Searching for luxury apartments in the capital city of Ljubljana is getting more and more popular, with Slovenia recently hailed as one of the world’s top ten destinations for property investment. The growth forecast of the country is expected to be more than 280% in the next decade.
The capital is an obvious location to buy properties for overseas investors, thanks to its booming demand and shortage of high-quality property. There are also exciting opportunities for solid rental incomes and capital growth as well.
Slovenia is among the countries that became a part of the European Economic Union just recently. It also boasts the strongest economic growth among the other new member states.
This economic growth and the new-found optimism are mainly focused on Ljubljana which produces approximately 25% of the total Gross Domestic Product of Slovenia.
Continue reading below to know more about Ljubljana and why it is the perfect place to buy property:
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Real Estate Market in Ljubljana
The prices of Ljubljana properties are seeing a steep increase and it seems that the gains are set to continue in the coming years.
The stringent restrictions on land planning and limited housing supply are the key factors for this growth. Simply put, the supply is lower than the demand, and the trend is expected to continue even in the near future.
The City
The city of Ljubljana is often considered a smaller, more intimate, but less developed version of Prague in terms of its appearance. The area exudes a vibrant and thriving cosmopolitan atmosphere with most of its population made up of people under 30. Ljubljana also features spectacular baroque architecture, lovely medieval buildings, and towering church spires.
During the first half of the 20th century, Jože Plečnik shaped the appearance of modern-day Ljubljana. Plečnik was a native of the city and was a great architect. His followers complemented the cityscape. The creations of a New Wave of young architects also gave the city its unique look and feel that continues to delight all visitors to this day.
The city’s population is approximately 270,000, which makes the city compact and small with excellent transport links that make it easy, simple, and fast to get around.
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