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Real Estate in Porec, Croatia | Expat Exchange
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Real Estate in Porec, Croatia

By Betsy Burlingame

Last updated on Jul 01, 2024

Summary: People living in Porec, Croatia offer advice about real estate. How do you find a home in Porec? Should you buy or rent? What is the cost of housing?

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What is a typical expat home or apartment like in Porec?

"A typical expat home or apartment in Porec, often reflects the charming blend of old-world architecture and modern amenities. Many homes are located in the heart of the city, close to the bustling marketplaces, restaurants, and the stunning Adriatic Sea. The apartments are usually spacious, with high ceilings and large windows that let in plenty of natural light. The interiors often feature a blend of traditional and contemporary design, with hardwood floors, modern appliances, and comfortable furniture. Many homes have balconies or terraces, offering breathtaking views of the city or the sea. The kitchens are typically equipped with modern appliances, and the bathrooms are often updated with contemporary fixtures. Many expat homes also have a dedicated workspace, considering the growing trend of remote work. Despite being in a historic city, these homes often come with high-speed internet, making it convenient for expats. For those preferring a quieter lifestyle, there are homes located on the outskirts of the city, surrounded by the serene beauty of nature. These homes often come with private gardens or yards, offering a peaceful retreat. Regardless of the location, most expat homes in Porec offer a comfortable and convenient living experience, blending the city's rich history with the comforts of modern living," said one person in Porec.

What is the average cost of housing in Porec?

If you are thinking about moving to Porec, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Porec can vary greatly depending on the type and location of the property. For instance, a one-bedroom apartment in the city center may cost around $500 per month to rent, while a similar apartment outside the city center may be around $350 per month. If you're looking to buy property, the average price per square meter in the city center can be around $2,500, while outside the city center it may be around $1,800. However, these prices can fluctuate based on market conditions and other factors," said one person in Porec.

Should I buy or rent a home in Porec?

If you have not spent a lot of time in Porec, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Porec, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Porec for a long time, buying a home could be a good investment. Owning a property allows you to build equity over time and gives you a sense of stability and permanence. On the other hand, renting a home in Porec might be a better option if you're not planning to stay for a long period or if you prefer flexibility. Renting doesn't require a large upfront investment and it can be easier to move if your circumstances change. It also means you won't have to worry about property maintenance and other responsibilities that come with homeownership. It's also worth considering the local real estate market. If property prices in Porec are high and continue to rise, buying a home could be a good investment. However, if prices are stagnant or falling, it might be better to rent. Finally, consider your financial situation. Buying a home requires a significant financial commitment and you'll need to be sure you can afford the ongoing costs, such as mortgage payments, property taxes, and maintenance costs. Renting can be more affordable in the short term, but you won't build equity in the same way. In conclusion, both buying and renting a home in Porec have their pros and cons. It's important to carefully consider your personal circumstances, financial situation, and long-term plans before making a decision," said one person in Porec.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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