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Slovenian and Croatian property fund launches

Euro Property Prospects has launched the Adriatic Sub-fund, which will invest 75 per cent in Croatia and 25 per cent in Slovenia.

Croatia and Slovenia, both states of the former Yugoslavia, have experienced growth in their tourist and property markets since war ended in1995. House prices in Croatia are still well below pre-war levels, while Slovenia, which became a full member of the EU in May 2004, is now enjoying a booming tourist industry.

The minimum investment is 30,000.

Croatias planned EU accession in 2007 is expected to allow EU nationals to buy property on the same terms as locals.

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