Croatia, old houses are sold at a low price to attract new residents

Have you ever dreamed of owning a house on the Istrian peninsula? A historic town in Croatia is hoping to attract new residents by selling outdated city-owned buildings in its medieval center. Buyers can defer payment for up to two years if they commit to moving to this city and renovating the apartment. The costs of the works will be deducted from the purchase price of the object. The historic Croatian town of Vodnjan is located on the Istrian peninsula. Once there were about 10,000 inhabitants, now there are less than 6,000 left. Until World War II, the area was part of Italy and was mostly inhabited by Italians. But after the war, the town, then called Dignano, became part of the former communist Yugoslavia and suffered the consequences of depopulation. The number of inhabitants continued to decline even after Croatia gained independence in 1991, and in recent years the population has been shrinking by 5% per year. The streets are now empty and residential and commercial buildings stand empty. The city council decided to attract new residents and businesses. Following the example of other European cities, publicly owned buildings that have been neglected are now being sold at low …

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Croatia, old houses are sold at a low price to attract new residents

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