Saturday, 21 July 2018

Dubrovnik property prices go up

By  Mar 19, 2018

Dubrovnik is well-known for its high property prices. In January, it was noted that Dubrovnik was a leader when it comes property prices in 2017 in Croatia. It seems that Dubrovnik is aiming to be on top in 2018 too. 

According to SEEbiz, average demand for flat in Dubrovnik in February averaged 3714 euros per square meter, which is 1.3 percent higher than the previous month, and 9.5 percent higher than last year.

Apart from the real estate prices, Dubrovnik is also interesting because of the fact that, unlike most other cities, the prices of flats are lower than house prices, and in February the difference was as high as 449 euros per square meter.

Data from Crozilla.com, specialised Croatian property website, shows that the square meter of house, in February, had an average price of 4163 euros, which is 0.5 percent less than a month before, but compared to the same month last year, 8.6 percent higher, as well as 10.6 percent higher compared to February 2016.

Dubrovnik-Neretva County dominates when it comes to the land prices too. The highest prices demanded for construction land on Crozilla.com during February were advertised in our county: 177 euros per square meter, which is 18.8 percent higher than last year.

Crozilla.com showed that during the month of February in Dubrovnik people mostly browsed for apartments for sale, followed by rental apartments and then houses for sale.

Finding a suitable rental apartment in this area is sometimes a mission impossible, but foreign visitors to Crozilla.com were optimistic and during February, along with those in Zagreb, they mostly searched for the rental apartments in Dubrovnik.

Mostly clear

25°C

Dubrovnik

Mostly clear
Humidity: 64%
Wind: NE at 11.27 km/h
Sunday
Mostly sunny
24°C / 27°C
Monday
Thunderstorms
23°C / 26°C
Tuesday
Partly cloudy
23°C / 28°C
Wednesday
Mostly sunny
25°C / 28°C

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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