Some expected that due to rising interest rates, property prices in Croatia would begin to fall, but that did not happen. For example, the price per square metre of a newly built apartment in Zagreb ranges between three and five thousand euros, with the majority of buyers being Croatian citizens. Economic growth and higher wages are expected to continue driving demand in the real estate market, reports HRT.

"People are evidently willing to pay such prices, but we'll see; my estimate is that this most expensive segment, albeit overpriced, will correct itself. But I don't think there will be a significant price collapse like we had 15 years ago from 2009 to 2015," said Velimir Šonje, an economic analyst.

"When we look at it as citizens, as people who are buying, these are extremely high prices, but we must consider that in Trešnjevka or Knežija, there are a total of 200 properties for sale. And that's the main problem we have in Croatia, which is the supply," says Filip Brkan, owner of a real estate agency.

"The supply is still insufficient and inadequate considering the accumulated demand over these many years. It is necessary for public property to be injected, for a new quantity of products to break the imbalance between supply and demand," says Vedrana Likan, a real estate expert.

Construction has increased since last year. Due to entry into the Eurozone and Schengen, investors are taking a more serious look at Croatia.

"We still feel a significant demand in terms of apartment construction, partly because of people's need to move to better spaces, both because of Croatians who predominantly invest in real estate as a form of savings," concludes Tomislav Kamenski, a construction investor.

A significant drop in prices is not on the horizon, even due to a slight increase in interest rates. Experts note that citizens are more relaxed and more willing to buy than in previous years.