Act smart. Diversifying revenues. Croatia a new prospect.
Against the backdrop of a declining population, projections state that Poland's population will fall by 12% between 2020 and 2050, the pension system is coming under heavy question. Without major reforms, there will simply be no one to earn the pensions of an aging population. And this is something that we as individuals have no particular influence on, getting annoyed at this state of affairs will not contribute anything, except to our health. What we have real influence over is to take action as soon as possible that will affect the creation of additional sources of revenue.
A lot of people in Poland have been investing in real estate for some time, but high inflation, rising loan rates and the war just across the eastern border have made the real estate market in Poland quite unstable and it's hard to predict the trend that will shape real estate prices.
Therefore, it is excellent to expand the zone of one's assets to other markets. An excellent investment area is Croatia, which is already in the eurozone, where the euro is now a good trading currency. The value of the Polish zloty to the euro has fallen by 8% since the beginning of the pandemic, plus inflation, which is a huge drop in our home currency.
Real estate in Croatia and especially in the northern region (Primorsko Goranje region, whose largest city is Rijeka) is very attractive because of its wealthy clients. They mainly come from neighboring Switzerland, Germany, Italy or Austria. In Switzerland, real estate is on average 300% more expensive, making prices in Croatia very low for the average Swiss. And the easy and quick accessibility to the country creates a dependency that they treat this area of Croatia like Varsovians treat the Masuria region and Pomeranians treat the Kashubia region as a close and beautiful base.
More and more smart investors are already taking advantage. They are building estates of luxury homes and apartment buildings here, for sale and seasonal rentals. Seasonal rental of houses, is a very lucrative deal, with prices in high season ranging from 300 to as much as 1,000 euros per night.
Buying a house is mainly as an interesting investment investment and a form of so-called second home. They are used half of the year, sometimes even move here by citizens of the above-mentioned countries. The profit of the sale transaction is about 130%. The construction of a luxury house of about 250m2 is the cost of about 400 thousand euros, while its sale oscillates at the level of 800 thousand - 1 million 200 thousand euros, on a plot of an average size of 1000m2.
Blockhost, as part of the Port Miro project, supports willing investors in the entire investment process, from acquiring land, obtaining all permits, legal support and all financial audits. Cooperation with this company gives much more security, as it is headed by Poles Mirja Miroslawa Janzen and Bartlomiej Pastwa, who have already lived in Croatia for 5 years and, working here professionally in high positions, have become thoroughly familiar with the country's dependencies. In this project they have pooled their resources with representatives of all important and necessary institutions in Croatia.