Real estate prices in Croatia declined by 5.1% in August 2013 compared with August month in 2012, according to the portal ee24.com.
Price reduction was uneven. On the Adriatic Sea coast the rate of decline was less dramatic: only 2.6% compared with August 2012. And compared with July 2013 prices have grown by 0.6%.
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Region
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Price dynamics per month
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Price dynamics per year
|
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The whole country
|
|
-5.10%
|
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Adriatic coastline
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0.60%
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-2.60%
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Apartments in Croatia had an average cost of €1,581 per sq.m. in August of this year, that is 0.4% higher than previous month and by 5.6% lower in annual terms.
Apartments on the Croatian Adriatic coast had an average cost of €1,975 per sq.m. in August 2013, which is 0.6% higher than in August of 2012 and by 0.4% higher than in July 2013.
Villas on the coast had an average cost of €1,531 per sq.m., that is 1.1% higher than July's figures, and 3.2% lower than a year earlier.
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Property type
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Price
(per sq.m.)
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Price dynamics per month
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Price dynamics per year
|
|
Apartments
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€1,581
|
0.40%
|
-5.60%
|
|
Apartments on the coastline
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€1,975
|
0.60%
|
0.40%
|
|
Houses on the coastline
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€1,531
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1.10%
|
-3.20%
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The largest drop in apartment prices was recorded in Split, where the price tag was reduced by 11.9% in annual terms. The cost of apartments in Rijeka fell by 2.7% in Osijek - by 0.8%.
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City
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Price
(per sq.m.)
|
Price dynamics per year
|
|
Split
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€2,136
|
-11.90%
|
|
Rijeka
|
€1,516
|
-2.70%
|
|
Osijek
|
€1,079
|
-0.80%
|
Real estate prices in Zagreb decreased by 0.5% compared to July 2013 and by 6.9% compared to the same period in 2012. The most expensive district of Zagreb is Medveščak, where, by the way, a KHL hockey club of the same name is based. The apartments in this area worth €2,196 per sq.m. And in the Centre - €2,033 per sq.m. The most inexpensive district is Sesvete, where a square meter of housing costs €1,194 per sq.m.
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Zagreb district
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Price (per sq.m.)
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Medveščak
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€2,196
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Centre
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€2,033
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Sesvete
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€1,194
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