July Trends in Apartment Prices

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Photo: CCO Public Domain

Statistics from the real estate portal Crozilla.com show that the average prices for apartments in Croatia in July have dropped an average of 2.5% compared to the same month last year, Glas istre reported yesterday, August 4, 2016 in its printed edition. The newspaper further quotes Crozilla.com data, according to which prices for apartments have risen in some areas and fallen in others. A rise in prices has been reported for Varaždin, Senj and Šibenik, while the biggest decreases were registered in Dubrovnik and Sisak. In Dubrovnik the average price in July was €3,073, in Senj €1,307, in Zagreb €1,589, in Umag €1,987

The highest demand for apartments was registered for apartments located in Zagreb, Split, Zadar, Pula and Osijek. Foreigners were predominantly interested in apartments in Zagreb, Split, Makarska, Crikvenica and on the Island of Krk, which is very popular with Germans and Austrians. A real estate agent spke to the newspaper about the real estate situation on the Istrian peninsula. Apartments near Pula, Medulin, Premantura and Fažana were the most sought as were houses in the hinterland of the peninsula. Those houses are in constant demand as renting them out to tourists is becoming more common. As for the prices for apartments in Pula, the agent said that they were somewhere between €1,100 and €1,500, while apartments in need of renovation sometimes go for less than €900.

To get an idea about the famed old Istrian houses in Central Istria, the house below is located in the village of Marići near Kanfanar and Rovinj in an area surrounded by rental villas with pool. Along with the 1,000 m2 yard it sells for €100,000.



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