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  • Posts Tagged ‘Istria’

    Prime Minister Jadranka Kosor inaugurated a 28km dual carriageway section of the Istrian Pula-Kanfanar motorway which should greatly improve driving times to and around the Istrian peninsula. The Y motorway project is the largest in Istria and represents a strong governmental commitment to improving the Istrian infrastructure.

    The project has been a joint venture with France’s Bouygues Telecom which is fitting as Istria is the most accessible part of the Croatian coast for French tourists. The modern motorway should do a lot to increase French travel to Istria. Another 50km section of the Y motorway is due to open in about a year and an additional 18km section will open by the end of 2011.

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    So you’ve been to Istria and you want to set up house there? The Financial Times has a highly informative article covering all aspects of buying a house or apartment in Istria whether for a residence or a rental property. From feuding families to bureaucratic hurdles the buyers profiled in this article managed to overcome it all to build their dream houses.  Unlike the fevered buyers that swept down from the UK a few years ago, today’s buyers are more likely to be Italians and Slovenians than Brits.  Russians are also entering the picture even though non-EU citizens must obtain government approval of a property purchase. It’s true that the property market in Croatia has cooled down this past year but Istria remains a good investment as well as an extraordinarily good place to live.

    Go to article.

    Read more about buying property in Croatia or about Istria.