Slovenians see increasing foreign demand and growth of sales near the seaside

July 27, 2011

Slovenians see increasing foreign demand and growth of sales near the seaside

The sun seems to have broken out on the Slovenian coast figuratively as well as literally. After tough times for the real estate market, increasing foreign demand is seeing the growth of sales near the seaside – but only if the price is right.

Slovenian villas surrounded by gardens where palm trees stand amidst neatly mowed lawns and where the water in swimming pools reflects the shape of the house. Apartments within walking distance of the beach. Houses on slopes that are covered with vineyards.

The Slovenian coast offers real estate in a picture perfect setting, but selling property hasn’t been easy the last few years. The worldwide crisis on the housing market didn’t spare these idyllic surroundings. In the last few months, though, business seems to have been getting as sunny as the weather.

Eva Jakopin of Elite Property Slovenia, an agency for luxury real estate, says she has noticed higher demand from foreign buyers: "All in all there has been an increase of foreign buyers compared to Slovenian," she explains. "Slovenian buyers are hesitant in buying. Those among them that are serious take up to six months to make the decision to buy".