Foreigners warm up the real estate prices in Pula

Foreigners warm up the real estate prices in Pula

Apartments in new homes in Pula can be purchased at the price of €1,200-€1,300 per sq.m, and houses in the central area cost €1,800. A little cheaper (€1,000-€1,050 per sq.m) would cost the second homes in the new fund. The most affordable apartments are located in old buildings, where the average cost per square meter is €950, and if repair is necessary, the cost is €750-€800.

Ivica Salvador, the owner of the real estate agency Stanoinvest, argues that the two-bedroom and three-bedroom apartments are the best sellers, according to ee24.com citing BalkanPro.ru.

Pula is a seaside town in northern Croatia. The beaches of this city annually attract thousands and thousands of foreign tourists. The resort is conveniently located just three hours away from Venice, Italy.

The growth in demand, and therefore in prices of housing in the Croatian Adriatic coast is due to its appeal as a recreational area. An important factor is the recent accession of Croatia to the European Union. The new "internal" real-estate market became interesting to the residents of Germany, Austria and Switzerland. In addition, the property in Pula is being actively acquired by Russians.

It is noteworthy that prices are rising only on the Adriatic coast of Croatia, while in the rest of the country it is getting cheaper, as previously was reported by ee24.com.