1. Strategic Location: Croatia is situated at the crossroads of Central and Southeast Europe, making it an ideal location for businesses looking to expand their operations in these regions. Its proximity to major markets such as Germany, Italy, and Austria provides easy access to a large consumer base. 

 2. Tourism Industry: Croatia has a well-developed tourism sector, which contributes significantly to its economy. The country’s stunning coastline, historical sites, and national parks attract millions of tourists each year. Investing in hotels, resorts, or other hospitality businesses can yield high returns in this sector. 

 3. EU Membership: Croatia became a member of the European Union (EU) in 2013, which has provided various benefits to investors. EU membership offers access to a larger market, access to EU funds, and improved regulatory frameworks. 

 4. Business Environment: Croatia has made significant efforts to improve its business environment in recent years. The government has implemented reforms to simplify business registration procedures, reduce bureaucracy, and improve transparency. These reforms have made it easier for foreign investors to set up and operate businesses in Croatia. 

 5. Infrastructure Development: Croatia has been investing heavily in infrastructure development, including roads, railways, ports, and airports. These investments have improved transportation networks within the country and increased connectivity with other European countries, making it easier to do business. 

 6. Competitive Labor Costs: Croatia has relatively lower labor costs compared to other European countries. This makes it an attractive destination for companies looking to establish manufacturing facilities or outsource certain business functions. 

 7. Renewable Energy Potential: Croatia has untapped potential in renewable energy sources such as wind, solar, and hydro power. The government has introduced incentives and subsidies to promote investments in renewable energy projects, creating opportunities for investors in this sector. 

 Despite these positive factors, it is important for investors to conduct thorough due diligence and assess the potential risks before investing in Croatia. These risks may include political stability, bureaucratic challenges, and regional disparities within the country. Consulting with local experts and seeking professional advice can help in making informed investment decisions.

1. Passive Income: Real estate provides a steady source of passive income through rental payments. This can help investors build long-term wealth and financial stability.

2. Appreciation: Real estate often appreciates in value over time, allowing investors to build equity and potentially realize significant gains when selling the property.

3. Portfolio Diversification: Investing in real estate can help diversify an investment portfolio, reducing overall risk and providing a hedge against market volatility.

4. Tax Benefits: Real estate investors can take advantage of various tax benefits, such as deductions for mortgage interest, property taxes, and depreciation.

5. Control: Unlike other investment types, real estate investors have more control over their investments, allowing them to make decisions that can increase the property’s value and generate higher returns.

6. Inflation Hedge: Real estate tends to perform well during periods of inflation, as property values and rental income typically increase in line with rising prices.

7. Leverage: Real estate investments can be financed with debt, allowing investors to leverage their capital and potentially generate higher returns than would be possible with cash investments alone.

8. Tangible Asset: Real estate is a tangible asset that provides a sense of security and stability, as investors can physically see and touch their investment.

Overall, investing in real estate can be a lucrative and rewarding opportunity for investors looking to build wealth and generate passive income over the long term.

DAMAC is known for its luxury properties, including residential apartments, villas, and hotels. The company has developed several iconic projects in Dubai, such as DAMAC Towers by Paramount Hotels & Resorts, DAMAC Residences at Dubai Marina, and AKOYA Oxygen.

DAMAC Properties has gained a reputation for its innovative designs, high-quality construction, and luxurious amenities. The company has won numerous awards for its projects and is recognized as a market leader in the real estate industry in Dubai.

In addition to its real estate developments, DAMAC Properties is also involved in hospitality, retail, and leisure sectors. The company has partnerships with international brands like Versace, Fendi, and Paramount Hotels & Resorts to bring luxury and exclusive experiences to its properties.

Overall, DAMAC Properties has played a significant role in shaping the luxury real estate landscape in Dubai and continues to be a key player in the development of the city.

DAMAC Properties is a prominent real estate developer with a portfolio of luxury projects in various locations around the world. Some of their flagship projects include:

1. Dubai: DAMAC has numerous residential and commercial developments in Dubai, including iconic properties like DAMAC Hills, DAMAC Towers by Paramount, and AKOYA Oxygen.
2. London: DAMAC has entered the London property market with projects such as DAMAC Tower, a luxury residential tower in Nine Elms, South West London, designed by the renowned architecture firm, Foster + Partners.
3. Abu Dhabi: In Abu Dhabi, DAMAC has developed prestigious properties such as DAMAC Towers by Paramount Hotels & Resorts, located in the heart of the city, offering luxury residences and services by the famous hospitality brand.
4. Qatar: DAMAC has made its mark in Qatar with projects like DAMAC Tower, Marina Bay, a high-rise luxury development in the popular district of Lusail City, offering stunning waterfront views and top-notch amenities. These are just a few examples of DAMAC’s projects in these locations, showcasing their commitment to creating luxurious and innovative real estate developments across the globe.

Appearance

For example, the selling price of a house or villa is influenced by many factors: location, position, appearance, equipment, furnishings, age of the property, traffic connections, surrounding buildings, possible construction factors on that location, possible uses or possible conversions and, most importantly, the time you have available to realize the sale.

A property is like a person; it is more desirable if it is refined, decent, harmoniously built, neat, well-groomed, made up, nicely cut, styled and attractively dressed.

Price

A house can be sold at a significantly higher price if you make all the necessary repairs before the sale begins, if you remove excess furniture, if you arrange the terraces, repair the fence, renew the vegetation in the garden or if you are financially able to include ecological solutions such as solar panels or integrated smart technology. If you really decorate your property luxuriously and beautifully, you may want to remain the owner of that masterpiece. The appearance of the existing building does not affect the price only if there are plans to demolish the existing one in that place to build a new building.

Reason for selling

For example, it is not the same if you are in a position to sell a smaller house (or villa) that you inherited and do not need for living, or if you are in a position to sell a smaller house because you need a larger one, or if you have to sell the smaller house you live in because you lost your job, or if your smaller house is being sold at auction by a bank.

Time of sale start

Choosing the timing of the start of the sale depends on you and is an extremely important factor. The sales process should start long, long before a problem arises, and that is long, long before the last hour for the sale. The problem is that most sellers react late to recognizing the right timing of an earlier start of the sale. It is not a good idea to start selling if you are already limited in time. Because of this factor, you will achieve a lower price. The nervousness on the seller’s face is always visible to the buyer.

Ownership

A property in ownership is actually our one-time paid lifetime lease of a specific property that we paid for, bought and registered in our name in the land registry. The sooner you accept ownership as a lifetime lease, the less emotionally attached you will be to that property. You become attached to people, not to properties.

Emotional connection

Most owners have a strange emotional attachment to a specific property despite the fact that that particular property no longer meets their life needs (perhaps it is too big, too small, too damaged, too far away, too expensive to maintain, simply uncomfortable), but they are not ready to sell it. They prefer to live in poor conditions because it is their fatherland, their grandfather’s land, and in fact, their treasure.

Each property has its own unique potential, so it is important to explore different options and adapt them to your needs and goals. If you need additional help or advice, you should contact a real estate expert.

We are not a classic agency. We have years of experience in real estate brokerage. We connect buyers and sellers on multiple levels. We negotiate and implement lease, sale or Joint Venture combinations. We create options and offer multiple business ideas related to the future of your property.

A single property in a specific location can have many more purposes and be the subject of multiple combinations. We know what is wanted in the market. Not every street can be a commercial space. In Zagreb, a shop on Tkalčićeva Street “works very well” and on the parallel Radićeva Street “works poorly”. It is not advisable to buy without consulting about good, better and best locations in a city, related to a specific lease. Not every neighborhood is ideal for a nursing home. Not every location is suitable for a 5-star hotel. Not every location can be a health resort.

We create combinations that you may have never thought of, all based on the size, special characteristics and location of the property you are selling or buying. We have extensive experience and expertise in the real estate industry, especially in connecting buyers and sellers and identifying unique opportunities for buyers and property owners. We have the ability to identify different potential uses of real estate and create unique combinations of joint ventures, which sets us apart from traditional agencies.

At www.luksuzno.com we have a special level of understanding of market requirements in creating customized solutions for different properties. We are here for all parties who need advice regarding which industries can be potential buyers of their land, newly built apartment, building for renovation in the city center, luxury villa by the sea, family hotel, campsite in the first row to the sea and the like. Our customers are constantly looking for quality residential properties (old and new construction), tourism properties, as well as prime locations for the construction of family villas, urban villas, apartment buildings, office buildings, hotels, camps, shopping centers. Many of our customers are interested in buying a company or a share in a company.

The privacy of our buyers and sellers is important to us, so we never disclose to the public who bought or sold what and at what price.

Mirjana Mikulic