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Second home as an investment property

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Second home blog Colliers Hrvatska

Before COVID-19, second homes were considered a vacation getaway, but the increase in remote working has made those properties possible to use for more extended periods.

Second home is usually a vacation home, individual or in a resort, intended for owners to use a certain amount of time throughout the year. On the other hand, an investment property is purchased for the purpose of generating a profit.

Download the article and discover what happens when a second home becomes an investment opportunity.


Second home Colliers Croatia blog

Second home as an investment property

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Petra Mann

Head of Valuation and Advisory Sevices

Zagreb

Petra joined Colliers in February 2016 as a Junior Valuer in the Investment and Valuation Advisory Services department. Her main responsibilities include property valuations, highest and best use studies, feasibility studies, market research and analysis across Croatia, Slovenia and BiH. As a Manager, Petra is actively involved in a process of recruitment for the Valuation and Advisory department, as well as mentoring junior members of the team. It is also her responsibility to work on planning and evaluating department activities.

In her work, Petra has successfully completed numerous projects for the various real estate segments: tourism (hotel, camps, resorts, marinas), residential, retail (shopping centres, big-boxes), office and industrial properties as well as the development and agricultural land. She has worked for clients such as:

Prior to joining Colliers, Petra worked in the retail industry for 5 years; in the international fashion chain Zara and local fashion companies Magma and Xnation. As an important part of her job, Petra analyzed the local and global trends on the performance of the company.

Petra holds Master’s degree from the Faculty of Textile-Technology, University of Zagreb, Croatia and Bachelor of Science degree in Mathematics and Economics from the University of London. In November 2018, she finished her education and gained a certificate in “Hotel Real Estate Investments and Asset Management” program from Cornell University’s School of Hotel Administration.

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