Monday, June 18, 2007

Istria - Real Estate Values

Look to the background and see just the tips of the Alps at Slovenia. This view is from the coast of Istria. Istria is a province of Croatia, that also borders Italy and Slovenia.

For second home buyers, consider northern Istria. The New York Times, 5/25/07, notes similarities between this province in Croatia, with Tuscany. Compared to prices in Split or Dubrovnik, homes are relatively inexpensive. Munich is only 5 hours away, says the article. "The Tuscany Life in Croatia: Second-Home Shoppers Look East for a Place in the Sun," by Brett Corbin.

Planes and title searches. No direct flights so far from US; and land use can be separated from the land in inheritances, reports Mr. Corbin. Be careful if you decide to fly into Venice, an hour or so from Trieste, and drive over. When we rented a car, a Trieste rental was not allowed into Croatia, but a Croatian rental was allowed into Italy.

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