Real Estate Prices Jump Slightly in January, Houses still Cheaper than Apartments
- by croatiaweek
- in Business
Real estate data released by Crozilla reveals that property prices have risen in a number of cities in Croatia in January…
The Dalmatian city of Split recorded the biggest growth in January, with prices rising 5.2% on-month. The average asking price per square metre in Split is now 2,124 euros. When it comes to the most expensive city for real estate in the country, then Dubrovnik holds the number one spot with the average asking price in January 2,899 euros per square metre. Growth, albeit very small, was recorded in Rijeka (0.1%), Šibenik (0,9%), Pula (1,1%) and Zadar (1,7%).
The biggest drop in January was seen in the capital Zagreb, where the average asking price for an apartment fell 0.8% to 1,562 euros per square metre. Varaždin says asking prices drop 0.4% to 1,113 euros per square metre, while in Osijek a 0.2% drop in January saw the average asking price reach 992 euros per square metre.
Apartments are still more expensive than houses in most parts of the country. In Osijek the average asking price for apartments is 34.5% (342 euros) more than the average asking price for a house. In Zagreb the difference is 18.8%, or 294 euros, and In Zadar 12.3% or 213 euros. In Rijeka houses are 13.9% cheaper than apartments.
