Apartment Prices in Umag and Šibenik Increase Most in April

Lauren Simmonds

Increases for the Dalmatian and Istrian towns.

As SibenikIN writes on the 4th of May, 2018, apartment prices in April increased the most in the Dalmatian city of Šibenik and the Istrian city of Umag, at least according to Crozilla’s data. Apartment prices in April were on average 0.2 percent more than they were just one month earlier, rising 6.5 percent year-on-year.

Crozilla.com’s advertising data showed that in comparison to 2015, the biggest difference in prices was recorded in none other than Sibenik, where apartment prices increased by 26.7 percent, and the average cost per square metre stood at 1760 euro.

The highest prices were recorded in Dubrovnik, where a price of 3902 euro per square metre was demanded, which is about 4 percent more than last year, and when compared to 2016, it represents a significant increase of 28 percent.

The largest annual growth in April, according to Crozilla.com, was recorded in the Dalmatian capital of Split, where prices rose by 17.4 percent. Split is also one of the few cities to record a monthly drop in prices, and there was an average asking price of around 2678 euro per square metre, which is 0.5 percent less than it was just a month earlier.

Despite the fall in prices, Opatija remained one of the more expensive cities in which the average square metre came with a price tag of 2918 euro, representing a monthly drop of 0.3 percent and an annual one of 0.9 percent.

The average asking price per square metre in Umag in April was 2037 euro, which is 1.5 percent more than it was a month earlier, and 2.6 percent more than last year during the very same month.

In Poreč in Istria, one square metre averaged in at about 1815 euro, which is 0.6 percent more than it was a month earlier, and 3.1 percent more than it was during the same month last year.

A mild monthly increase of only 0.2 percent was recorded in Pula, where the average advertised apartment price was 1509 euro per square meter, which is otherwise over 12 percent more than it was during the same month last year.

In Rijeka, the average advertised price increased by 0.4 percent per month and 3.6 percent per annum, meaning the asking price per square metre now stands at 1423 euro.

Senj recorded a barely noticeable price difference on a monthly basis, but compared to last year, it rose by 15.8 percent, and the price stands at 1418 euro per square metre.

In Bjelovar, in April, 791 euro was the cost per square metre, which rose by 0.6 percent on a monthly basis and by 0.9 percent on an annual basis.

A monthly rise in apartment prices by 0.3 percent, and annually by 1.4 percent, was recorded in Slavonski Brod where, according to Crozilla.com, the average advertised apartment price came at 895 euro per square metre.

In Osijek, the average advertised price was 971 euro, the figure being 0.7 percent higher in March, and 1.7 percent higher in the same month last year.

In downtown Varaždin, on average, a cost of 1110 euro per square metre was the average, which is 0.5 per cent more than it was a month ago, but only 1.6 per cent more than it was last year.

Crozilla.com’s advertising data showed that the average advertised apartment prices in Zagreb increased by 1.1 percent on a monthly basis, by 8.4 percent per annum, and by an average of 1811 euros per square metre.

 

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