Real estate market in Croatia: trends, prices, predictions, analysis, recommendation and advices for acquiring new residence in Croatia real estate sale market
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Real estate market in Croatia
Croatia property trend and prices - Croatia Real Estate Market Overview
Croatia Real Estate market is still immature and in transition.
Due to strong demand by foreign buyers, tourist industry growth and new big infrastructure projects, construction activity and property prices have risen all along the Adriatic coastline and in capital Zagreb average 17% in year 2003. Some destinastions rice more than 30%.
Lower interest rate on loans for Croatian citizens in august 2004 speed up new apartment price.
All agree: price will rice more as we closing to EU.
However, Croatia Real property prices are still favorable comparing to other European and especially Mediterranean countries.
Spain before 10 years or Mediterranean's next Riviera
As more and more European discover small Mediterranean country in southeast of Europe - more going to find residence on east side of Adriatic See. Still many lands, apartments, simple rural and old stone property waiting for new owners. Croatia have population density 78,5 per km and many undiscovered warm places waiting to be founded. Sea coast of 5835,3 km, especially 4000 km on Croatia islands offer many chances for investing amount in something promising in near future. Port villages, churches and palazzi, all built from the same Dalmatian stone atracting visitors from ancient times seek new owners.
Now, Dalmatia's coast is Mediterranean's next Riviera and hot investment opportunity in west and east.
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| Why Croator | ||
Dux Croator |
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Your Croator in The next Riviera
Croator mission is to serve your investment in 17% average annual growth market (2003). From property finding, estimation, legal support, architectural design plans to final decision - you will have friendly advice and support needed to be one among 30.000 successfully buyers (of total 85.000 processed) in Croatia Real Estate sale game*.
Average price of sold Real Property in Croatia 1994-2004
Price index as at august 2004 (EU/m2, Euros per sqm)
| Property type | Croatia | Zagreb | Adriatic | |
| House | 1090 | 1380 | 1030 | |
| New apartment | 1390 | 1490 | 1410 | |
| Commercial | 1520 | 2010 | 1250 | |
| Land for development | 50 | 125 | 85 | |
| more |
Here, we present urban flats, new hotels, luxury villas, custom buildings, resort residences together with interesting landscaped grounds, palace, rural and new build apartment for sale.
For investment property, please send contact message or call.
Sunny Island House
Croatia Adriatic offer amazing atmosphere and the clearest seas of the Mediterranean as it once was. More than 1000 sunny islands with rich culture heritage, fishers villages and sunny bays becoming again famous holidays destinations.
Following our mission, we looking for property on prime location in Dalmatia, especially on islands Hvar, Brac, peninsula Peljesac, around Dubrovnik and Rovinj in Istria. Here we offer hard to find old stone houses for people looking for authentic Mediterranean way of living.
In Zagreb we offer new apartments for very elegant urban living. This time is excellent opportunitiy to acquire prime location place in the sun at reasonable price. Send request
Croatia market numbers
As at end of December of 2003:
Total of new buildings, dwellings and additions
with building permits: 4 103 471.
Residential property total: 2 455 370
Non-residential property: 1 648 101
New dwellings with permits: 21 245
Apartments (dwellings) total: 1 877 126
Apartments for vacation and recreation: 182 513
Foreign real property investments: 30 000
Tourist season 2003 results:
Foreign tourists - total arrivals: 8 878 000:
Hotels, villas and all suite hotels: 3 013 000 visits
Tourist resorts: 666 000 visits
Camping sites: 1 879 000 tourist arrivals
Private rooms, apartments, suites and summer houses: 1 667 000
Nautical ports: 689 000 tourist arrivals
Number of citizens: 4 437 460
Your best Croator in Croatia
Croator is Real Estate specialist for Croatian Adriatic and capital Zagreb.
From Rovinj to Dubrovnik, we offer hard to find lands and houses which prices are still very favorable, particularly on the Adriatic sunny islands.
Legal acts and laws concerning real estates market in Croatia
New Croatia Real estate building low simplified most of unnecessary operations needed for building permission of new house. Same tame, new law forbidden constructions activity near sea and in protected natural ares. For more detailed information about, contact our solicitor.
Here is list of some important legal acts concerning real estate market in Croatia.
| Zakon o prostornom uređenju |
| Pravilnik o obliku i sadržaju prijave poreza na promet nekretninama (NN 73/97) |
Hunting Croatia property advice
Houses and lands with "clear papers" (clear title, "1/1") are sold fast. Lot of listings for sale are published in printed newspapers and on local radio stations - most are not with cleare title or missing from registry at all ("crna gradnja"). Many of real property transactions are made in local environment and never come in any public medium or real estate agency. Be aware of buying property without permit or owners sheet.
Latest Property for sale - clear title real property in croatia
* informations for croatia real property buy-sale in 2003