Croatia is one of the best tourism and property locations on offer, dubbed, the ‘New Italy’ it is no surprise that January’s issue of leading American tourism magazine Travel and Leisure recommended Istria amongst its must-see destinations in Croatia and the setting for the Nautica apartments in Novigrad, a pretty port town on the west coast of Istria. Istria is further north on the Croatian seaboard and could easily be mistaken for the Tuscan heartlands, with its sunny hillsides, kilometres of vineyards and charming medieval seaside towns which are relics from its 400 years under the Venetian Empire. The real Venice is only a 45 minute ferry ride away and access to the region is straightforward with no less than four budget airline options within a 45 min drive, whilst Easy Jet flies to Rijeka, Ryan Air connects to Trieste in Italy, Pula in Istria and from next month will also fly into Zadar airport.
Novigrad tourism expansion began in the 60’s spurred on by Slovenian companies constructed holiday centres on the Karpinjan peninsula. Today Novigrad is currently under a large scale Government funded regeneration program to increase tourism in the area and part of the Istria regions Ten Year Plan which at a cost of 3 billion euros until 2012 hopes to position the region amongst the likes of top destinations such as Cannes and St Barts whose reputation as discerning tourism resorts is a valuable commodity.
Half way between Poreč and Umag, Novigrad possesses a unique old world town charm and a contemporary modern day ambience centred around a new marina
whose 5 star facilities hope to put it on the sailing map. A welcoming atmosphere can be enjoyed at one the many restaurants specialising in local cuisine whilst a thriving café society and lively night life are a testament to Novigrad’s outdoor lifestyle when it hosts numerous festivals throughout the summer months. This part of the Croatian coastline boasts the clearest sea of the Adriatic and its well-indented coastline is easily accessible with its pristine bays and thousand islands.
Nautica apartments are located right by the sea, just a small service road separates it from the harbour, these apartments in time will command a premium as due to planning restrictions there is almost no front line construction in Croatia. A long season means hotels are often full right through until October which bodes well if you have plans to supplement the cost of an apartment with rental income.
The development will comprise two buildings, each with 12 apartments of varying sizes (50 - 100 m²) on the first and second floors and office space on ground floor with basement storage. The one, two and three bedroom apartments each with large terraces are being constructed using quality materials and equipment to ensure a premium finish. Each apartment will have air conditioning (heating and cooling), bathrooms with under floor heating and parquet flooring /ceramic tiling throughout living spaces. A parking space per apartment is included in the price. Due for completion at the end of December 2007, Nautica apartment prices start from just 105,000€ rising to 256,000€ for a four bedroom unit. If you would like more details click here
By 2015, Croatia is expected to become one of the world's top 5 most popular travel and tourist destinations. The demand to visit Croatia is forecast to rise at a rate of 7.8% per annum over the next decade spurred on by plans to increase turnover in the tourist trade up to two percent
and revenues by five percent in 2007. Any increase in tourism experienced in the eastern European country this year will make new records, as 2006 saw 10.3 million people visit the nation, four per cent more than in 2005. State Secretary for Tourism, Zdenko Mičić, told the session that this year HRK 13.6 billion would be invested in tourism. The Croatian capital of Zagreb
is planning to invest HRK 4.8 billion in this sector, and it is followed by Istria County has earmarked 2.47 billion to be ploughed into the travel sector all part of long term effort towards gaining EU membership in 2009 and cementing Croatia’s appeal as a top tourist draw.Nautica Apartments are on the market with Imoinvest International