Pula experiences biggest drop in real estate prices in Croatia

Sept. 11, 2012

Pula experiences biggest drop in real estate prices in Croatia

The western town of Pula has seen the biggest drop in real estate prices in Croatia over the past year, according to Crozilla.com. The information portal said it based its conclusions by comparing the advertised prices of apartments in all of Croatia’s major cities.

Between August 2011 and August 2012, flats in Pula were sold at an average 3,9% lower price. The average asking price fell to 1 402 euros per sq.m.

Across Croatia prices fell by about 1% between August 2011 and August 2012, compared to 4,4% in August 2010, 10% in the same month of 2009 and as much as 15% compared to August 2008. 

 

Source: http://www.croatiantimes.com/news/Business/2012-09-11/29582/Pula_experiences_biggest_drop_in_real_estate_prices_in_Croatia