The country of Slovenia may be diverse and small but you can still choose from lots of options if you are looking for land for sale and real estate Slovenia. If you have always dreamed of buying an apartment or a house in a safe and beautiful country, Slovenia deserves to be on top of your list.
Buy Real Estate Slovenia to Discover Its Beauty
Slovenia has a geostrategic position that works to its advantage. The country is nestled at the crossroads of the key trade and cultural routes of Europe. This is why Slovenia’s location is considered a strategic benefit. It only takes an hour’s drive from Ljubljana, the capital, to all the neighboring countries of Austria, Croatia, Hungary, and Italy.
Aside from this, Slovenia also takes pride in delicious food, beer, and first-class wine. The culinary scene of the country is diverse with a large selection to choose from. You can shop for fresh local ingredients straight from the local farmers who sell their produce in the markets that dot the country.
All registered long-term residents and citizens of Slovenia can also take advantage of its healthcare system. Medical staff members also undergo training. Slovenia also offers private healthcare, with the citizens legally entitled to equal healthcare access.
Basic education is also free and mandatory in the country for all children without citizenship and all other underage foreign citizens living in Slovenia. It only means that once you have secured your dream real estate Slovenia, you can bring your whole family to the country and start a new life there.
For most foreigners, the language of Slovenia is incomprehensible and difficult. However, inhabitants of the country can actually speak various languages. This is why you won’t have a hard time living in the country and adapting to the languages.
English is a widely spoken language in Slovenia while German and Italian languages are spoken in the eastern and western regions respectively. Younger generations can also speak other different languages in the world. Most Slovenes can converse in Croatian, Bosnian, French, Russian, Serbian, and Spanish.
Slovenia is also a very attractive country for people who want to do business. Foreign citizens in the country are given the right to transfer or start their business in Slovenia.
Upon registering a business in the country, the people working in the company are given the right to apply for a single residence and work permit in Slovenia.
Slovenia is a great destination to do business since the state is a member of the European Union and is part of the Schengen zone. It means that doing business in the country is faster and easier. Just like other members of the Eurozone, Euro is also the official currency in the country
Once you have obtained a status, you will be able to reunite with your whole family in the country and start anew in your real estate Slovenia property.
Key Slovenia Statistics
Acclaimed for its natural resources like the Kamnik and Julian, the Mediterranean coast, Savinja Alps, the mountain glacial lakes Bohinj and Bled, ski resorts, and thermal waters found all over the country, Slovenia continues to attract crowds of tourists. It makes tourism the key driving force behind the growth of workspaces and the business boom in the country.
The country is also characterized by a wealth increase, owing also to the thriving services and business sector, which guarantees a stable rental housing demand.
SI-STAT data stated that approximately 686,000 tourist overnight stays have been registered in the country in January 2018, with over 249,000 tourists traveling in Slovenia. It paved the way for Slovenia to become a Mecca for real estate investors who are searching for liquidity, appreciation, and stability for more profitable real estate Slovenia.
Slovenia has recorded a population of 2,089,310. In 2019, the country’s total GDP reached a total of €55 billion, marking a 2.5% GDP growth and a 4.2% unemployment rate.
Real Estate Market Trends in Slovenia
Slovenia boasts a growing market, making it the richest of all the Slavic nations when it comes to Nominal GDP. The country is also the second richest state as far as the PPP or purchasing power parity is concerned right next to the Czech Republic. Slovenia also benefits from its well-developed infrastructure as well as its strategic location right at the interaction of the main trade routes.
The crisis and its consequences were also covered at the expense of the own funds of the state without the EU funds getting involved. In 2016, the economic growth rate reached 2.5% and accelerated in 2017 to 5%. The GDP growth reached 4.1% in 2018 and the per capita GDP was at a face value of $27,506 in 2019. The financial sector of the country has also remained stable for some time now.
Based on the data for the past two years, real estate Slovenia has been seeing a high demand even with the different housing market developments. Real estate buyers also broke all the records, which makes the country a more consistent market for those who are looking for investment.
For the past several months, there are a decreasing number of vacant spaces in several cities including Ljubljana, Kranj, Maribor, and others. For this reason, the increasing demand for the rental of both commercial and residential real estate has become quite natural.
As far as the commercial real estate field is concerned, Slovenia is seeing not just an increase in the number of global network retailers but even an active expansion of the stores that already operate in the retail market of the country for some time now.
A burgeoning volume of construction projects all over the country, a dip in the bank financing rates, and an increase when it comes to closing lease agreements concerning the increased market competition are only some of the latest trends in the Slovenian market right now.
Without a doubt, buying real estate Slovenia today is one of the best decisions you can ever make.
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