A lack of available mortgages for would-be investors in Slovenian property makes the market difficult to buy into and therefore unpopular with foreign buyers.
A lack of available mortgages for would-be investors in Slovenian property makes the market difficult to buy into and therefore unpopular with foreign buyers, an expert has claimed.
Chief analyst Simon Tweddle said banks in the country were unwilling to lend to foreign buyers and that prices there were higher than the rest of the Eastern European market.
He said it could be possible to get a mortgage through an Austrian bank but that it was always on a "case-by-case basis".
"While it's a very rich country, they've also rested on their laurels a little bit and they haven’t reformed their economy to quite the same extent as some of the market," Mr Tweddle continued.
The country was "incredibly beautiful" and it is possible the country was concerned foreigners would buy up all the mountain property, he added.
Website Slovenianproperties.com reports that the market is only really available to buyers who can finance the purchase themselves.
