Many pundits criticise Europe for being a place where affluence has largely been replaced with austerity. Sadly, some rumors are so prevalent that there are few people willing to consider moving to one of Europe’s nicest areas. When it comes to property Slovenia is one of the brightest gems on the European landscape. In addition to being quiet and cozy, Slovenia is also a piece of the European real estate market which has been largely unaffected by the recent turmoil in some other countries.
Some countries do not know how to maintain themselves very well. Unemployment is rampant, crime is a given and only the most intrepid souls will even consider living in the major cities. In a country like that, it makes perfect sense that real estate values would be burrowing a hole in the basement looking for the earth’s core. Fortunately, not every country is so buried in gloom and doom.
Some parts of Europe are actually doing reasonably well. For example, Slovenia property values have been remarkably resilient through the past few years. While a lot of Europe has suffered, Slovenia’s relatively small population and lesser known status among European countries has allowed it to remain more stable. Naturally, the prices of everything seemed to plummet during 2008 and 2009. But since then, Slovenia’s real estate market has rebounded reasonably well.
Unlike in a city like London, where almost everyone knows about it and wants to be a part of it, a city like Ljubljana is far more obscure. With such a level of obscurity comes a sort of “hidden gem” status. The people who live there love it, and most of the world is blissfully ignorant of this nice little place. Considering that Ljubljana has a population less than a third the size of of Vatican City spread across a larger surface area, the area is a far less crime-ridden place.
Of course, population density does not necessarily connote lower crime or a more robust real estate market. However, statistics tend to agree that the more people there are in a given space, the more crime those people are inclined to partake in. Moreover, areas where there was less of a real estate boom have tended not to bust as horrendously as the more pumped up areas did. Ljubljana was not hit nearly as hard as cities like London were.
Furthermore, property in Slovenia is by no means limited to Ljubljana. Along the Slovenian countryside, tons of properties are available that have gorgeous views of the Julian Alps, the Adriatic Sea, and even Lake Bled. Regardless of where a person wants to take their vacation or make their full-time home, property Slovenia is among the nicest in Europe. It even sells for a nice discount.
Unfortunately, the past few years have been financially tumultuous for almost everyone. However, the silver lining of these financial crises has been the great deals to be found in Slovenia. While house prices may drop or rise in any given month, the “bad” months are merely better times to be a buyer. In a laid back region such as Slovenia, there is no pressure to ever sell.