Croatia Second Home Ownership Europe Leaders
- A recent report by Re/Max indicates that Croatia has the third-highest rate of second-home ownership in Europe, with 37% of the population owning more than one property.
- While second homes are often viewed as investments, vacation properties, or future retirement plans, concerns are growing about their impact on affordability and local communities.
- Branko Bačić, Croatia's Minister of Construction, recently stated that approximately 600,000 apartments in Croatia are currently vacant.He believes this surplus of unoccupied properties is considerably impacting the real...
Croatia Has the Third-Highest Rate of Second-Home Ownership in Europe
Table of Contents
Updated: August 31, 2024, 09:12:25 AM
Second-Home ownership Rates
A recent report by Re/Max indicates that Croatia has the third-highest rate of second-home ownership in Europe, with 37% of the population owning more than one property. According to
Impact on the Croatian Housing Market
While second homes are often viewed as investments, vacation properties, or future retirement plans, concerns are growing about their impact on affordability and local communities. Critics argue that increased second-home ownership drives up property prices and limits housing availability for permanent residents.
Branko Bačić, Croatia’s Minister of Construction, recently stated that approximately 600,000 apartments in Croatia are currently vacant.He believes this surplus of unoccupied properties is considerably impacting the real estate market and contributing to rising prices.
European Trends and Potential Solutions
Croatia’s situation reflects a broader European trend of increasing property costs and the challenges of overtourism. In response, some cities are implementing stricter rental regulations; for example, Barcelona has banned short-term rentals. Croatia is currently exploring measures to increase the availability of affordable housing.