In Split, prices in the city center have gone up 20 to 30 percent in the last three years, said Tim Coulson, owner and director of the real estate brokerage First Property Croatia. Newsletter Sign Up Continue reading the main story Sign Up for the Real Estate Newsletter Every week, get updates on residential real estate news, covering the five boroughs and beyond. “Foreigners are increasingly recognizing Croatia as a sound investment with a decent yield, and a wonderful place to spend some time with family,” Mr. Ljutic said. BUYING BASICSA reciprocity rule allows foreigners to buy property in Croatia without restrictions if their home country doesn’t restrict Croatian buyers. Brokers recommended hiring a lawyer in Croatia, which usually costs about 1 percent of a home’s purchase price.

Source: New York Times November 29, 2017 15:00 UTC