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 Bosnia and Herzegovina is almost landlocked leaving apart the 26 kilometers Adriatic Sea coastline that is centered around Neum town. 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 sceneries for paragliding which makes it a natural and unparallel wonder. This pristine natural wonderland attracts foreigners; some of whom are really interested in Bosnia and Herzegovina real estate.
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 to come back here again and again or not leave this place. If you have a looked at Bosnia and Herzegovina real estate listings you'll find that the most prized real estate options belong to this area only. Bosnia and Herzegovina 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 the Bosnia and Herzegovina real estate. 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 real estate listings and you will find that most of the properties are located in Pannonian basin. The other areas of the suitable for real estate investment are Vlai, vrsnica, and Prenj.
Investigating in the Bosnia and Herzegovina real estate can be quite difficult. The reason behind this is lack of public information availability and also lack of transparency. According to a research, real estate market in Bosnia went down by 57% between 2008 and 2009. This is a time when demand fraud Bosnia real estate 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.
If Bosnia and Herzegovina real estate is something that attracts you, you must take into account availability of commercial loans. The last few years, bank lending levels have decreased significantly but there are signs that real estate market will begin to rise and expand again after 2010 and Bosnia and Herzegovina real estate will reach a flourishing level by 2012. Bosnia and Herzegovina real estate agents can be a great help if you do not know much about the countrys real estate but still want to invest because of the tremendous growth and profit that is expected in near future.