Economic crisis did not diminish interest of (mainly) West European tourist for SOUTH EAST EUROPE region -on the contrary -both major tourist destinations such as MONTENEGRO and CROATIA are having record number of tourists this summer (2012) -on average 7% more tourists than year before !
high gas price forced tourists from central,north and western Europe to cut their usage of cars in order to avoid long rides by car to Greece or Turkey so instead they chose and will chose much closer destination of Croatia and Montenegro
Very good class A type of roads which connect Croatian Adriatic Riviera with north/central and west Europe are making travel for tourist from those parts of Europe to their destinations along the Adriatic cost very quick and pleasant
also huge investment by low cost European air companies has seen airport network in the region rebuilt to highest standards of air travel which combined with extremely cheap air tickets is attracting and will attract younger middle class tourists who would normally think twice before going abroad on holiday
Still unspoiled nature along the cost which was never subject of mass tourism such as for example coasts of Spain or Italy
Lower food and services prices than in rest of the Europe and North America
WOULD BE INVESTORS CAN MAKE PROFIT BY INVESTING IN FOLLOWING FIELDS
1
yacht marines are in short supply along side of the ADRIATIC COAST
In recent years wealthy owners of the expensive yachts from Europe,North America ,Asia and especially Russia are looking for a place to store their yachts during the off season -this due to high maintenance cost in Italy ,Spain and France for big luxury Yachts
Croatia and Montenegro offer better ports and natural harbors for a fraction of the cost which combined with cheaper labor and service cost offer better conditions for yachts owners
http://www.portomontenegro.com/
2
In last decade “jet set” tourism is going from strength to strength in Croatia and Montenegro so there is a
big demand for small and medium size hotels and luxury villas along side the coast for celebrities and wealthy individuals who prize privacy
this venture could be a big earner for would be investors since Adriatic cost is not saturated with such offerings
Celebrities such a British Royal family ,Brad Pitt ,Angelina Jolie,Madonna,Rolling Stones ,Sylvester Stallone to name only few become regular visitors of Croatian islands and Medieval towns along the cost of both Croatia and Montenegro
lack of luxury private /secluded villas in the region for such guests is limiting growth of this particular branch of tourism so local authorities are trying to attract projects like that with all means (offering land and free infrastructure)
3
for investors who are not ready to invest into building yacht marinas and luxury apartments there is possibility of fast return and profit through so called “buying out “of private apartments owners along the Adriatic cost during the summer season
its fairly simple system ..before the season begins would be investor can lease number of the properties for a lower price under condition that he can re- rent them to someone else
owners might accept such offer in order to get fast cash in advance rather than to seek tourists by themselves during the season or to have a problem with “gap” days when property won’t bring any money
this could be very lucrative in Dubrovnik Riviera where there is a lots of tourist from US and UK who might prefer to deal with English speaking landlords
There is also very well developed cruiser ship tourism (during the high season there is weekly up to 30 000 visitors to Dubrovnik alone just from cruiser ships !!)
4
during the summer its possible to rent appropriate space and to open a nigh club or “jazz bar “(getting permits could be time consuming but profit will be substantial )
5
There is interest from US citizens to buy properties in Dubrovnik so one of the possibilities to capitalize on that trend is to open estate agency catering to that clientele by offering English speaking service .
Very lucrative filed of investment for the whole region is NIGHT CLUBS and FAST FOOD stands or restaurants
this is especially true for BELGRADE (capital of SERBIA)
1
POPULAR FRANCHISES
In the region (SOUTH EAST OF EUROPE )there is no franchise for either SUBWAY SANDWICHES or STRABUCKS COFFEE or any MEXICAN GRILL or CHIPOTLE type of joints
also specialized US HAMBURGER restaurants or fast foods are non existent !
Investors should definitely look into possibilities to bring those franchises to the region
2
NIGHT LIFE
Night life is especially developed in BELGRADE (capital of SERBIA )
Hub of the night life in this city is so called “raft/boat scene” which is revolving around boats and rafts on DANUBE river
those boats and rafts are remodeled from regular means of transportation to night clubs and restaurants and permanently harbored along the river banks in BELGRADE
They draw large crowd of domestic and foreign /tourist clientele every night (there is a saying in Belgrade that Monday is the first day of the weekend !-saying is self explanatory ) all year around and are the epicenter of night life of that city
anybody willing to try and invest into it by buying a raft and turning it into night club stands to make a good steady profit for years to come
In recent years there is large influx of US tourists in Belgrade
usually they are coming by cruiser boats down the Danube river on their way to Black Sea and Istanbul ,
they have to stop in Belgrade by default since that’s the biggest urban center along the way so opportunities are there to make for example available to them one day tourists excursion by bus to big farmers markets filled with organic food or even etno festivals in Serbian countryside .
Investors willing to invest in Serbia/Croatia should definitely look into possibilities which arise from strategic position of both countries and flourishing tourism (this goes especially to Croatia)
Gas stations are pretty much sure business/investments in both countries since there is no monopoly on the same by other state or private owned company
Would be investor should be aware that virtually all land traffic between Western Europe and Middle East and Far East pass trough Serbia and to some extent Croatia
This part of Europe Region has some of the heaviest road /highway traffic ,for example just (estimated) 2 million ethnic Turk from Western Europe (where they work) pass trough Serbia every summer (July and August alone !)on their way to and from Turkey
In Serbia and to some extent in Croatia there is lack of small size hotels and hostels alongside international highways
For long haul drivers there is lack of rest stops for heavy trucks and rest stops with amenities such as showers/restaurant/toilets/shops etc. (like they exists in US for example)
http://www.youtube.com/watch?v=0KEfrHUIw6k
NIGHT LIFE IN BELGRADE/SERBIA/SOUTH EAST EUROPE
BELGRADE NIGHT LIFE
DUBROVNIK RIVIERA/CROATIA
http://www.youtube.com/watch?v=Tnv0Aw_BBnw
DUBROVNIK RIVIERA
http://www.youtube.com/watch?v=lS-JzyxfDv0
DUBROVNIK PHOTO TOUR
http://www.youtube.com/watch?v=IiJdRhC4mwQ&feature=related
DUBROVNIK INNER CITY/OLD CITY TOUR
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