2007-01-25 08:24:50 · 1 answers · asked by brightstar 1 in Business & Finance ➔ Renting & Real Estate
Croatia is a burgeoning destination in Europe especially for summer vacationers in Europe. The economy and government are stable and it seems the likelihood for continued tourism is good. The question of a wise investment really hinges on your personal finances and travel plans. Do you plan to use it for yourself or rent it out? First, find out how that works as a foreigner and then what your taxes might be like, owning property there. Usually, second homes are more of drain economically than an investment. The general wisdom is to purchase for use not for making money because being so far away, you will need to hire a property management company and take care of many expenses in addition to the home you live in now.
2007-01-25 11:38:02 · answer #1 · answered by Monique D 3 · 0⤊ 0⤋