Slovenia is a beautiful alpine country located next to Hungary, Coatia and
Italy. It has a small population of just 2 million people and the capital city,
Ljubljana is home to around three hundred thousand people. It is a vibrant,
cosmopolitan city with cafes, students and professionals seeking quality
accommodation. The main reasons the growth in Slovenia's popularity as a holiday
destination is that it has the traditional alpine pursuits of holiday skiing,
walking, water activities (on lakes such as Lake Bled and Lake Bohinj), as well
as and rich historic culture and unspoilt charm. There is also a twenty mile
coastline for beach activities in the summer months.
With a flight time from from the UK of just two hours and one hour time
difference, for years, Slovenia has been a natural holiday hotspot for tourists
seeking fresh mountain air and stunning alpine scenery. In addition, Slovenia is
fast becoming a property hotspot too for foreign investors seeking second homes
or holiday lets. The Government has recognised this and has introduced
legislation to make it easier for foreign investors to buy a property in
Slovenia. Low cost airlines to destinations like Brnik (Ljubljana), Graz or
Klagenfurt (Austria) have also opened up potential for fly to let investors and
second holiday homeowners to seek holiday home in Slovenia.
Slovenia has now joined the European Union in order to improve its economic
growth and access to markets, particularly tourism and foreign investment. This
has resulted in a foreign investors being able to purchase property without
complicated administration and delay from the Slovenian government. One caveat
(lasting up to 7 years) to joining the European Union was that Slovenia kept a
Clause that allowed it to reverse its decision to allow non residents to
purchase property under force them to use the traditional administration
process.
If you are thinking of buying a property in Slovenia have you must be aware of
the local laws and processes. For instance you must obtain an EMSO number to
undertake local searches on land database records. In addition, legal contracts
must be presented in Slovenian language and translated if necessary and all
priced in Euros. The money must be held in a Slovenian bank account. The tax
system is also quite complicated and if you plan to let out your property will
need to make yourself familiar with local VAT and inheritance tax laws that are
very across their regions of the country. AssetSure are
able to offer insurance for an Slovenia holiday home.
So if you are seeking an holiday home insurance quote why not see if we
can help? In addition, Assetsure provide overseas property insurance and
holiday home insurance for other countries including Australia, Austria,
Belgium, Bulgaria, Brazil, Canada, Cape Verde, Chile, Croatia, Cyprus, Czech
Republic, Denmark, Estonia, Finland, France, Germany, Greece,
Egypt, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Liechtenstein,
Luxembourg, Malta, Monaco, Montenegro, Morocco, Netherlands, New Zealand,
Norway, Poland, Portugal, Romania, Slovakia, Slovenia, South Africa, Spain,
Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom
(UK) and Venezuela.
Guide to Holiday Home Insurance Slovenia