Croatian Apartment Prices Increase in July

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An overview of Croatia’s real estate market in July.

The average asking price for apartments advertised in July at Crozilla.com rose by 0.5 percent on the monthly level and by 4.6 percent on the annual level. Compared to the same month in 2015, July’s prices increased by 1.6 percent, reports Poslovni.hr on 3 August 2017.

The highest prices of apartments during July were recorded in the Dubrovnik area where, according to Crozilla.com data, buyers asked an average of 3,796 euros for a square metre, which is 2 percent less than the previous month. High prices were also recorded in Opatija, where they grew by 1.7 percent, averaging 2,933 euros per square metre.

The July prices of apartments in Split were 2 percent higher than a month earlier, and they climbed to 2,321 euros per square metre. According to Crozilla.com data, Zadar has recorded a slight increase of 0.1 percent, and the average price per square metre stood at 1,880 euros. In Pula, a square metre of an apartment cost 1,384 euros, which is 1.4 percent more than a month earlier.

An increase in apartment prices of 1.2 percent was recorded in Senj, where the average asking price for one square metre was 1,220 euros, while in Šibenik the average asking price was 1,583 euros per square metre.

Lowest prices were recorded in the towns in the continental part of the country – of which only Zagreb and Varaždin have the average price above 1,000 euros. The average asking price for a square metre of an apartment in Sisak was 721 euros, in Bjelovar 836 euros, in Slavonski Brod 864 euros, while in Osijek, according to Crozilla.com, the average advertised price was 954 euros. In Varaždin, there was a monthly drop in prices of 0.3 percent, and the July price of a square metre was 1,099 euros.

The Crozilla.com listings show that the average asking price for apartments in Zagreb grew by 0.5 percent, and now the average price is 1,684 euros.

In July, Crozilla.com users mostly searched for apartments for sale in Zagreb and Pula, and then in Split, Zadar and Osijek. When it comes to Zagreb, the centre of the town is still the neighbourhood with the highest demand. Apart from the centre, there was substantial demand for apartments in the areas of Trešnjevka, Dubrava, Maksimir and Jarun.

Foreigners who showed interest for apartments sold by Crozilla.com during July were mostly interested in Zagreb, Pula, Makarska, Split and Umag, and they mostly came from Bosnia and Herzegovina, Germany, Switzerland, Austria, Sweden and Slovenia.

Translated from Poslovni.hr

 

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