The New Radisson Resort in Croatia has launched
Resort from Residences Dubrovnik Sun Gardens on Vimeo.
See here a movie of the resort
A sea view wine estate in Dalmatia
Middelland got the opportunity to sell an original 'Babic' wine field in Primosten with a building permit for a residential or commercial wine house.
The landplot is situated right behind Primosten and offers amazing views over the sea and the islands in front. Due to its location next to the hamlet of Vadalj (a few houses, a school, a bar, a restaurant) the landplot got partly zoned for building land. Vadalj is only 5 minutes from the coast and overlooks Primosten.
The former owner has opted for a building permit to build a large building for wine production and for holiday accomodation. The buyer of the land does not need to build this building, but can amend the drawings / build only part of the projected plan, or completely make a new plan.
Babic is considered to be one of the best grapes of Croatia, and the Babic wine produced here is sold at retail prices around 20 EUR a bottle. The most famous Babic field is on the edge of Marina Kremik, just a stone throw away from Vadalj. Have a look here. Or read this article here.
Total land plot: 10.733
asking: 20 EUR/m²
payment: 75% at notary transfer / 25% at abtaining full building permit.
total price now: 161.000 EUR
mail us for more information, to receive the full info package: info@middellandcroatia.com
Croatia´s real-estate market continues to decline
While western real-estate markets are showing signs of recovery from one of the worst crises in history, real-estate prices in Croatia are expected to continue to fall this year, possibly up to five per cent.
According to research by London-based Knight Frank Residential Research, property prices have experienced significant growth in the first quarter worldwide. In many countries, they have returned to pre-crisis levels, research shows.
In Great Britain, for example, real-estate prices in the first quarter jumped by 8.9 per cent while in the USA they grew by 2.3 per cent. Growth over 10 per cent was registered in the Scandinavian countries, Canada, Australia, South Africa, Israel, Singapore and Hong Kong. China saw incredible 68 per cent growth.
Even countries such as France and Germany that have experienced smaller increases contribute to what can be seen as clear signs that those markets – and the economies of those countries – are recovering from recession.
The only EU countries where real-estate prices have dropped are Ireland and Spain, a development explained by greater supply than demand.
Although Croatia was not covered by the research, data show that apartment prices continue to fall as in other transitional countries like Latvia, Lithuania and Bulgaria.
Economist Damir Novotny has said: "There was not such a dramatic drop in prices in Croatia as in the rest of the world, but our markets slower to recover." He has predicted that prices will continue to fall, or, in the best-case scenario, stagnate until Croatia enters the European Union.