Slovenia Property Mortgages and Finance Options

By: Kelly Price

This article is all about Slovenia property finance options which are now available to buy property locally. Buying Slovenia property is already popular with overseas investors, as it was recently voted one of the top ten property investment destinations in the world. With forecast growth of up to 284% in the next ten years and with finance options available, more overseas property investors are likely to consider buying property in Slovenia.

Buying Slovenia property has another advantage compared to some other overseas property investment destinations - finance options are available through major banks.

At present there are now two banks that offer Mortgages to the overseas investor interested in purchasing Slovenia property.

The Austrian bank VOLKSBANK for overseas buyers to take out 70% mortgages and on a case by case basis up to 75% (which depends on the customer's credit rating type and the location of the property). The mortgage is secured on the property bought in Slovenia, not the purchasers property in his or hers country of residence.

2. SKB Banka based in Slovenia offer 50% mortgages, although recently they have been allowing up to 70% on renovation or unfinished projects. The mortgage is secured on the property bought in Slovenia, not the purchasers property in his or hers country of residence.

A 10% deposit is normally required to secure your Slovenia property.

This is normally paid under the terms of a preliminary contract that states the basic terms of the sale and the conditions under which the deposit is paid.

If the seller backs out your deposit will be returned to you - but doubled, this is Slovenian law. If you back out then the seller will keep the 10% you paid . In marked contract to the UK gazumping is virtually non-existent in Slovenia.

After the above is completed a main contract follows.

You should ensure that you are understand and are happy with the property contract presented to you and take independent legal advice locally, so you understand all the contract details.

Any property investor should always remember - that your home or foreign property may be repossessed if you do not keep up repayments on your mortgage.

Slovenia property looks to be a rewarding long term investment, as the demand for quality property is seeing a broad based housing boom. This boom is being fueled by a number of factors including:

- Strong economic growth which has been fueled by recent EU membership.

- Slovenia is a beautiful country, with an under developed tourist industry which is expanding.

- Buying Slovenian property is straightforward and with finance options available the destination is seen as a safe and stable overseas property investment destination.

Buying Slovenia property for sale is likely to become more popular over the next few years, as buyers take advantage of the strong potential forecast growth for Slovenia property. With the added bonus of finance and mortgages available for purchases, this market looks likely to see an increasing number of overseas buyers, purchase property in Slovenia as an investment.


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