Not only are real estate prices rising in the Croatian capital but also the cost of renting is spiralling upwards. The average cost of rent is now 14 percent higher than it was just two years ago.
According to information from the property website Crozilla.com the average rent in Zagreb in March was €730 per month, which is 2.5 percent higher than a month earlier.
Larger apartments, ranging from 80 to 100 square meters, were advertised at an average price of around 890 euros. And even though these larger apartments are not in demand as much as smaller ones their rent prices also rose considerably.
And even though the rental prices in the capital are rising the demand is also at an all-time high. The most sought after apartments in Zagreb, those ranging in price around 500 Euros a month, make up only around 10 percent of the advertised properties.