Pros of investing in Medjugorje
1 - The advantage of Medjugorje as the leading tourist destination in Bosnia and Herzegovina is primarily self-sustainability and self-sufficiency. Namely, millions of people around the world have already visited Medjugorje, and God knows how many of them plan to come because their loved ones were inspired by their visits and the peace they have been finding here. This is where the potential of maintaining and developing a destination without much effort lies, and it is up to the service providers how they can fertilize it and raise it to a higher level, because the demand certainly exists on its own. As many as 47 hotels, mostly newer ones, speak best about that, which, along with countless accommodation capacities of a smaller category, is a sign that such a small settlement, as Medjugorje is, takes a significant place on the world tourist map.
2 - In addition to religious tourism, which is not as bold as in larger shrines, a good place to live and reside for most of the year becomes normal, which has already been decided by many foreigners, mostly Italian and Irish citizens. Namely, since BiH does not tax pensions, with the price of the consumer basket significantly lower than in EU countries and perfect peace that this place offers, this should not be surprising.
3 - The peculiarity of Medjugorje is that the visits are not of a single character, so the vast majority of guests regularly arrange pilgrimages here. This is something of great importance from the perspective of investors and investments in promoting both its accommodation capacity and destination, as expenditures on certain marketing activities are minimized.
What to watch out + final words
Lands located on sloping terrains are often living stone cliffs below the surface, which makes it difficult to intensively use machinery and equipment, and increases the initial price of land per square meter.
The issue of water supply is existed during the summer months, where it is not easy to meet the needs of tens of thousands of pilgrims in Medjugorje. This is especially true for agricultural plots that are placed in the secondary tier in importance (after accommodation capacities and industry as the first tier), and a vast portion of plots outside the urban area in less accessible terrain does not have appropriate water supply at all. If you are made decision for a property with a huge vineyard, check in which part of the municipality Čitluk is located, if you would like to avoid unbearable hot summer months, in addition to all the natural and spiritual experiences you can witness in this part of Bosnia and Herzegovina.
