Ljubljana Property Slovenia - A Property Hot Spot with Big Potential Gains
| by Kelly Price | March 09, 2008
Buying property in Ljubljana (the capital) Of Slovenia has become popular as Slovenia was recently named one of the top 10 property investment destinations in the world, with a forecast growth of around 280% for the next 10 years...
Let's look at the advantages of buying property in Ljubljana but before we do let's quickly look at why.
Slovenia has become such a great destination to buy property.
Slovenia
Slovenia is one of the newest countries of the European Economic Union which it joined in 2004 and investment has poured into the country and it now boasts the strongest economic growth of any of the new member states. This economic growth is centered on Ljubljana which produces roughly 25% of Slovenia's total Gross Domestic Product.
Ljubljana
Property prices in Ljubljana are rising steeply and the gains look set to continue as demand exceeds supply. The limited supply of housing and the strict restrictions on land planning are the driving factors behind this growth.
Ljubljana has been likened to a smaller, less developed and less touristy version of Prague. The city features numerous soaring church spires, many medieval buildings and some stunning baroque architecture. In the first half of the 20th century, modern Ljubljana's appearance was shaped by Jože Plenik. He was an architect and a native of Ljubljana and he shaped the way the city looks today. This was complemented by his followers as well as a number of "New Wave" of young architects which gives Ljubljana its Individual look which delights anyone who visits this beautiful city.
The population of Ljubljana is around 270,000, it's small and compact with good transport links. With budget airlines' now flying regularly into Ljubljana's Jože Punik Airport, access is easy and cheap and tourists and overseas property buyers are coming in ever increasing numbers.
Affordable Investment Property
There are great investment opportunities in the city center as well as the outlying suburbs. The Slovenia property boom is still very much in its infancy and is set to run for many years. Buying property In Ljubljana which is at the heart of this boom, is seen as a solid long term investment.
With realistic growth rates of over 30%, low downside risk and the opportunity to take advantage of the strong "buy to let" market, Ljubljana property investment looks set to see more interest than ever before
Let's look at the advantages of buying property in Ljubljana but before we do let's quickly look at why.
Slovenia has become such a great destination to buy property.
Slovenia
Slovenia is one of the newest countries of the European Economic Union which it joined in 2004 and investment has poured into the country and it now boasts the strongest economic growth of any of the new member states. This economic growth is centered on Ljubljana which produces roughly 25% of Slovenia's total Gross Domestic Product.
Ljubljana
Property prices in Ljubljana are rising steeply and the gains look set to continue as demand exceeds supply. The limited supply of housing and the strict restrictions on land planning are the driving factors behind this growth.
Ljubljana has been likened to a smaller, less developed and less touristy version of Prague. The city features numerous soaring church spires, many medieval buildings and some stunning baroque architecture. In the first half of the 20th century, modern Ljubljana's appearance was shaped by Jože Plenik. He was an architect and a native of Ljubljana and he shaped the way the city looks today. This was complemented by his followers as well as a number of "New Wave" of young architects which gives Ljubljana its Individual look which delights anyone who visits this beautiful city.
The population of Ljubljana is around 270,000, it's small and compact with good transport links. With budget airlines' now flying regularly into Ljubljana's Jože Punik Airport, access is easy and cheap and tourists and overseas property buyers are coming in ever increasing numbers.
Affordable Investment Property
There are great investment opportunities in the city center as well as the outlying suburbs. The Slovenia property boom is still very much in its infancy and is set to run for many years. Buying property In Ljubljana which is at the heart of this boom, is seen as a solid long term investment.
With realistic growth rates of over 30%, low downside risk and the opportunity to take advantage of the strong "buy to let" market, Ljubljana property investment looks set to see more interest than ever before
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