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Ever More Foreigners Purchase Properties in Slovenia

Portorož, 19 September

More than 500 foreigners have purchased real estate after Slovenia joined the EU, according to the data from Slovenia's Tax Administration (DURS). The properties, especially in the NE Pomurje region, at the coast and in the NW Gorenjska region, are mainly being bought by the British.

Foreigners are in particular interested in real estate in the coastal municipality of Koper (164 purchases since May 2004), and Murska Sobota in the northeast (150).
These are followed by the NW municipality of Kranj (90) and Nova Gorica in the west (77), Sebastjan Vehar of the real estate agency Property said Monday at the first Slovenian property conference in Portoroz.
About 29% of the 500 properties were purchased by the British, while the Italians bought 24%, the Austrians 18% and Germans 15%. This increase is the result of articles and TV shows about Slovenia as well as low property prices in the country, Vehar added.
According to him, properties in Pomurje are in greatest demand, with buyers coming mostly from Great Britain, Germany and Austria. The prices vary between SIT 5m (EUR 20,870) and SIT 27m (EUR 112,700).
Properties at the coast are mostly purchased by Germans and Austrians who have been visiting Slovenia for several years. The sales are usually handled by real estate agents. The agencies have recently also seen an increase in the number of British buyers, Vehar stressed.
In Gorenjska, 70% of all properties in Kranjska Gora, Bohinj and Bled are purchased by foreign buyers, mainly from Britain and Ireland. In 2005, property prices in this region increased by 10% to 30% due to quick development. With the current minimum price at about SIT 24m (EUR 100,180), further hikes are expected, Vehar said.

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PM Jansa Defends Act on RTV Slovenija, Calls for Yes Vote
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Foreign Policy
Rupel Outlines Slovenia's Positions on UN Reform
New York, 20 September
Slovenian and Italian FMs Discuss Adriatic Issues
New York, 19 September
PM Janez Janša Completing His Baltic Tour in Estonia
Tallinn, 14 September
Drnovsek Urges World Leaders to Take Action against Poverty
New York, 15 September
Bilateral Cooperation
Slovenian Aid for Katrina Victims on Its Way to the US
Brnik, 16 September
Government
National Research and Development Programme Adopted
Ljubljana, 15 September
EU Topics
Slovenia Lobbying to Lift Labour Market Restrictions in the EU
Ljubljana, 17 September
Transport
Denmark to Strengthen Transport Ties with Slovenia
Copenhagen, 19 September
Culture
Cankarjev Dom Celebrates 25th Anniversary
Ljubljana, 19 September
Academy of Fine Arts Celebrates 60 Years of Existence
Ljubljana, 14 September
People
Ever More Foreigners Purchase Properties in Slovenia
Portorož, 19 September
Calendar of Events
Schedule of Events from 20 to 25 September

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