Foreigners to be Able to Buy Agricultural Land in Croatia, Talking Price
As N1 writes, until now, foreigners could only buy land if they opened a company in Croatia, and from July 1 of next year, they will be able to buy without restrictions.
He added that it would be much simpler and everything will become easier after officially entering Schengen Area.
"There is interest from foreigners, mostly from larger corporations. On the other hand, it is not profitable for local people to have a small amount of land and cultivate it without subsidies", said real estate expert Rastovac.
He pointed out there will be great interest in solar energy, especially in Zagora and Slavonia, because of agriculture and farming.
He points out that Croatia is still the cheapest in the EU regarding land prices, at around 3,400 euros per hectare of arable land. While, for example, in Slovenia, the average is 20,000, and the most expensive is the Netherlands with 70,000 euros. "We can expect a lot of foreigners," he concluded.
When asked if there will be a selling of the ancestral property, he said that it has already happened more or less, especially in Slavonia, and he believes that it could increase. Read More...
