Cheap Property for Sale - Big Profit Potential in Slovenia

By: Kelly Price

If you are looking for cheap property for sale for investment then you should consider Slovenia which was recently voted one of the top ten destinations in the world to buy - lets look at why...

The country is forecast to achieve average property growth of nearly 300% over the next ten years and more investors than ever are looking at Slovenia.

Slovenia is a small compact country (about the size of Switzerland) which sits at the centre of Europe and has borders with Italy, Hungary, Croatia and Italy. It joined the European Union in 2004 and has since adopted the euro as its currency.

Economic Growth

The membership of the EU has seen considerable investment flow into the country from overseas and the economy has responded by achieving the strongest GDP of any new member state. With higher economic growth of course, you have higher disposable incomes as a by-product and this means the demand for quality property has risen.

Tourism Fuels Demand

The demand for property is also on the rise, as Slovenia promotes itself as a major tourist destination. It's a beautiful country and while best known for its ski resorts of the Julian Alps, it has much more to enjoy including - rolling hills dotted with vineyards, dense alpine forests, mighty rivers, historic cosmopolitan towns and even a beautiful stretch of Adriatic coastline.

As Slovenia promotes these attractions, tourists visiting the country annually, will rise by millions, fuelling the demand for high quality holiday accommodation.

Potential

Prices are still very affordable In Slovenia and this property boom looks set to run for decades and prices are rising in many areas by 30% or more per annum.

Buying Is Safe and Easy

Buying a cheap property for sale in Slovenia is easy and the buying process is designed to protect both buyers and sellers. There are many specialist Slovenian estate agents who cater for overseas buyers, to help you buy properties that suit your aims and your budget.

Another attraction is the ability to secure local finance and secure the mortgage on the local property, ensuring maximum utilization of cash flow.

The location you choose is dependant on what you want to achieve capital gains income or a mixture of both. If you are buying cheap property for sale you want to make sure that the country is safe, property is of course affordable and there is potential for significant capital gains and Slovenia in light of these criteria makes an excellent choice as a property investment destination.

If want cheap property for sale for investment, take time to look at Slovenian property and you maybe glad you did.

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