Bosnia and Herzegovina is situated in south eastern side of Balkan Peninsula. The country is bordered by Croatia from north, by Serbia from east and from south by Montenegro. This means that it is almost landlocked leaving apart the 26 kilometers Adriatic Sea coastline that is centered around Neum town. The Government of Bosnia and Herzegovina is a federal democratic republic.
This is a country that has everything from mountains, rugged hills, rivers and lakes, ski resorts, and untouched scenery for paragliding which makes it a natural and unparalleled wonder. This pristine natural wonderland attracts foreigners; some of whom are really interested in properties.
Sarajevo – the Bosnian capital is miraculously nestled in a valley surrounded by lakes and attracts tourists. The real attraction is the feeling that one gets when he or she comes here. It is an intangible feeling of wanting Real estate Kotor Montenegro to come back here again and again or not leave this place. If you have a looked at Bosnia and Herzegovina properties listings you’ll find that the most prized properties options belong to this area only. Rentals are also quite costly here. The reason is not only unique because of its mesmerizing natural beauty, the fact that so many tourists come here each year makes this place a smart option for investment.
There are some points that you must keep in your mind before exploring properties. You obviously would want the decision to be a fruitful one. Bosnia had been hit by recession along with Eastern Europe and that was the time when its economy contracted by 3.0%. But the country has fought back and is improving.
If you look at the topography of country, you will mostly find hilly areas here. Check out the Bosnia and Herzegovina properties listings and you will find that most of the properties are located in Pannonian basin. The other areas of the suitable for properties investment are VlaiÄ, Ävrsnica, and Prenj.
Investigating in properties can be quite difficult. The reason behind this is lack of public information availability and also lack of transparency. According to a research, properties market in Bosnia went down by 57% between 2008 and 2009. This is a time when demand fraud Bosnia properties suffered significantly. In some parts of the country, real estate related transactions fell almost by 50%, that to only in the last three months of 2008.