MONTENEGRO TO APPLY FOR EU ACCESSION BEFORE 2009


Montenegro is to apply for full candidacy of the EU before the end of this year, according to the country’s prime minister Milo Djukanovic.Speaking at a press conference in Bosnia last week, Djukanovic said: "We are trying to agree on a compromise in talks with France and achieve what Montenegro has planned - to apply for a candidate status by the end of the year. We have got full satisfaction after declaring independence: we have strengthened stability and come closer to our European goals."Mr Djukanovic said that he believes EU status will reflect the increased social, political and economic stability achieved in Montenegro since 2006, when the country won independence."One of the biggest strengths put forward when I was recommending Montenegro as an investment destination in 2007, was its path toward recent accession into the EU,” said Liam Bailey, chief market analyst for overseas property portal Property Abroad. “This has had a massive effect on other property markets in the region: Bulgaria and Estonia are prime examples; their property markets exploded after EU accession with price rises of up to 30% being regularly recorded. It was anticipated the Montenegro would achieve full membership in 2009, if it can do so before it all the better."Ivan Dasic, director of Eastern Europe and Russia for estate agency Montenegro Prospects, agreed and said that just the intention of joining the Union will help reassure cautious investors.“This will definitely have a positive effect on the market here, particularly for out Russian clients,” he said. “This would assure them that Montenegro is not just some small Balkan country and is part of a stable EU. This has been holding many back. In the financial crisis at present, people are waiting for the bottom to reach the market before jumping in. This will help prices take off again and give us the edge, especially with potential Scandinavian, German and French clients. They like the security of the EU.”

Le Méridien Lav hotel receives three World Travel Awards


Le Méridien Lav hotel in Podstrana near Split won three prestigious awards at the 2008 World Travel Awards for Europe event held on 15 October in Slovakia.The hotel was named Europe's Leading Conference Hotel, Croatia's Leading Hotel and Croatia's Leading Spa Resort.Located in Podstrana, eight kilometres south of Split, Le Méridien Lav has 381 rooms and suites, eight restaurants and bars, a casino and a nightclub. With an area of 2,900 square meters, the hotel’s eight conference and banquet facilities are the largest on the Adriatic coast. The hotel's Marina Promenade features shops, restaurants, bars, and cafés, and the Yacht Marina can accommodate 60 yachts. The Diocletian Spa and Wellness Centre includes an indoor pool, saunas, steam baths and whirlpools.The hotel won awards in all categories in which it was nominated. Hotel representatives said that the Croatia's Leading Hotel and Croatia's Leading Spa Resort awards were especially important since most of their guests were Croats.Ivica Kurtovic, who has an interest in the hotel, said: "When I decided to buy and renew the hotel, I said many times that it would be one of the best hotels in Europe. Many people doubted that, but we have received confirmation that it is."Graham E. Cooke, the founder and President of World Travel Awards, said that the awards, often described as the "Oscars" of the travel industry, had acquired a global reputation in the area of helping encourage quality offers to customers and excellent business performance.The winners of the 15th World Travel Awards were chosen by travel agents around the world.

No credit crunch for upcoming markets (2)

The Croatian economy is affected by the worldwide credit crunch, but is still scoring much better than Europe in average. Although the economy looks set to continue slowing during 2008 and 2009: industrial production and retail sales are already weak, credit growth is sluggish (given the 12% nominal administrative limit imposed by regulators) and the international environment is not doing great either. At the same time, inflation appears, as expected, to have peaked in July and should end the year slightly higher than 5.0% yoy. The recent drop in oil prices is a key factor behind this scenario. In the meantime, however, the current account deficit should widen to approximately 10% of GDP this year as the impact of higher oil prices in H1 2008 and a widening income deficit on profit repatriation and higher interest payments feed through. Hence, there is no prospect of looser monetary policy settings in the near term. Nonetheless combined FDI and medium and long-term credit inflows will comfortably cover the current account balance.
Thus, the kuna will remain exposed to appreciation pressures.

Check out this report from Bank Austria with the latest update from Croatia's economy

Experience Haute Cuisine at its funkiest & lose yourself in sensory pleasure...


We just found this amazing new place in Dubrovnik!


WITH 6,000 bottles, 400 labels, and a Romanée Conti 1990 at a mere $9,572, choosing what to drink at Gil's, the newest swanky restaurant in Dubrovnik, is a mesmerising and potentially bank-breaking experience. Starters include sardine sashimi, king prawns, scallops and duck foie gras, while mains feature lobster, squid, red snapper, veal and pigeon - all delivered in a prime spot nestled in Dubrovnik's medieval fortifications by the tiny harbour. Music floats down from a “pop lounge” strewn with purple bean bags, waiters whisk cocktails to tables set with bonsai trees, and the elite dine in discreet alcoves, hidden by lilac drapes. Dubrovnik has come a long way since bombs rained on the small, pretty city during the civil war in the 1990s. But it has not taken long for tourists to return, attracted by its fabulous cathedral, monasteries, higgledy-piggledy old houses,limestone streets, gorgeous nearby islands, beaches and classical music festivals. Last year 4.5 million people came, almost up to pre-war figures. Large groups of cruise passengers, mainly prevalent in the morning, have not spoilt the picturesque surroundings, which have acted as a magnet for the style crowd - GQ was holding a fashion shoot on my visit. Upmarket hotels such as Pucic Palace, and the Hotel Bellevue have opened and more places such as Gil's - which has the biggest wine list in Croatia - seem inevitable.



Wet op aankoop van onroerend goed in Kroatië nu in lijn met EU

Kroatië verwacht een toename van buitenlandse onroerend goed aankopen nu een nieuwe wet, vooruitlopend op de EU toetreding, zowel de aankoop als verhuur vastgoed door buitenlanders zal vereenvoudigen.

Momenteel moet elke onroerend goed aankoop door een buitenlander in Kroatië worden geverifieerd door het ministerie van justitie. De toestemmingsprocedure is slechts een administratieve formaliteit maar wordt beschouwd als een vertragende hindernis. De wetsaanpassing, zal deze procedure omzeilen, waardoor EU inwoners gelijke rechten hebben bij de aankoop als Kroatische burgers. De wet, die per 2 februari 2009 in werking treedt, behoort tot de laatste hoofdstukken die Kroatië doorloopt op de agenda naar EU toetreding in, naar verwachting 2010.

A look at Hvar by New York Times




In their new resort report series, the New York times looks at Hvar, Croatia and get the lowdown on the best places to eat and stay

When I first arrived in Hvar Town, I almost wondered if the ferry from Split had taken a wrong turn and I’d ended up in EuroDisney. The small harbourfront town is almost too picturesque to be real; shiny cobbles, a central square dominated by elegant Venetian architecture lined with white-canopied cafes and a village of terracotta-roofed houses and tiny streets clustered up the hill behind.
It’s long been the hippest resort in Croatia – Roman Abramovich likes to cruise into town on his mega-yacht, and local hero Goran Ivanisevic is a regular at the Carpe Diem bar - but moves are afoot to create a glitzy five-star playground to rival the likes of St Tropez.
Most of this is down to one hotel chain, Suncani Hvar who have recently been taken over and are now investing massively in the nine hotels they own on the island. Gone (or going) are the simple two and three-star accommodations, to be replaced by sleek design hotels with cocktail bars and wi-fi internet access and Ibiza-esque soundtracks on a loop.
Two have opened this summer – the Riva and the Adriana – both members of Small Luxury Hotels of the World and already changing the profile of what had been a fairly egaliatarian tourist mix. Walking along the harbourfront I heard American backpackers, German families, clusters of mini-skirted Italians. But mostly I heard the sound of money; groups of bronzed young things knocking back Camparis and discussing their day’s sailing at the Café Plajca on the harbourfront.
Hvar is an evening town; as with most Croatia resorts, it does suffer from a lack of decent beaches. If you’re feeling lazy, you can stroll down, past the Riva and Carpe Diem and on round the harbour to a small shingle beach close to the Dalmacija hotel. But the best plan is to join the crowds of Croatian holidaymakers who hop on the regular boat taxis to the Pakleni islands – about 30 glorious minutes of drifting across a sea with the clarity of cut glass.
As the sun begins to set on Hvar Town, the real action begins. For many, supper is just a pitstop between early even cocktails and late-night drinks, but the vibe is laid-back and there’s little in the way of clubbing. The late night action centres around Carpe Diem which combines an elegant terrace with low, rattan sofas with a cosy lounge bar all housed in a beautiful Venetian mansion. It’s definitely worth a visit, but I preferred Zimmer Frei, to the right of the main square, smaller, cosier and offering the chance to lounge on white sofa cushions in the tiny street and sip excellent Caiprinhas away from the hordes.
But perhaps one of the simplest pleasures on Hvar is taking part in the evening passagiata – with that must-have accessory, an ice-cream. The Slasticarna (the Croatian equivalent of a gelateria) served me up a fantastic combination of pistachio and chocolate, which I ate strolling between lascivious Italian couples and groups of Croatian holidaymakers. Beautiful place, beautiful people, beautiful ice-cream. What more can you want from a holiday?
The Riva is the flagship of the Suncani Hvar chain, and it is sleekly elegant. Rooms are the usual melange of creams and cool browns, glassfronted bathrooms, rainshowers and wi-fi access. The real draw is the elegant harbourfront terrace, all cubist sofas and apron-clad waiters bringing expertly mixed Manhattans against an Ibiza-at-sunset soundtrack. Doubles from £130, but you’ll be lucky to get one of the standard rooms with a harbour view.
The Adriana

The Adriana is the latest of the revamped hotels to open, located on the opposite side of the harbour to the Riva. Standard rooms are small, but there’s a gorgeous rooftop terrace with suitably squidgy day-beds, and the restaurant terrace at the front of the hotel does a tip-top shrimp risotto, with a good side order of people-watching. The Sensori spa offers all manner of treatments (there are outdoor massage cabanas) and something called a Mindfulness Walk. There’s a rooftop seawater pool that provokes just one question – why on earth did they build it indoors? Doubles from £185 per night.
The Podstine
There are a few options besides the Suncani Hvar sleekness. The Podstine is a fifteen-minute walk from the main square, right next to the pebble beach – being a short way out of the action can be a good thing if you’re after a little peace. Doubles from £95, B&B.,
If you can’t drag yourself away from the gorgeous pine-fringed beach on Palmizana and feel like missing the boat back, there is a fantastic place to stay – the Pansion Meneghello tel. 21 717 270, has bungalows and villas, set among the trees, from around £30 pp per night.
WHERE TO EAT
Restaurants: Eat anywhere on the main square or harbour and you’ll pay top dollar for a standard – at best – choice of fish, grilled meats and salads – and at worse, overpriced lazy dishes. Yet head just one or two streets behind and there are plenty of excellent options. Petra Hektorovica, an alleyway just behind the main square is home to a couple of good options; Macondo (21 742 850) has long been popular and is pretty top-end (and you’ll have to reserve to get a table in high season) but if you like a starched tablecloths (and I do) and a slab of perfectly grilled swordfish with a zingily fresh salad, then it will hit the spot. Dinner for two from £40.
Staying on Hekotorovica, avoid the overly-praised Luna, and head instead for Zlatna Skoljka (98 168 8797), one of Croatia’s only ‘slow-food’ restaurants – which basically means good traditional food that appears at your table in its own time. All the more time to knock back a glass or two of Malvasia (good Croatian white wine) before tucking into goats cheese in olive oil and a succulent lamb stew. Seriously yummy but, being Hvar, not cheap – approx £50 for two. There are simpler options. I stumbled upon the Gostiona Kod Matkovica on a small square (Anton Markovic) just behind the Riva. It's rustic, authentic and wonderfully cheap; a vast platter of mussels, glass of local wine and cost about £8.
More info: http://www.tzzadar.hr/
Beach: The nearest thing to a beach is on the outlying Pakleni Otoci, a pine-forested archipelago buffering the town's harbour, £4 return by water taxi. The best beach is on Parmizana, with sandy stretches flanked by restaurants, its small bay dotted with yachts mooring for lunch. Idyllic, and reasonable: a four-course meal including buttery pasta with lobster and local wine cost £12 a head.
June 21 - September 30: annual summer festival, one of the Croatian coast's oldest summer events, with concerts, theatre and folk performances from Croatian and international artists. More information: http://www.travel-2-croatia.com/
THE EXPERTS' VIEW
Michael at URBAN JUNKIES writes: Sunsets - they say that Hvar has the prettiest sunsets. Once you see the intense blue sky give way to hues of red, yellow and purple in the evening, it's hard to disagree. Lovers and honeymooners have long flocked to the island to watch the sun go down.
For our own courtship, we'd pass on the views from Cafe del Mar-esque Carpe Diem, despite its excellent cocktails and cool scene. We'd even forego the the intimate wooden shacks that make up the atmospheric Hula-Hula bar. Instead, we'd grab a container of bevanda (red wine with water), walk south along the beach to the 15th Century Franciscan Monastery and soak up the last rays of daylight in front of the cloisters.
Eating out: Make the trek to the Mekicevica beach (10 minutes by boat or 30 minutes walking on the road towards the village of Milna), a small white pebble paradise better known as Robinson Crusoe, the name of the small improvised restaurant on site. With no electricity, you're served what's available on the day, usually a feast of fresh fish and a variety of appetisers. Pure bliss.
Christina at iTRAVELiSHOP suggests:Beach - to top up your tan in style, head to Hvar’s luxury beach club, the Bonj Les Bains. The beach club is carved out from a restored 1930’s stone building and is nestled under a pine grove. Book a private cabana here for total privacy, and massages are also available.
Hotels: Hvar is steadily becoming one of the hottest European party destinations - and for good reason, with its mix of sun, beaches and clubs. But choose your hotel carefully as most are functional rather than stylish. The big exception - and the best place to stay - is the Riva Hotel, a member of Small Luxury Hotels of the World. This boutique is on the waterfront and the rooms are playful and sexy; above your bed you’ll find B&W photos of classic Hollywood icons, like James Dean. Sharon Stone, Bill and Melinda Gates, and Steven Spielberg have all stayed here. Rates start at £117.
Restaurants: You’ll have to hunt to find Macondo, located on a tiny alley just off the main square, but its well worth it to sample the fresh seafood. The restaurant is named after the town in "One Hundred Years of Solitude,” and the décor is understated, with stone walls, a few pieces of modern art and simple white tablecloths. Order the catch of the day or the gregada, a thick seafood soup. (2 blocks north of trg Sv Stjepna, Hvar Town. 021/742-850.
If you’re looking for something more casual, try Menego. Some of the best dishes are marinated anchovies, octopus and chickpea salad, figs stuffed with almonds, and Dalmation ham, which is smooth and buttery. The chic set heads to Luna (1 Petar Hektorovića, Hvar town, Phone 385 21 741 400). The food is classics with a twist, like shrimp gazpacho and smoked salmon.
Nightlife: Some of the city’s best clubs feel like they have been imported directly from Ibiza. Carpe Diem is the biggest and best known, and has white slip-covered day beds and internationally known DJs. Expect a Euro-glam crowd, so pack your white jeans and D&G shades. If you’d rather hang out in a more casual bar, try Kiva off the main square which is favoured by the locals (and where bartenders are known to throw tequila at you). If it’s after hours (say 3am) and you want to keep on partying, try Veneranda, a nightclub that’s housed in a former monastery. The club is located in the midst of pine groves on a hillside overlooking the harbour.
Michael at iESCAPE writes: Hotels - our favourite is Hotel Podstine, a romantic seafront hotel and restaurant in a secluded bay, with tables right next to the water, and a swimming pier with steps. It's 20 minutes' walk (or a short taxi-boat ride) along the coast from Hvar.
Beaches: We particularly like “Robinson beach” which is halfway to Milna along the coastal path (about an hour's walk). It has a café and sandy seabed, though the beach itself is pebbly. On the way to Robinson (40 mins' walk) you pass Pokojnyi Dol beach, popular and good for children. If you continue walking to Milna (or take a taxiboat), about 750 metres before Milna, a path leads to a spectacular beach below a cliff, one of the most secluded on the island. On Palmizana, one of the offshore islands served by taxiboat, there is a small sandy beach (the only sandy one in the area, hence it can get crowded) and a wonderful fish restaurant, Zori, which serves the best scampi buzara. They also have cabins for staying overnight.
Restaurants: Our favourite is Leporini, on a lovely Venetian street in the Groda. They serve fantastic fish, grilled or gregada, and seafood dishes, including octopus salad, black risotto made with calamari in its ink and wine, and seafood spaghetti. If you go out of season you get trad peasant food e.g. bean dishes or roast lamb, which is best ordered in advance. Another speciality is octopus "peka" (or "hobotnitsa") which is cooked "under the bell" and needs 24 hours advance notice. The best place for this is Panorama restaurant, reached by taxi. Make sure you get there before sunset to enjoy the spectacular views from the terrace. If your hotel cannot order the peka for you, go to the town tourist office and ask them to ring on your behalf.
The best out-of-the-way place is the restaurant in the almost abandoned village of Malo Grablje, run by the Tudors. It’s only been open a couple of years; everything is home made and the husband and wife team running it are extremely hospitable. You can get wild boar in season. Electricity is from a generator. It's closed in winter, and taxi drivers are not very keen on driving there on account of the gravel road from Milna; it is essential to pre-arrange pick-up after dinner.

How Hvar got hip




Stylish hotels have never been Croatia's strong point but one island has
given its accommodation a radical makeover. Annabelle Thorpe reports
The Observer, Sunday May 18 2008 Annabelle Thorpe


Strolling into Hvar Town in the late afternoon sunshine, for a moment I feel as though I have arrived in the middle of a tourist board photo shoot. It looks too brochure-perfect; the polished cobbles of the piazza gleam in the rich sunlight, chisel-jawed yachting types and blondes in skimpy frocks curl up on rattan sofas beneath pristine white parasols, sipping cold beers and caipirinhas that come with neat heaps of roasted almonds and a Café del Mar soundtrack. A cluster of terracotta-roofed houses clambers up the hillside behind the harbour, opposite a glittering sea stretching out to some hazily blue islands.
Blessed with a picturesque natural harbour, elegant 17th-century piazza and a striking Renaissance cathedral and arsenal where ships once docked for repairs (now a modern art gallery), the island of Hvar has always been one of Croatia's biggest draws.
Beyond Hvar Town, the rest of the island is relatively untouched by tourism - a few sleepy villages dotted among the lavender-clad fields that colour the island mauve in summer and infuse the air with the shrub's sweet scent.
Yet until recently Hvar Town suffered, as does much of Croatia, from accommodation that was average at best. Hotels, though affordable, tended to be either the standard 1970s horrors so beloved of Croatian architects, or a clutch of properties around the harbour in Hvar Town that had seen better days.
Nine of the island's hotels were owned by one company, Suncani Hvar, but when that company was bought by a group of investors a few years ago, with an eye to Hvar Town's massive potential, things began to change. One by one, Suncani Hvar's hotels have been closing, then reopening as sleek boutique properties - with prices to match - that are luring the kind of crowd who normally holiday on the French Riviera. The first three refurbished properties, the Riva, Adriana and the Amfora - a more family-friendly resort with a state¬of-the-art spa - have recently reopened. Next year will see the relaunch of the Pharos and the Palace, which looks out over the main piazza and was the first hotel on the island.
I check into the Riva, open my shutters, and lean out to look across the glistening yachts to where the sun is just beginning to droop. My room is cool and sleek, in grey and muted reds with an open-plan, smoked-glass bathroom. It's the kind of room I'd expect to find in a design hotel in Barcelona or Berlin; a familiar format, pulled off with some panache. It's just a little unexpected to find it in Croatia.
The hotels certainly bring a much-needed injection of style; the Riva's bar and restaurant, both on the waterfront terrace in front of the hotel, are very Ibiza-chic; cubist sofas in varying shades of brown, sunglasses de rigueur - particularly after dark. Next day I drop into the Adriana, with its sleek cocktail bar on the ground floor and a roof terrace - cabanas flowing with white drapes, sumptuous day beds and an inviting pool - the kind of place that wouldn't look out of place in a sleek interiors magazine. The flipside of this boutique hotel development is that it is bound to change Hvar. It has always been the playground for the Croatian elite; Wimbledon winner and national darling Goran Ivanisevic likes nothing more than to sail into the harbour in time for sundowners at the super-cool Carpe Diem bar, while Roman Abramovich has been known to drop by on his yacht.
But Hvar Town is an egalitarian place; that evening, eating supper on the main piazza, I hear German families bickering, Euro-aristos braying, American backpackers and Brit yachties debating which bar to visit for late-night drinks.
Until now, simple pensions and affordable hotels meant it was accessible to everyone, but as the chic hotels start to dominate, smaller properties are struggling to compete. A few independents, such as the charming Hotel Podstine, a short walk from Hvar Town, remain, but their numbers are dwindling.
For now, at least, the town retains an appealing mix of its simpler past and more glamorous future. Days are spent on boat taxis, drifting off to the unspoilt beaches on the nearby Pakleni Islands or the tiny coves that dot Hvar's coastline. And as the sun goes down and Hvar Town really comes alive, there's still a choice of how to spend your evening; reassuringly touristy restaurants on the main piazza or sophisticated eateries such as Luna, tucked away in the cobbled alleys, where sea bass comes roasted to perfection in olive oil and capers.
One evening, I sat among the beautiful people at the Riva hotel, sipping a cocktail, then slipped into the backstreets for supper at a konoba (a traditional restaurant serving simple, local food) where a plate of mussels, salad and a cold beer cost almost the same as my earlier Cosmopolitan.
But the change is unstoppable; talk is of Hvar becoming the new Cannes and as more hotels get a stylish makeover, this looks increasingly likely. This summer the crowd stepping on and off the boats to the Pakleni Islands will be a little glitzier. Go now, before it becomes the exclusive preserve of the Euro-elite.
A message from the Marina's: come to Croatia and see the land from the sea:



Last available sailing boats for 2008 :

Period 19 july to 26 july (1 week)
Bavaria 32 (bj.2005) 2 cabines, 4+2 beden, rolgrootzeil Normaal 1.400,- euro NU 1.250 euro !!!

Periode 2 aug tot 9 aug (1 week)
Bavaria 33 (bj.2007) 2 cabines, 4+2 beden, rolgrootzeil Normaal 1.750,- euro NU 1.499 euro !!!

Periode 9 aug tot 16 aug (1 week)
Bavaria 30 (bj.2006) 2 cabines, 4+2 beden, rolgrootzeil Normaal 1.490,- euro NU 1.299 euro !!!

Periode 9 aug tot 16 aug (1 week)
Bavaria 33 (bj.2007) 2 cabines, 4+2 beden, rolgrootzeil Normaal 1.750,- euro NU 1.499 euro !!!

Periode 9 aug tot 16 aug (1 week)
Vektor 36 (bj.2007) 3 cabines, 6+2 beden, grootzeil Normaal 2.350,- euro NU 2.090 euro !!!

Bovengenoemde prijzen zijn inclusief: zeiljacht met standaard voorzieningen zoals een inventarislijst, bedlinnen, keukendoeken, water, 2 gasflessen, eindschoonmaak,
dinghy, bimini/buiskap, GPS, elektrische ankerlier. Optioneel: buitenboordmotor: 80 euro per week. Excl.Transitlog : 60 euro. (boordpapieren, verzekering etc)
Vraag naar uw mogelijkheden betreffende flottieljeplaatsen voor bovengenoemde zeiljachten!!

De allerlaatste flottielje-plaatsen voor 2008 :

Start 14 juni - 21 juni -28 juni (enkele plaatsen)
Start 5 juli (1 plaats)
Start 2 augustus (1 plaats)

De allerlaatste plaatsen meezeilvakantie voor 2008 :
12 juli tot 19 juli : 6 plaatsen (Bavaria 37, bj.2006)

2 augustus tot 9 augustus : 4 plaatsen (Bavaria 37, bj.2006)

2 augustus tot 16 augustus : 2 plaatsen (Bavaria 39, bj.2006)

Prijsoverzicht:
Deelname 1 persoon : 425 euro pp
Deelname 2 personen : 399 euro pp
Deelname 4 personen : 375 euro pp
Deelname 6 personen : 350 euro pp

Home Cam Online - Keep an ‘eye’ on your property 24 / 7

Keep an eye on your property overseas with these plug-and-play camera's. No laptop necessary, no open internet connections. View your house at any time from anywhere in the world. Starting from 799,- for a full set.

Do you get nervous when you lock the door of your seaside apartment, knowing that you won’t be back for a long season? Do you also have the need to check on your property after reading about a heavy storm in the winter?

Home Cam Online offers what everyone with a second home was asking for: the possibility to permanently check on your property. With Home Cam Online you can do this, without having a computer running there all the time. The system brings you directly to your house over a simple internet connection. Whenever you want. Thát is complete peace of mind.

How it works
Choose one of the plug-and-play camera sets. Install the camera on a strategic position: outside your house facing the front door, or inside the house; or both!
Connect the camera to the router (included in the kit) and plug the router in your phone line in the house. It’s as simple as installing a lamp.

The camera stays idle until movement is detected. You, wherever you are in the world, will be notified by SMS, MMS, email and the camera will start recording. You can access the camera, or the recorded data, by simply logging on to your Home Cam Online internet account.




Investment opportunity: buy to renovate and keep the additional landplot in front



A great investment opportunity on Solta island:

1. buy the house
2. buy the (old residential zone building-land) landplot in front
3. renovate the house (make two duplex villa's or 4 apartments, the contstruction is very good, the program is already clear, it only needs a new design with new bathrooms, kitchens and finishings)
4. sell the apartments or houses and make your first profit
5. keep the land in front to build a new house or sell this land in a few years with profit

Location: Maslinica (a lovely fishertown, the most visited and most beautifull village on the island)
Current status of property: house with apartments, excellent constructive condition
Total living area: 250 sqm
Land plot: 500sqm + possibility of buying an additional piece of land (530sqm)
Distance from the sea: 80 m
Infrastructure: all present

About the property: This house is a good investment opportunity consisting of 4-apartments with a marvelous sea view. The apartments are situated on two storeys and all of them have the sea view. Each apartment has a kitchen with the dining room, two rooms, two balconies and a bathroom. The house has the basement and four parking spaces. The furniture is included in the price.
If the property is bought with the above mentioned piece of land, the price is 380.000 EUR.
Features: marvelous sea view, terraces, garden, close to the beach, parking lot for 4 cars, furnished
Price: 310,000 € or 380.000 euro with the landplot in front

The short movie here shows the coast with the villa in the back.


VALENCIAN UNSOLD PROPERTY TO BECOME SOCIAL HOUSING

It has never been more important to look at real growth rather than have emotions take the overhand in the decicion the country to invest in. Everyone who spends only a few weeks per year in his second home is an investor (a 'belegger'). Europe's tectonic plates are shifting quicker than ever and what always seemed a sound investment and a country that was so familiar to us now looks bitter. Our advise: do the homework, compare the prices, check the good old system of offer and demand. This article below was published on the OPP (overseas property professional) website explaining what can happen with a house abroad.:

VALENCIAN UNSOLD PROPERTY TO BECOME SOCIAL HOUSING

Valencia’s Generalitat regional government has asked the central government in Madrid for permission to introduce regulations enabling it to sell some of the thousands of unsold properties lying empty in the region as VPO or social housing.VPO, (Vivienda de proteccion official) classed property is offered to first time buyers, or people on relatively low incomes, subsidised by developers and government as way of helping certain sections of the community onto the housing ladder.Valencia’s regional councillor for housing, José Ramón García Antón, met with national minister for housing Beatriz Corredor, to discuss the proposal, which would initially offer some 10,000 properties under the VPO scheme with price reductions of around €15,000. The subsidised stock would only be available to households with a combined income of under €45,000 per year. Certain VPO projects in Alicante for example are only available to families earning under €20,000 per year.Reports vary as to the amount of unsold stock on the Spanish market, however according to CB Richard Ellis the figure stands at one million, with 50,000 – 100,000 of those located across Valencia. A recent report published in El Pais supports this and suggested that one third of the 1.8 million properties built in Spain since 2005 remain unsold.


Increase in interest

Analysts believe that as more stock languishes on the market, and developers struggle to find investors to take this up, more projects will be reconfigured to accept VPO buyers.“There are some advantages for VPO projects (Vivienda de proteccion oficial) for developers,” said Charles de Ros Wallace, director general of Spanish-based CAM Bank. “This means that the end buyers are subsidised if they buy a VPO house and therefore we are going to see some developers reconverting certain developments into VPO projects throughout 2008. This will take off, dependent on the price that the government establishes for VPO, and if it is economical for the developer.”One of Spain’s largest developers, Martinsa-Fadesa, has already taken this step and is offering 47 units in its Costa Esuri project in Ayamonte, Huelva to domestic first time buyers after an approach by the region’s Socialist government.The arrangement with Ayamonte City Council will offer “advantageous financing conditions” to young professionals under the age of 35 who are on low incomes and residents in the area. Those eligible can rent the property at €450 per month after which time they can buy the property at the same monthly rate fixed for five years.

Porto Mariccio golf resort in Croatia




Porto Mariccio is a new development, to be built on the west coast of Istria, Croatia, with an opening date of 2009. Consisting of a Kempinski-run hotel, apartments, a 350-berth marina, and a Jack Nicklaus golf course, this is an ambitious investment of EUR 207.6 million.


Nicklaus course engineers are already on site, working on the design of the 18 hole course, with club house and golfing academy. Nicklaus joined with AB Maris to make this magnificent dream come to fruition.
(It is no mean accomplishment. A golf course planned for the medieval hilltop village of Motovun was stopped in its tracks, because local land-owners hiked up the price, thinking foreign developers would be willing to pay… but the developers simply walked away – for now at least! Investors should beware of some land-owners who try to drive-up land prices beyond what is reasonable. Croatians acknowledge that this is happening, even for land destined for private villas. Even so, the eventual ROI will still be attractive)
Nearby, a short distance from the complex, is another coastal development at Dragonera. This will consist of luxury rental villas and supporting facilities. So, both sites will be fully self-contained.
The Dragonera development is led by Nevio Medica, managing director of Daria d.o.o., based in Porec, Istria. His company will manage the site on behalf of Kempinski. The Mariccio site will have a five star 250-room luxury hotel, 300 apartments and 90 villas. The hotel and villas, designed by Wimberly Allison Tong & Goo, occupy 128 hectares. Kempinski also manage a huge site on the north-west coast that is currently doubling its size, combining both the existing Skiper Resort and the new Adriatic resort.
A tall man, Nevio casually exudes confidence. When he speaks he has a twinkle in his eye that immediately puts you at ease, and he has that laid-back approach found amongst most Istrian businessmen.
During my visit, arranged by Head of Istrian Tourism, Denis Ivosevic, Nevio explained the two projects, and then took me to an upstairs office where a team of architects were in the middle of a brainstorming session, working on the overall plans. Even so, they kindly allowed me to meet them as they spoke of their mammoth task. They are accompanied by an Istrian consultant architect, Davor Matticchio, based in Pula on the south coast, who is well versed in both design and the Croatian politics that influence such projects.


Nevio summed up their vision of the two projects and, referring to the Dragonera site, he gave me a single-word definition of ‘luxury’… “Space”. Though space is something we rarely think about when enjoying luxury developments, it is one of those qualities we notice when it is not there!
Denis took me on review visits to a number of hotels and, armed with this single word, ‘space’, I noticed that, in every instance, space was a salient feature, whether it was in the lobbies, corridors, or rooms. Without doubt space – the absence of objects – adds to the opulent ambience. The plans I saw of proposed villas are a conscious effort to give clients plenty of space, both inside and outside. Unlike so many lesser developments, there is no attempt by Nevio and his team to cram every square metre of land with as many buildings as possible.
Though the two projects will enhance the environment and give jobs to many people, I get the impression that the Croatian government is slow to respond to the need to keep big investments moving at a faster pace. For example, land can be cleared in readiness on both sites; on the Mariccio site this involves demolishing an existing vacation village built about 25 years ago for Croatian workers to enjoy holidays. It is already past its prime and unattractive, and will be replaced by a luxury hotel with apartments and facilities, plus the golf course. The Dragonera site only has to clear trees. Yet, consent to actually start building is being given slowly.
Onlookers might bemoan the fact that many trees will be removed to make way for building and luxury accommodation. But, this is not as environmentally bad as it looks, for other trees and plants will replace the ones that are lost. Presently, the sites have trees packed tightly together and, as any visitor will notice, Istria has extensive variagated forestry anyway. Nevio is convinced that the projects will not only provide many jobs, but would enhance the environment in a managed way, and bring in high-income tourists whose money will aid the economic growth of Istria.
It is often assumed that the slowness of officials is caused by incompetence, but this is not the case. I asked if the cause was a vestigial retention of the communistic mindset, but Davor explained that Istria was never fully communist, but governed through a ‘softer’ kind of socialism. Through talking with a number of Croatians, I discovered that the slowness of government to issue relevant certificates and approvals was due not to incompetence, but to anxiety about making mistakes.
This is evidenced by the complicated way certain building laws are written. The many laws are internally consistent, but there is never a guarantee that each separate law is consistent with each other! Thus, even if a developer gets one law right and complies with every clause, he may fall foul of another law, because its contents are not fully compatible with all the other laws. It means that the application process is agonisingly slow and complicated.
Therefore, investors in Croatia must be patient. Any attempt at rushing the authorities will not get you very far. Both Nevio and Davor simply shrugged their shoulders, their expressions displaying a knowing acceptance of their national quirks and building regulations. Patience works big dividends, so investors should adopt a more relaxed attitude and accept local conditions.
When writing travel articles, writers are urged never to use over-employed terms such as ‘stunning’, but these are stunning developments in a stunning environment. Each complex will be managed by the Kempinski group, one of the oldest hotel collections in Europe, originating in the 1800s. Even its website won the ‘Tourism Web Award 2006’.
Both sites are opposite the beautiful Brioni Islands, and yacht owners can easily find their way beyond, to Venice and the east coast of Italy, for day trips. The area is served by five airports: Venice and Trieste in Italy (from Trieste you have to drive through the southern tip of Slovenia, but this presents no problems); Ljubljana in Slovenia; Pula and Rijeka (high season) in Croatia, with shuttle times of between half an hour to two hours. It must be admitted that Pula airport is not yet up to international standards and needs sprucing-up, but it will get there when more tourists pass through its gates. (At the moment the average incoming passenger number per flight is just 108).



Brioni Islands


However, the marina at Mariccio indicates that many clients will arrive at a more leisurely pace in yachts.
Investment opportunities abound in Istria, and in Croatia as a whole. From what I have seen, Istrian developers and managers are keen to maintain the concepts of natural beauty, with a sensitive eye on wellness and environmental enhancement. And if the hive of activity I witnessed at Nevio’s is anything to go by, they are willing to work very hard to present a new Croatian presence on the international luxury tourism scene.
Look out for the launch of Porto Mariccio and Dragonera; they will be well worth the wait, as professional benchmarks for all investments of this type.


credits: story written by Barry Napier for Hotels online website.

The five golden rules for an emerging market


By Graham Norwood on Saturday, April 12 , 2008

So what makes an emerging property market? The question struck me last week on a tour of Zagreb, the capital of Croatia, which wants to be the latest country to carry the adjective ‘emerging’.Croatia is pursuing a classic route, following five golden rules for emergence.
Firstly, it is looking outwards for its property market with British, German and Spanish developers already working on office, retail and residential schemes in Zagreb and the main tourist locations of Istria, Split and Dubrovnic. Many more foreign-led schemes are expected to be started in the next two years.
Secondly, Croatia is looking outwards for small and large scale investors, too.“This entire block of apartments is being marketed solely to British buyers. We’re also considering selling later to Irish and Middle Eastern developers.
There will be new Grade A offices built, too, and we anticipate these are interesting to property funds from around the world,” explains Tatjana Tosic of Avenia Savills, the first Western estate agency to set up in the city, as she shows me around a new scheme.
Thirdly, it recognises that infrastructure is all. The airport is being enlarged, new trams are being introduced to the 15 daytime and four overnight lines, and underground car parks are planned for the centre. Motorways opened in 2004 have made Zagreb a convenient hub for business and tourism in central Europe.
Fourthly, like so many nations, demographics and geography are making Croatia stronger. It now has 25,000 new students seeking rental accommodation annually thanks to its growing universities.
Major multinationals like Siemens, Ericsson, T-Mobile and Coca-Cola have set up bases in Zagreb with more corporate relocations soon, providing demand for modern offices and executive housing.
Meanwhile there is a shortage of affordable residential accommodation for first-time buyers, producing a strong domestic rental market as young people save to purchase.
Fifthly, Croatia is setting all these specific ‘on the ground’ characteristics against a backdrop of working hard to be an international player, after years of being regarded by the Middle East and the West as a volatile, war-torn ‘separatist’ nation.
Earlier this month Nato invited Croatia to begin membership talks with US President George W Bush visiting Zagreb and praising the country for reforms. Croatia was declared a ‘candidate country’ for European Union membership in 2004 and is widely expected to become a full member within the next three years.
It’s hard not to be impressed.I was expecting Croatia to be a country that – because it had lagged behind the likes of Bulgaria, Hungary and Latvia in joining the EU – was less confident and less competitive. What I found was a self-aware country knowing exactly what to do to draw in international capital and global interest.That approach is already paying off.
Newmark Knight Frank, the real estate company based in New York and London which produces a unique quarterly residential world-price index, is already flagging Croatia as one of Europe’s best performing markets throughout 2008.
“The annual rate of 11.6 per cent growth appears to resemble something of a return to form for Croatia, after rates of house price inflation dipped below six per cent towards the end of 2005. The highest values per square metre for residential property are found in apartments in the capital,” says Liam Bailey, NKF’s head of residential research.
This is yet another warning to the established property capitals of the world not to become complacent.For Croatia you could easily substitute other countries moving to the centre stage of the global property market – Poland and Russia in central Europe, Abu Dhabi and Qatar joining Dubai in the Middle East, the likes of China, India, Pakistan and Singapore in Asia, and Argentina and Brazil in South America.
All are making major charges to win international approval for commercial schemes, and each of them has representatives trying to woo the former powerhouses of western Europe and North America for investment.
I regard that time in Zagreb as another example of those tectonic plates moving, with the world and its powers changing before my eyes.
In 20 years time things may be very different: the players we now regard as emerging are expected to be dominant forces, if not acting singly then certainly by acting together.
Arguably China and India have already moved ahead of the United Kingdom for modern office space attracting commercial investors. So it would be foolish not to see the same trend gathering pace in other property sectors too.
It’s a changing world of real estate out there. Very soon, the emerging markets will have emerged – and then the property map will really change. - Graham Norwood is property correspondent for The Observer.

Golf in Croatia

Golf in Croatia
from: http://www.brijuni.hr/, written by Robert Trent Jones, Jr.

“I met a traveler from an antique land….” Shelley’s famous poem “Ozymandias” began.

Recently I attended a golf conference on Brijuni, a beautiful Adriatic island off the Istria Peninsula of Croatia. They played a ProAm on the recently restored golf course there which had been abandoned in 1939. This was not a modern design. It was an antique. There were un-irrigated fairways flowing as nature had provided, simple tee markers on uneven but raised tee boxes, and most interestingly, small sand greens or “browns”. Sand greens have been used in hot desert locations wherever the British Empire laid out a course to amuse its colonists or provide sport for its soldiers and in oil countries of the Middle and Far East and Texas.

At Brijuni the players included the young European professionals who were charmed by this unusual game of golf. It was a step back in time before OPEC was founded in a Brijuni conference hall by third-world oil producers, before communism, before World War II, when barons and princesses played with the social elite. There are Roman ruins on the island nearby and the deer and other animals graze the fairways -- they are the mowers of the grass. There are other simple charming venues in distant lands from the rubber plantations in Malaysia to the geyser-filled lava flows of Iceland. These natural layouts simply follow the land to holes with flagsticks and an invitation for a beautiful walk.

Today when modern courses are too long, too expensive and too hard and take too much time, try an antique course where nature simply charms and stirs the golfer’s imagination of why the game of golf, in all its forms, has given enjoyment for half a millennium.

The more modern golf course variation at Penha Longa Golf Club in Portugal includes a hole played under an antique Roman aqueduct. At Cancun, Mexico, a Mayan Chacmool statue oversees your putts on a green. These are golf courses in the ruins. Will they withstand the test of time? Only time will tell.

No credit crunch for upcoming markets

According to the latest research from Colliers International, the global property consultants, there should be a slow but steady recovery in investment volumes in the EMEA region (Europe, Middle East & Africa) in the second half of 2008, following the sharp decline in transactions that resulted from the credit crunch.
In its EMEA Investment Market Overview 2008, Colliers suggests that many Eastern European countries, including Russia, Poland, Romania, Serbia and Bulgaria, are expecting even higher investment volumes in 2008 than were recorded in 2007. The volume of capital chasing investment product in Eastern European markets, says Colliers, still exceeds the supply of quality product, which has led to more forward funding and purchase of products under development. Georgi Kirov, Head of the Investment & Corporate Advisory Department at Colliers International Bulgaria, reports: “The investment market in southeast Europe currently faces a shortage of operational investment product and, as a result, many of the recent transactions are forward purchase of properties under development. In some of the schemes, investors are providing development financing as well.” The largest impact of the credit crisis thus far has been concentrated in Western Europe, most notably in the UK, which saw the greatest outward movement in yields. Mark Charlton, Director of Research Services at Colliers CRE in London noted: “the re-pricing that is occurring is likely to make UK property look increasingly attractive to investors in the second half of 2008.” According to the Colliers report, prime yields in Ireland remain among the lowest in the region, while Russia, Serbia and Croatia have some of the highest yields in EMEA. Although the yield shift has been most severe in the UK, where prime yields have increased by 75 basis points in some cases, Spain, France, Germany, Italy and the Netherlands also saw increased yields in the latter half of 2007. Jos Schussel, Leader of the Colliers EMEA Investment Business Team concluded, “Real estate markets in some countries have seen only minimal effects from the credit crunch, and leasing markets in many countries remain healthy. With a return to global financial stability and recovering economies on both sides of the Atlantic we would anticipate yields gradually improving from 2009 onwards.” Source: Colliers

Istria is in de picture. we see that everywhere. It has a bigger high quality stock of real estate on offer than Dalmatia does. And it is possible to build easier. A lot is happening in Istria: golf, equestrian developments, villa's in gated communities.


The beauteous and historically wealthy peninsula of Istria is commonly considered to belong exclusively to Croatia, and yet tiny portions of this charming and bewitching sea caressed landmass, which was, belong to Slovenia and Italy with the whole of the region having once been under Italian control.
The World Travel and Tourism Council predict that personal travel and tourism annual activity growth in Croatia will average between 7.9% and 5.5% between now and 2016, and already travel and tourism accounts for around 22% of Croatia's GDP with Istria being one of the main regions of the nation to attract international visitors.
As a result of this fact Istria - christened 'the Pearl of the Adriatic' by George Bernard Shaw - is now one of the regions of Croatia most in receipt of public and private investment. It is also the most accessible part of the nation as well, with visitors able to fly in to Pula Airport with low cost carriers such as Ryanair and Flyglobespan, or access the region by car having arrived at nearby Zagreb or Rijecka airports, Airport FVG Ronchi dei Legionari in Trst, Airport Marco Polo in Venice or Ljubljana Airport.
Rental yields rising
With talk of prices having risen by 20% in Croatia in recent years in The Guardian newspaper and some local property consultants boasting of potential 100 - 150% returns in the medium term, Knight Frank casts some further light on the situation by advising that Croatian property prices rose by 30.7 % between 2002 and 2006 and that rental yields of between 5 and 7% are possible in the most popular areas – of which Istria is very much one.
Caroline Hollingworth, Managing Director of Hollingworth & Associates, commented: “The Istrian Peninsula has become one of Croatia’s hottest property markets as it is extremely well-connected to the rest of Europe. There are superb new roads and motorways, five airports to choose from, which include low cost flight operators, and a number of new marinas and golf courses under way.
“This tourist-friendly infrastructure is ensuring that the area’s stunning coastline and beautiful countryside is now starting to truly capitalise on its potential. Ever increasing visitor numbers and Istria’s ongoing recognition as an ideal holiday destination is making it an extremely popular property hotspot. Plus the increasing tourist numbers offer immediate opportunity for rental income.”

Focus on Istria

Istria is in the picture, we see that everywhere. The reason: it has a larger, and ever increasing stock of real estate on offer. What you wanted to find is to be found in Istria: seaviews, freestanding villa, own garden, close to everything but not in the middle of it.


The beauteous and historically wealthy peninsula of Istria is commonly considered to belong exclusively to Croatia, and yet tiny portions of this charming and bewitching sea caressed landmass, which was, belong to Slovenia and Italy with the whole of the region having once been under Italian control.
The World Travel and Tourism Council predict that personal travel and tourism annual activity growth in Croatia will average between 7.9% and 5.5% between now and 2016, and already travel and tourism accounts for around 22% of Croatia's GDP with Istria being one of the main regions of the nation to attract international visitors.
As a result of this fact Istria - christened 'the Pearl of the Adriatic' by George Bernard Shaw - is now one of the regions of Croatia most in receipt of public and private investment. It is also the most accessible part of the nation as well, with visitors able to fly in to Pula Airport with low cost carriers such as Ryanair and Flyglobespan, or access the region by car having arrived at nearby Zagreb or Rijecka airports, Airport FVG Ronchi dei Legionari in Trst, Airport Marco Polo in Venice or Ljubljana Airport.
Rental yields rising
With talk of prices having risen by 20% in Croatia in recent years in The Guardian newspaper and some local property consultants boasting of potential 100 - 150% returns in the medium term, Knight Frank casts some further light on the situation by advising that Croatian property prices rose by 30.7 % between 2002 and 2006 and that rental yields of between 5 and 7% are possible in the most popular areas – of which Istria is very much one.
Caroline Hollingworth, Managing Director of Hollingworth & Associates, commented: “The Istrian Peninsula has become one of Croatia’s hottest property markets as it is extremely well-connected to the rest of Europe. There are superb new roads and motorways, five airports to choose from, which include low cost flight operators, and a number of new marinas and golf courses under way.
“This tourist-friendly infrastructure is ensuring that the area’s stunning coastline and beautiful countryside is now starting to truly capitalise on its potential. Ever increasing visitor numbers and Istria’s ongoing recognition as an ideal holiday destination is making it an extremely popular property hotspot. Plus the increasing tourist numbers offer immediate opportunity for rental income.”

The Best Country For Tax-Advantaged Residence & Real Estate Investment In Europe

What country combines beautiful scenery, first-class amenities, low prices and a convenient location within a two-hour flight from virtually any point in Europe? Not to mention unique tax advantages for persons who receive certain types of foreign income or a foreign pension?
The answer is Croatia—a well-known European tourist destination 15 years ago, but only now recovering from the widespread perception that it is not a “safe” country to visit.
That perception is false. When Croatia declared independence from Yugoslavia in 1991, a four-year war with Serbia followed. Although most of Croatia remained untouched by the war, the nation still suffers from a reputation as a (former) war zone. This has distracted attention from Croatia’s clear seas, the more than thousand islands, romantic fishing villages, beautiful beaches, vineyards, Roman remains and medieval towns.
Croatia occupies an area only slightly larger than Switzerland, but has a spectacular 6,000 km coastline (mainland coastline of 1,777 km and island coastlines of 4,058 km) on the Adriatic Sea with 1,185 islands, of which only 66 are inhabited. This coast is considered to be the most beautiful in Europe with innumerable bays, inlets, coves and beaches. Most islands receive more than 2,600 hours of sunshine a year. Besides a beautiful coast and countryside, there is also a rich culture to explore. On the Adriatic coast alone there are five UNESCO World Heritage sites.
Croatia is also at peace—and has been for nearly a decade. Since its successful bid for independence, it has become a member of the United Nations, the World Trade Organization, the NATO Partnership for Peace Program and is now negotiating for membership in the European Union. It is expected that Croatia will join the EU by 2010. The Constitution of Croatia establishes Croatia as a parliamentary democracy and guarantees the right and inviolability of private property. Rights acquired through capital investment are constitutionally guaranteed. Free transfer and repatriation of profits and capital are guaranteed.
Croatia’s natural beauty, rich culture and history, its low cost of living and its fiscal advantages make it one of the most attractive locations for residence and retirement in Europe.
Receive Dividends, Interest and Capital Gains—All Tax-Free!
Croatian residents are generally taxed on their worldwide income. However, there are important exemptions, which make Croatia attractive for tax-advantaged residency. With proper planning, dividends, interest payments, pensions received from abroad, capital gains from trading securities and other financial assets and capital gains from long-term holdings in real estate all can be received tax-free. Croatia also offers important tax advantages to yacht owners.

Foreign nationals who wish to stay longer than three months in Croatia must obtain a residence permit. To obtain one it is sufficient to have a yacht moored in a Croatian marina or to rent or own an apartment. An application for residence involves submitting various government forms and identification documents, including proof of sufficient funds, and requires a visit to Croatia followed by six to eight weeks processing time. The residence permit is valid for maximum of one year and can be easily renewed.
You become resident for tax purposes in Croatia in one of two ways: physical presence or available accommodation. You meet the physical presence test if you stay for at least 183 days under circumstances that indicate your visit is not temporary. The 183-day visit may overlap calendar years. You meet the available accommodation test if you have accommodation in Croatia at your exclusive and continuous disposal for at least 183 days under circumstances that indicate you intend to keep and use it.
Your length of stay is not important, nor does it matter if the accommodation is owned or rented. Such “deemed residence” is very attractive for foreigners who wish to maintain legal residence in Croatia without having to be physically present for a minimum period.
20% Annual Profits in Real Estate
Prices of Croatian real estate have been increasing at an average rate of 20% per annum in recent years. However, in top locations prices have risen much more quickly. In the past 12 months, real estate prices in many parts of the Dalmatian coast have doubled. There is a high demand for luxury real estate on the Adriatic coast, yet there is only limited supply.
Foreign persons can purchase real estate in Croatia providing that they get approval by the Ministry of Foreign Affairs. Such approval may take up to six months. However, the restrictions can legally be avoided if a Croatian company buys the property, which can be entirely owned and controlled by a foreign person. Using a company for this purpose also avoids capital gains tax and the 5% transfer tax on the subsequent sale of the property. In view of future EU membership, Croatia is already adjusting its laws and regulations to comply with EU standards. For example, the current restrictions on foreign real estate ownership will be abolished in just two years from now, a fact that will no doubt make Croatia even more attractive for foreigners in the future. (Christian H. Kälin is a specialist in international tax and estate planning and a partner at Henley & Partners in Zurich. He is also a founding partner of Verica® Trust & Capital Management AG in Zug, Switzerland.)

Split: Tourism Skyrocketing

From 2001 to 2006, Split saw an annual increase in tourism of 17% which makes it the European holiday destination enjoying the highest growth of visitors for that period. The European Cities Marketing Association reported that Split topped their survey of 93 locations across Europe. The trend levelled off a bit in 2007 as many Split hotels were closed for renovation, according to www.balkaninsight.com. In 2006, some 200,000 visitors passed through Split, most of them Americans. The average stay was 2.2 days, just enough to run around Diocletian’s Palace and see some Split sights before heading off to the Croatian islands.

Opatija’s Plavi Podrum: What a Restaurant

The critics have spoken and the verdict is: Opatija’s Plavi Podrum restaurant is in the top hundred of the world’s best restaurants. Restaurant magazine plus other professionals in the dining trade, put out an annual list of the 50 best restaurantsin the world. Plavi Podrum didn’t quite make that cut but it was a runner up and was rated number 94 out of 100. It’s the first Croatian restaurant to make the list.
What’s so special about Plavi Podrum? They didn’t say. One can imagine that the super-fresh seafood might have helped not to mention Croatia’s best known sommelier, Daniela Kramaric Tariba, who handles the wine cellar and suggests one of 250 wines to go with your dish. The menu is strictly seasonal, drawing on some of Istria’s most famous products such as asparagus, nettle and truffles. It’s also Opatija’s oldest restaurant with a magical view over the port. That would be the port of Volosko, for the restaurant is a little past Opatija in the delightful fishing village of Volosko.

This is syndicated from Croatia Travel Blog, and written by Croatia Traveller.

Seminar


Call us to request our seminar schedule:


Download here the recent presentation Den Bosch Housevision seminar


Powerpoint
(pdf-handout)


please call us for more info +31(0)20 7725652



Kavanjin Project


Op Brac wordt de subdivisie 'Kavanjin' gebouwd. Verschillende appartementen verspreid over urban villa's. Middelland biedt het project aan als agent namen Cushman&Wakefield.


Zie het project op www.kavanjin.com/





A message from our team regarding the real estate fair season 'spring 2008'

Punta Scala
Een van de projecten (nieuwbouw, resort) die u op onze stand tegenkwam was het Punta Scala resort. Het eerste resort dat nu gebouwd wordt in Zadar met wellness center, privé stranden, jachthaven en golfbaan. Het is reeds mogelijk te reserveren voor de Senia Residences: appartementen in een design complex annex het 5 sterrenhotel. Alle appartementen bieden uitzicht over de zee en de Kornaten Nationaal park van honderden eilanden.


Zie de website voor meer informatie: http://www.puntascala.com/
Klik hier voor de meest recente availibility lijst
Klik hier om de presentatie in onze stand nogmaals te bekijken (powerpoint nodig)
Vraag naar onze speciale tarieven voor verblijf in het Wellness Hotel in Zadar van de ontwikkelaar

Croatia 2008: where to stay : from the UK Telegraph


Our comprehensive guide to the most reliable operators and the best places to stay in Croatia, from small family-run affairs to city hotels and villas.
Croatia 2008 holiday planning guide
The best operators for activity and special interest tours
In pictures: Best of Croatia



Dubrovnik riviera
Hotel holidays
The main tour operators tend to concentrate on the Istrian peninsula and the Dubrovnik riviera.

Croatia has few sandy beaches, so most hotels have created beaches on concrete jetties, using imported sand, and built swimming platforms out over the rocky foreshore.

A good guide to inspected smaller hotels and b&bs is Alastair Sawday’s Special Places to Stay: Croatia (http://www.sawdays.co.uk/).

Our selection
Bond Tours (01372 745300, http://www.bondtours.com/) Tailor-made holidays all over Croatia, including the national parks. Good choice of upmarket and characterful accommodation on the rivieras and 10 islands.

Holiday Options (0844 477 0452, http://www.holidayoptions.co.uk/) The biggest operator to Croatia with a wide selection of hotels countrywide, from small family-run affairs to five-star resort hotels.

Has the best range of flights from regional airports and can arrange two-centre holidays. Also features island-hopping itineraries, apartment rentals in Dubrovnik, Cavtat and Hvar, and coach tours.

Other options
Balkan Holidays (0845 130 1114, http://www.balkanholidays.co.uk/) Keenly priced packages to three- five-star hotels on the coast and islands of Korcula, Bol and Hvar. Good-value Dalmatian cruise on 300-passenger ship from Venice, coach tours and tailor-made short breaks.

Cosmos (0871 423 8560, http://www.cosmos.co.uk/) Features hotels in the Dubrovnik riviera and Istria with flights from Gatwick and Manchester. There are flexi-stays (minimum three nights) for short breaks or a multi-centre holiday. The company’s online accommodation booking service, www.somewhere2stay.com, has further options.

Croatia Choice (02380 254287, http://www.croatiachoice.com/) Small boutique hotels in all coastal areas plus villas and apartments.

Croatia for Travellers (020 7226 4460, http://www.croatiafortravellers.co.uk/) Island-hopping fly-drives a speciality.

Croatian Affair (020 7385 7111, http://www.croatianaffair.com/) A new programme of boutique hotels, both coast and country, with flexible stays to create a touring itinerary.

Hidden Croatia (0800 021 7771, http://www.hiddencroatia.com/) Three- to five-star resort hotels in Istria, the Makarska and Dubrovnik rivieras plus the main islands.

Indus Tours (020 8901 7320, http://www.industours.co.uk/) Mid-market hotels in Istria and around Dubrovnik.

Med Hotels (0871 472 5256, http://www.medhotels.com/) Large resort hotels in Istria.

Thomas Cook (08450 772288, http://www.thomascook.com/) Focuses on Istria and the Makarska riviera including Bol on the island of Brac, which has a lovely beach of small white pebbles.

Thomson (0871 231 4725, http://www.thomson.co.uk/) The company’s Italy and Croatia brochure has a good choice of family-focused resort hotels in Istria and the Dubrovnik riviera, including the new five-star Rixos Libertas hotel and spa.

The Dubrovnik Palace is a top-selling Platinum property; packages include 25kg free luggage and priority check-in at British airports.

Thomson’s subsidiary Portland (0870 241 3172, http://www.portland-holidays.co.uk/) also features Croatia.

Travel One (0207 392 8988, http://www.travelone.co.uk/) Hotel-based singles holidays in Istria.

Villa holidays
Our selection
Croatian Affair (020 7385 7111, http://www.croatianaffair.com/) Wide choice of properties across Croatia, notably Istria, the Dubrovnik and Makarska rivieras and the islands of Brac, Hvar, Korcula and Mljet. Many have private pools and air-conditioning.

My Croatia (0118 961 1554, http://www.mycroatia.co.uk/) Lovely characterful properties including a castle on Korcula and a 19th-century lighthouse on remote Lastovo island. Trips are tailormade with extras such as private day-long sailing trips and visits to winemakers. Also some boutique hotels.

Other options
Abercrombie & Kent (0845 0700 618, www.abercrombiekent.co.uk) Villas on Vis and Brac.

James Villas (08700 556688, http://www.jamesvillas.co.uk/) Seaside villas and country homes in Istria.

Croatian Villas (020 8888 6655, http://www.croatianvillas.com/) Big choice of coastal villas and resort town apartments.

Dalma Holidays (020 8677 2655, http://www.dalmaholidays.co.uk/) Villas and apartments in two coastal villages near Zadar.

Individual Travellers (0845 604 3978, http://www.individualtravellers.co.uk/) Coastal houses and apartments.

Inghams (020 8780 7777, http://www.inghamsvillas.co.uk/) New programme with big choice of coastal properties, including five-star Ballota Nigra villa in Porec where rental includes a speedboat, sauna and babysitting.

Inntravel (01653 617906, http://www.inntravel.co.uk/) has waterfront apartments and houses on Korcula.

Interhome (020 8891 1294, http://www.interhome.co.uk/) Big choice of privately owned houses and apartments countrywide.

In the Med (08707 605 633, http://www.inthemed.com/) Properties booked direct with owners, mostly on Dalmatian coast.

Luxury Retreats (0207 101 9219, http://www.luxuryretreats.com/) in Pula and Dubrovnik.

Sanctuary Villas (01242 547906, http://www.sanctuary-villas.com/) Luxury specialist with concierge service to sort the detail.

Simply Travel (0870 166 4979, http://www.simplytravel.co.uk/) Cottages and apartments in Dubrovnik, nearby islands and Istria, plus a few hotels.

Istria specialists include
Croatia Villa Book (0845 500 2000, http://www.thevillabook.com/)

Istria Rural Life (00 385 52 522 920, http://www.istria-zivot.com/),

Style Holidays (0870 442 3661, http://www.styleholidays.co.uk/)

Villa Retreats (0800 988 5586, http://www.villaretreats.com/) and Vintage Travel (0845 344 0420, http://www.vintagetravel.co.uk/), which has quality houses with private pools.

Jupiter Adria starts new investment cycle in Croatia

28 January 2008

By announcing completion of construction of marina Preko on the Croatian Island of Ugljan company Jupiter Adria, owned by one of the largest UK investment funds groups Jupiter Investment Management, started an investment cycle in Croatia.

In the first phase of investment the company is interested in construction of hotels, marinas and golf course in the regions of Istria, Zadar and Dubrovnik, reported latest issue of the weekly Lider.

With EUR 180 million of share capital and credit assets invested in about a dozen targeted development projects currently being negotiated, Jupiter Adria showed ambition to become the largest tourist company in Croatia, the first tourist investment of this Group, which would represent for Britons a starting point for business expansion in this part of Europe.

Investment opportunity in Marina




Superb location apartments.
One year ago all plans were ready for construction of the apartments in the town of Marina, at the sea in Middle Dalmatia. Due to delay in the general urbanistic plan of Marina the start of construction has been delayed as well. Prices however have remained unchanged. Most of the building is reserved by prospect buyers from the UK, Netherlands, Belgium, Scandinavia and some Croats who use the apartment as their coastal escape. Their purchase prices are fixed, while in general property prices in Croatia have risen enourmously. The town is now expecting the urbanistic plan. to pass very soon. For most buyers it offers the first opportunity for re-sales! <--Read more...



Why is this property interesting?
Position: one minute walk to a beach and a relaxing quiet beach-lounge. All apartments verlook an amazing bay and the open sea.
Location: Marina is in the hearth of the highly potential middle Dalmatia region with Primosten, Trogir, Rogoznica all within 10 minutes reach.
Basic infrastructure: shops, restaurants, marina, hotels are all in the picturesque village.
Reachable: 10 minutes to Split international airport
Price: prices for newly build luxury apartments are above 2.200/m² in this part of the coast.
Exclusive: the geography and the position (lowest apartments start at first floor) offer never-to-be-obstructed views to the sea.
download availibility list here-->

Why should you reserve too? It is possible to reserve an apartment now. First downpayment is 2.000 euro, refundable. With very little development happening in Croatia, the apartments will draw a lot attention at the start of construction. There will be plenty of buyers for your reserved apartment 'S', for example, 73 m², which is currently available for 145.300 euro. You paid only 2.000 euro to reserve it. <--Read more...

Very good price villa in Istria


Porec/Istria: 10 km from the sea. Lovely and well build quality villa, just outside the town with views over the surrounding hills. Best of all is the price. EUR 159.000<--view property

Great rental villa with pool in Istria eastcoast


Labin / Istrian East Coast: Very high rental returns on this 4**** villa with pool and guest house. 4 bedrooms in total. Huge landplot. Good privacy. asking EUR 390.000<--view property

Hot Property: apartment building on Solta


Solta: Very large building consisting of 4 apartments on just one of the best spots of Maslinica. At the Bay and next to the town. Solta is a place where well designed rental apartments work! Asking: EUR 310.000<--view property

Hot Property: Villa on Brac, large landplot 270.000


Villa on Brac: A very interesting price for this location, size and style of villa. It is already a very pretty villa with vast landplot to construct a pool on. Second line to the sea in beautifull bay. EUR 270.000<--view property

Hot property: First line villa on Korcula


Korcula: A true first line to the sea villa. Private coastline.

Pure luxury, <--view property
View video