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Srecno Novo Leto

Posted on 28 December 2011

May we wish all our agents a very happy Christmas and a prosperous new year with lost of excellent opportunities for skiing and family enjoyment in this superb early snowfall. We have all had a difficult year and are now looking forward to this holiday tremendously.

The first snow has fallen in Kranjska Gora and, with the help of the snow machines, it looks very likely that there will be a good start to the ski season. I am really looking forward to my visit in the New Year which will be made even easier by using the Bled shuttle from the airport, so do tell your clients about this. The Bled Shuttle also runs up to Kranjska Gora delivering you to your doorstep at a money saving fee of around 28 euros per person. The Bled Shuttle web site is: http://www.zup-prevozi.eu/.

The great advantages about buying ski properties in Slovenia are that they can be enjoyed equally in every season, whether it is in the spring, when people flock to see the flowers in the unspoilt meadows, in the summer with its climbing and hiking, or in the autumn with its wonderful colours. Good snowfall increases the number of visitors to Slovenia and the general interest in properties especially for our clients from neighbouring countries.

This year the exchange rate has not been good for us in the UK but over the past few weeks the pound has increased against the euro, reflecting the continuing uncertainties in the eurozone. An increasing number of buyers are coming from further a field but as previously it has been land and small properties with land or very large properties which are experiencing the most interest. People continue to be concerned by the financial landscape, and low value properties can be an honest and good value investment opportunity particularly with some excellent bargains now on the market.

This is the first time since joining the EU and euro that Slovenia has really experienced the effect of the downside of being part of a currency union operating without common fiscal policies. The present economic crisis has arisen from the debt driven policies of the US and much of Europe and the effect has been far reaching. Although the best brains in the world are trying to get the economy back on track, most nations are following the same course of trying to pay down debt, is having a largely deflationary impact meaning that cash for inessential items like second homes is lacking. The best that we can probably ask for is that confidence is gradually restored and that people invest in things which they can afford and can really understand. One thing is certain and that is that honesty will be valued. With interest rates approaching zero we must reconsider where the best place is to position our savings. If the various governments print money, could our next problem be that of inflation rather than deflation?

History shows that all things economic are cyclical and that perhaps we may be looking back next year at this point as the low point. It is a question of weathering the storm and being prepared for the upturn. Enjoy a really happy break doing those things which mean most. After the holidays return with renewed energy and enthusiasm and prepare for the increase in demand however near or far away it might be. The downturn has been deep and likened to the 1930s. What we need to be aware of is that a resolution of the euro crisis could lead to a rapid return of confidence, an upturn in the stock market and a return to more normal conditions in many areas of the real estate market, especially those which offer good long term value. We need to ready for this so that we can make the most of any opportunities to provide a good and honest service. Clients have already started enquiring about January viewings.

Lep pozdrav,

Frances

Latest Tip

Save on car rental and taxis and use the shuttle service to and from Ljubljana airport which takes you directly to your destination in Bled or Kranjska Gora. Zup-Prevozi Airport Shuttle.

Special Promotions

Buy to let Opportunity for the Ljubljana Commuting Market!

Slovenian Properties Ltd have identified a first class opportunity for investors looking for buy to let properties within commuting distance of the Slovenian capital, Ljubljana. A new build development of over 70 high quality apartments is available for purchase as single or multiple units. These apartments are selling fast but a number remain available in a range of sizes and prices.

Visit our Special Promotions page for further details. Or contact us at: sales@slovenianproperties.com to find out more.

SPL Partners

SPL partners with the Business Center in Ljubljana

Slovenian Properties Ltd is pleased to announce that is has partnered with The Business Center in Ljubljana - "Your Office in the City" for all your business needs when visiting Slovenia. Visit the Business Center page on our website at the Business Center page for further details.

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