var _gaq = _gaq || []; _gaq.push([‘_setAccount’, ‘UA-27664174-1’]); _gaq.push([‘_trackPageview’]); (function() { var ga = document.createElement(‘script’); ga.type = ‘text/javascript’; ga.async = true; ga.src = (‘https:’ == document.location.protocol ? ‘https://ssl’ : ‘http://www’) + ‘.google-analytics.com/ga.js’; var s = document.getElementsByTagName(‘script’)[0]; s.parentNode.insertBefore(ga, s); })();
iO Adria report that it has had a successful start to the new year with six confirmed sales at its Dubrovnik Sun Gardens development in Croatia, with three more sales in the process of completion.
The developer recently launched the first phase of the development and is offering homebuyers net rental yields of 4% after HOA costs and tax in a bid to push property sales.
A one bedroom residence at Dubrovnik Sun Gardens starts at €170,000 (£143,000) for a ground floor property with garden view, up to €336,000 (£281,800) for sea view. Two bedroom residences range from €308,000 (£258,290) up to €608,000 (£509,920).
Julian Houchin, commercial director of iO Adria, says that he is positive about prospects for the Croatian property market in 2012, thanks in part to its anticipated EU accession in 2013..
He says that demand for homes in Croatia is already growing and expects that EU entry to help generate greater returns from property investments.
Houchin comments: “This [Dubrovnik Sun Gardens] is one of the few lifestyle freehold real estate resort investments available today in Europe offering a balance of personal usage and competitive net yields for owners through a sophisticated rental programme now in its third year of operation.
“[Dubrovnik] one of the most beautiful and fastest growing tourism and second home real estate destinations in Europe where early buyers can also benefit from entry level pricing and mortgage financing at Dubrovnik Sun Gardens.”
Source IEA
For more details on this development CLICK HERE
For the latest repossessions and selected property deals around the globe go to http://www.lydnem.blogspot.com
lydnem 