Hello everyone, I am Croatian native, not really in real estate business just use to help friend from London in buying property on island of Krk. We managed to find old stone house 3km from sea for less than 30.000 gbp, and it is full living area of just over 90 m2. It is just in process of renovation also overlooked by me. Will be very nice when finished as designed by arhitect from London to use space nicely as builders here are not so good in effective use of space.
Investing in Croatian coast can really be good investment but prices already went quite high. Take more and more time and effort to find some good investment chance. Krk and north part of coast is maybe bit more interesting as better connected and more developed in all senses.
Also paperwork in sense of building permits etc... use to be very complicated for foreign buyers, but good news is that is becoming more simplified with some new laws and regulatives as must correct it before going into European Union.
Good buys like in Michelles post are not so hard to find as many of these vilages and small cities have developing plans that almost all includes marines, hotels etc etc...It all really depends on price.
Anyway if can help anyhow, let me know...

Regards
Denis