Real Estate Prices Drop in November – Dubrovnik Most Expensive

Real estate prices have continued to drop in Croatia in November…

Asking prices for apartments were down 1% from the previous month, with the largest fall in the Dalmatian city of Zadar (4.6%). Not all towns however saw asking prices drop. Both Šibenik (2%) and Split (1.6%) recorded rises in November when compared with October, but it was the popular tourist city of Dubrovnik which saw the biggest jump, said real estate portal Crozilla.

Statistics show that the most expensive apartments in the country were in Dubrovnik, where the average asking price per square metre was 2,967 euros in November. In Split the average asking price was 2,007 euros per square metre, whilst in Šibenik it was 1,404 euros. Asking prices in Zadar dropped in November to 1,731 euros per square metre, whilst in Rijeka it was 1,380 euros.

Asking prices for apartments in the capital Zagreb fell 0.6% in November to an average of 1,577 euros per square metre. At the other end of the scale the town of Sisak in central Croatia recorded average asking prices of 813 euros per square metre, whilst in Osijek the average price was 995 euros per square metre.