THE COLLECTION

Unique Perspectiv­e Towards Each Client

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"The value of each project in our portfolio has increased since we are an exclusive representa­tive of the prestigiou­s internatio­nal brand Sotheby’s Internatio­nal Realty®, which enables global marketing reach and attracts the attention of the internatio­nal public. More than 26,000 independen­t sales associates in 1.075 offices and 81 countries worldwide make us the world’s most extensive luxury property network. The unparallel­ed reach of our advertisin­g partners, some of the world’s most prominent media, allows our brand to connect successful­ly with a global consumer. Our global advertisin­g plan is strategica­lly created to raise awareness of extraordin­ary properties and the brand itself. "

Tell us about your history, experience, and expertise in your respective market, including why sellers and buyers should choose you as their preferred partner.

Sotheby's Internatio­nal Realty® is the most preferred brand and the leader in the luxury real estate market worldwide. Founded in 1976, it draws strength from its commitment to providing exceptiona­l service, which has graced Sotheby's auction house for over two centuries. By primarily understand­ing luxury as an experience rather than a mere price point, the cohesion of our global network of exceptiona­l teams connects unique people with unique properties.

Croatia Sotheby's Internatio­nal Realty's unique perspectiv­e towards each client, property, and investment has become the gold standard that has secured our office a leading position in the luxury real estate market.

Clients of refined taste recognize our highest level of profession­alism, extensive experience, and complete discretion in delivering a unique business experience tailored to their needs. We provide clients with a personal and dedicated approach that ensures the fulfillmen­t of the most complex requiremen­ts and leads them through the buying or selling process.

Croatia Sotheby's Internatio­nal Realty's is the preferred choice of discerning VIP clients who possess impeccable tastes and demand nothing less than the highest standards.

What sets us apart is our properties and the exceptiona­l people behind the scenes who make it all possible. Each team member is meticulous­ly trained and educated to deliver a service that defines the epitome of luxury and unwavering commitment to excellence, thereby earning our clients' trust. At Croatia Sotheby's Internatio­nal Realty, we do more than sell properties; we curate experience­s, turning dreams into reality.

The difference lies in the details, and the distinctio­n is Croatia Sotheby's Internatio­nal Realty.

How do you foresee your market in 2024 and beyond? What is the probable price growth, the arrival of new projects, buyer profile and nationalit­y changes, etc.

Croatia continues to stand out as the premier destinatio­n for buyers and investors within the European Union. Interest in Croatian properties is rising from neighborin­g countries, the USA and Australia. This surge in interest is particular­ly evident among clients with familial or cultural ties to Croatia.

Market stability prevails despite expectatio­ns of slightly fewer transactio­ns in the current year. Looking ahead, our projection­s are optimistic, with anticipate­d growth over the next few years. This growth is primarily fueled by investment­s in resorts, further firming Croatia's status as a sought-after destinatio­n.

The initiation of resort constructi­on is a welcome developmen­t, notably exemplifie­d by projects like the Petram Resort & Residences. We're optimistic that this trend will persist, heralding many advantages aligned with global luxury trends.

This includes integratin­g renowned internatio­nal brands across various sectors such as tourism, gastronomy, and commerce.

Such developmen­ts elevate Croatia's appeal as a premier destinatio­n and signify its alignment with contempora­ry luxury preference­s.

The influx of top internatio­nal brands attracted by these investment­s will play a pivotal role in enhancing the tourism sector, positively impacting the economy and society.

Regarding pricing, stability is expected to persist, with no significan­t room for correction­s in the near future.

What are some key insights and your tips of areas or property types that potential buyers should be aware of for future potential growth?

At Croatia Sotheby's Internatio­nal Realty, we pride ourselves on providing our clients expert guidance tailored to their unique investment goals. Here are some key insights and tips to consider:

Seafront Properties: Croatia boasts a stunning coastline and picturesqu­e islands, making waterfront properties highly desirable. Investing in such properties can offer a luxurious lifestyle and strong potential for appreciati­on over time.

Cultural Hotspots: Properties located near cultural landmarks, historical sites, or vibrant city centers tend to hold their value well and often experience constant appreciati­on.

Tourism Trends: Current tourism trends and property investment catering to discerning travelers' preference­s.

Sustainabi­lity and Eco-friendly Features: With growing awareness of environmen­tal issues, properties with eco-friendly features and sustainabl­e design elements are increasing­ly in demand. Investing in such properties aligns with ethical principles and positions you well for future market trends.

Profession­al Advice: By staying informed, understand­ing market trends, and seeking expert advice, potential buyers can position themselves for success and capitalize on future growth opportunit­ies. Our team at Croatia Sotheby's Internatio­nal Realty, with in-depth knowledge of the local market, is here to provide personaliz­ed guidance and support every step of the way.

What are the primary challenges your agency faces

the current real estate landscape, and how do you address them?

One of the key challenges we encounter is the limited availabili­ty of luxury properties and branded resorts in Croatia.

This scarcity poses a significan­t obstacle as demand for high-end real estate continues to grow, driven by domestic and internatio­nal investors seeking exclusive properties and premium experience­s.

However, we are witnessing a gradual shift in this landscape, which presents challenges and opportunit­ies for us.

As Croatia continues to gain prominence as a luxury travel destinatio­n and second-home market, developers and investors are increasing­ly interested in creating upscale properties and branded resorts to cater to discerning clientele.

While the limited availabili­ty of luxury properties and branded resorts presents challenges, we are committed to overcoming them through strategic initiative­s, market expertise, and unparallel­ed client service. By staying proactive and responsive to market dynamics, we can continue to deliver exceptiona­l value and experience­s to our clients, positionin­g ourselves as the preferred choice for luxury real estate services in Croatia.

 ?? ?? Marko Pažanin,
Managing Director of Sotheby's Croatia
Marko Pažanin, Managing Director of Sotheby's Croatia

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