Friday, 05 June 2020

Zagreb sees explosion of real estate prices in 2019

By  May 08, 2019

According to the latest survey by the popular website “Njuškalo”, conducted on a sample of 156,000 properties, the prices of apartments and homes over the past year rose by more than eight and a half percent. And the capital, Zagreb, is seeing a boom in the real estate business with prices soaring recently. The average price of an apartment in April in Zagreb has for the first time ever broke the 2,000 Euros per metre squared ceiling.

The increase in property prices throughout Croatia marked the 40 month in a row that prices have risen, or in other words since the beginning of 2016. In fact, apartment prices in Zagreb have risen by 11 percent since the beginning of this year.

Zagreb isn’t the only Croatian city to see house prices increase, Split, Dubrovnik and most of the cities along the Dalmatian coastline have seen price rises, Dubrovnik has the highest real estate prices in the country.

And it isn’t only real estate market in the capital that has seen a jump in prices the rental market has also experienced prices increase. The average rental price in the capital for an apartment is now 473 Euros.

The Voice of Dubrovnik


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