate as an investment, we generally advise that you enquire about newly built property with high building standards as they tend to offer the best value for your money.
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