Briefly about the real estate market

Properties in Istria

During the 19th century Austrohungarian administration introduced in Istria cadastre and land registry, and that was the beginning of offical property market in this region. From that early days various governments continued long time editing the legal status of properties in the peninsula. Thanks to their's efforts Istrian properties are today better regulated than in other parts of the state.

Real estate market has opened to the foreigners in the 90s of last century after the defined private property and adopted a number of legal acts. Flats and houses in Rovinj, Porec, Pula and other Istrian towns, attracted mainly Italian customers. Inland Istria came to the fore on the market in the second occasion, a customer mostly British, Germans and Austrians bought the stone house or new versions of the same. In the meantime, the construction took over Istria so that there was a significant increase in supply of flats and houses by the sea and in the interior resulting by a real estate boom. Rovinj, Porec, Motovun, Svetvincenat and other cities have their beauty and attract customers from areas of Scandinavia, Russia, France.

Today most of the offers real estate in Istria are apartments and flats in the coastal belt and the houses, villas and land in the green part of the peninsula. Most are looking for a smaller apartment overlooking the sea near Rovinj, Porec and Pula, and stone houses habitable, or for adaptation to the peaceful hills of the interior of Istria.

Real estate in Istria keep the price stable compared to other regions, especially compared with some destinations abroad. With a bit of care and the right advice buying property in Istria could be a very smart investment.

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