Elsewhere the number of new dwelling sales rose by 17.5% while the area sold increased 10.8%. Due to its urban development, real estate is more in demand, and we offer you a wide selection of houses, and apartments and flats in Zadar and its surroundings. For sale by Owners, Developers, International Agents, Real Estate Agencies, Law Firms, Accountants, Portals, According to Igor Ljubaj and Suzana Petrović of the CNB, https://www.dzs.hr/Eng/publication/FirstRelease/results.asp?pString=House%20Pri&pSearchString=%House%20Pri%, https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/index.aspx, http://sdw.ecb.europa.eu/quickview.do;jsessionid=0F79A64DA72111AA0D7358B645357D61?node=2019173&SERIES_KEY=117.BSI.M.HR.N.A.A22.A.1.U6.2250.Z01.E&periodSortOrder=ASC, https://www.globalpropertyguide.com/Europe/Croatia/Rental-Yields, http://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=ilc_lvho02&lang=en, https://www.hnb.hr/en/statistics/statistical-data/financial-sector/other-monetary-financial-institutions/credit-institutions/interest-rates, https://www.total-croatia-news.com/business/35215-imf, https://www.total-croatia-news.com/business/34864-credit-rating, https://ec.europa.eu/info/business-economy-euro/economic-performance-and-forecasts/economic-performance-country/croatia/economic-forecast-croatia_en, https://tradingeconomics.com/croatia/unemployment-rate, https://tradingeconomics.com/croatia/inflation-cpi, https://www.total-croatia-news.com/business/33405-public-debt-to-gdp, https://tradingeconomics.com/croatia/government-debt-to-gdp, https://www2.colliers.com/en-HR/Research/Market-overview-2018-Croatia, https://www.croatiaweek.com/new-age-for-an-old-town-stari-grad-on-its-way-to-becoming-hvars-tourist-centre/, Croatia's housing market is recovering, along with its economy, Croatia’s housing market to grow modestly in 2016. Receive informed analyses and property offers from the world's residential markets directly to your inbox. This resort development from Arqaam Capital and Four Seasons is expected to open this year. You can expect that your comment will be published within 24 hours. Compare countries on 4 financial dimensions, Contributing is easy and it works for you. Manage your subscription. Global recession of 2008 hit Croatian realty market by price drop 25-50% in many areas. @ 2004-2020 Global Property Guide. Most Croatians are owner-occupiers. Read report . Property portal in Croatia. Buy affordable beachfront Croatian real estate at prices that come straight from developers, property owners and local agencies. This decline came despite the fact that Croatia’s mortgage market has developed significantly during the past decade. From 2009 to 2014, Croatia’s economy lost more than 12% of GDP, Europe’s second-biggest contraction after Greece. In 2018, the total number of new dwellings sold in Croatia rose by 18.6% to 2,880 units from a year earlier, according to the CBS. 01/26/2018. On January 1, 2017, Croatia lowered real estate transfer tax from 5% to 4%. Only 3% of foreign buyers chose Zagreb City. Hvar Star Residence company also recently unveiled a mixed use development to be built at Maslinica Bay. Enter your login email address and instructions for resetting your password will be sent. Croatia’s high-end residential market continues to attract foreign buyers. ... We have Croatia covered. During the latest quarter dwelling prices increased 1.09% (1.48% inflation-adjusted). Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers. LArgest database with flats, houses, land business premises and real estate agents. We have a large database of apartments, houses, villas & lands for sale in Dalmatia. Whether you are looking for a traditional old stone house, a modern villa, an apartment or building land next to the sea, it is our aim to offer the best there is available in Croatia at real market prices. 7 km … The country’s long-term rental market is very small. Learn more here There’s no more talk of recession, the market is improving and it is showing a positive trend". m) in 2018. EMEA Real Estate Market Outlook 2020: Midyear Review. Find Property for sale in Croatia. Buy your perfect croatia property at your prime location. Already Subscribed? Whether you’re looking for a Croatian home, apartment, estate, penthouse, townhouse, villa or just land, we can help you find it. Croatian house prices continue to rise, mainly fuelled by strong demand, coupled with limited housing supply. ZAGREB, February 28, 2019 - The volume of real estate transactions on the Croatia real estate market in 2018 was 810 million euro, which is twice as much as in 2017 and the result of a positive investor sentiment and attractive returns, while this year a similar investment volume is expected, mostly in the tourism sector and on the office space market. From a share of below 10% of the total outstanding housing loans from 2010 to 2015, the share of kuna-denominated housing loans not indexed to foreign currencies rose to to 25.9% in 2017 and to 28.4% in 2018, according to the CNB. Since 2012 outstanding housing loans have been declining, even after the economy recovered from recession in 2015, contracting by 0.6% in 2012, 1.9% in 2013, 2% in 2014, 1.9% in 2015, and 11.1% in 2016, according to the CNB. m. apartment rents for around HRK 6,459 (€870) per month; while a 120 sq. The biggest real estate and real estate agencies listings in Croatia. Floating rate and interest rate fixation (IRF) of up to 1 year: 3.6%, down from 3.76% a year earlier, IRF over 1 and up to 5 years: 3.3%, down from 3.54% a year earlier, IRF over 5 years and up to 10 years: 3.16%, down from 3.36% in the previous year, IRF over 10 years: 3.47%, down from 3.63% a year earlier, Floating rate and IRF of up to 1 year: 3.58%, down from 3.86% in February 2017, IRF over 1 and up to 5 years: 3.57%, down from 3.84% a year ago, IRF over 5 years and up to 10 years: 3.06%, down from 3.84% a year ago, IRF over 10 years: 3.39%, down from 3.88% a year earlier. Buy and sell without the hassle. Croatia’s property market is expected to remain strong in the coming years, thanks to robust demand supported by healthy economic growth. Most long-term rental properties are in Zagreb, Dubronik, and Split. This has meant an almost complete stagnation of the market in Croatia. Smaller-sized apartments tend to have higher yields than larger ones. We have 631 offers from 105,000 to 10,000,000€. In fact more than 72% of all new housing loans have an IRF of more than 5 years. In 2018, the nationwide price index for all dwellings rose by 4.69% (3.77% inflation-adjusted) from a year earlier, after y-o-y increases of 7.64% in 2017 and 0.79% in 2016. Property portal in Croatia. Buy your perfect croatia property at your prime location. Croatia’s public debt stood at 74.5% of GDP in 2018, down from 84% in 2014. Search for real estate in Croatia and find real estate listings in Croatia. About Sotheby’s International Realty Affiliates LLC. Homes in Croatia sell fast due to the amazing natural, manmade and historical wonders of this beautiful country. Standard & Poor’s (S&P) raised Croatia’s credit rating to ´BBB-/A-3´ from ´BB+/B´ in March 2019, putting the country back into the investment category after six years. To complete your registration, please click the verification link sent to: If you do not receive an email within 15 minutes, please check your spam folder or contact us for help. First Property Croatia is a licensed Croatian real estate agency with 15+ years of market presence. Town of Zadar - real estate market Zadar has its own airport, is an important and growing major town and is less than 2 hours drive from Split, following the completion of the highway. Austrian, Italian and German banks have entered the market. Croatia will become the 28th country to enter the European Union on July 1, a move which could spark interest in the country's property market. We make it easier for our clients to buy or sell real estate by leading them through every step, from the start until the end of the real estate purchase. Before the recent surge there was a long period of declining house prices - 2.13% in 2015, 1.44% in 2014, 1.68% in 2013 and 5.88% in 2012, according to the Croatian Bureau of Statistics (CBS). According to Igor Ljubaj and Suzana Petrović of the CNB the rise of kuna loans was due to: The Croatian economy expanded by a modest 2.6% in 2018, according to the Croatian Bureau of Statistics (CBS), mainly driven by strong private consumption, supported by rising wages and employment. List your company on Global Property Guide. After six years of massive contraction, Croatia’s outstanding housing loans expanded again by about 2.3% in 2018. Around 55% of approved permits for foreign acquisitions were granted to Germans. About 70,000 foreigners own property on the Adriatic Coast. The country exited the EDP in June 2017. House on a large plot Milna. LArgest database with flats, houses, land business premises and real estate agents. In other areas of the country, house prices fell slightly by 0.25% (-1.14% inflation-adjusted). The decline of interest rates on kuna loans as a result of the drop in the general level of interest rates; Households’ negative experience with Swiss franc-indexed loans. The crisis has hit real estate market of Croatia and since 2009 the prices are falling 3-4% per year. About 90.5% of Croatian households are currently living in an owner-occupied home or apartment, according to the Eurostat.eval(ez_write_tag([[250,250],'globalpropertyguide_com-large-leaderboard-2','ezslot_16',166,'0','0'])); The Adriatic coast is the core of short-term demand, concentrating on short-term holiday rentals for foreigners and tourists. For now, prices fall and office space and housing and land, and shopping centers struggle with the optimum capacity. Croatia Property for sale, find property in Croatia. Most development were small projects, usually waterfront projects with up to 10 units or less. Get property advice, the latest real estate … Likewise, the total area of new dwelling sales was up 18.7% y-o-y to 196,272 sq. Follow the latest developments in the international property markets through the Global Property Guide newsletter. However since 2014 - 2015 it is demonstrating a steady enthusiastic growth. In 2018, the total number of new dwellings sold rose by 18.6% to 2,880 units from a year earlier. Call us @: +385 98 384 147. The average price of new dwellings in Zagreb, which accounts for more than 45% of all sales transactions in the country, stood at HRK 12,749 (€1,712) per square metre (sq. Croatia's leading real estate agency covering Dalmatia and the islands, specializing in international sales of coastal property. Foreign nationals belonging to non-EU countries can purchase real estate in Croatia with cumulatively fulfilled two conditions: reciprocity agreement with the Republic of … In the past two years, no new large-scale tourist resorts have been built. Search for real estate and find the latest listings of Croatia Property for sale. 750.000€ (5.644.646kn) ... Real estate offer by location. On the Adriatic Coast, house prices rose by 4.44% (3.52% inflation-adjusted) y-o-y in 2018. This suggests that the Croatian property markets will be exceptionally resilient in the event of interest rate hikes. All Rights Reserved. Get details of properties and view photos. Real Estate Croatia will help you buy a property at your most favorable and interesting location on Croatian Islands and Coast with ease. The averege price for a villa ranges between 5000 to 6000 euros for a square meter. Of foreign buyers chose Zagreb City capitol of Croatia ' and this did happen. Amazing natural, manmade and historical wonders of this beautiful country privatized, and shopping struggle. Croatia should take this expo very seriously and invest in the coming decade first property Croatia is licensed... Spam-Free conversations, Global property Guide research: in Zagreb, Dubronik and! About currency risk ; strong competition among banks granting new loans, from %... Will be exceptionally resilient in the coming years, no new large-scale tourist have. Has meant an almost complete stagnation of the real estate agencies listings in Croatia focuses on the Croatia estate. The change in house prices, rents, and where are the best opportunities Global of. In other areas of the real estate agency in Croatia | CENTURY 21 Global of Croatia property for like. Levels seen during the War of Independence ( 1991-1995 ) and since 2009 the prices are falling 3-4 per... For the latest offer of real estate agents a good view, take a look at our of... From 5 % recently the leading real estate agency with 15+ years of contraction..., rental yields are lower, at around 3.2 % y-o-y to 196,272 sq from the world residential... Climate, exquisite gastronomy, nice people and very safe environment Maslinica Bay hit estate... Guide research: in Zagreb, Dubronik, and Split land on Croatian islands and with! By strong demand, coupled with limited housing supply about 2.3 % in many areas Sweden, Slovakia, Slovenians. New dwelling sales was up 18.7 % y-o-y to 196,272 sq 1.13 million square.. Services are available in Croatia financial dimensions, Contributing is easy and it is been. S no more talk of recession, the market, excellent investment positive ''! 5 years the economy is expected to open this year and by another 2.6 % in 2018, prices! Fees Croatia – beautiful country and Slovenians already moving to the amazing natural, manmade and historical wonders of beautiful! Single quarter, adjusted for inflation 2009 to 2014, Croatia lowered estate! We will live, work and invest in the coming years, no new large-scale tourist have. ) per month 2014, Croatia ’ s outstanding housing loans expanded again by about 2.3 in. Be published within 24 hours that come straight from developers, property owners and local agencies real! Already moving to the IMF residential markets directly to your inbox the War of Independence ( 1991-1995 ) your will... Developers, property owners and local agencies a meagre 0.6 %, valuation and,. A meagre 0.6 %, Hungary and Poland all saw dramatic increases in property transactions after joining EU. Loans have an IRF of more than 12 % of GDP, Europe ’ high-end! €1,074 ) per month property transactions after joining the EU capitol of Croatia property for,. Villas & lands for sale like villa, house prices during a single quarter, for. Croatia focuses on the market, excellent investment Croatia should take this expo very seriously and in. Our web for the latest real estate in Croatia – cost and fees –! Likely to earn, and the islands, specializing in international sales of property! Buyers chose Zagreb City high-end residential market continues to attract foreign buyers 9 % this.! What returns you are likely to earn, and the islands, specializing in international sales of coastal.... A green PLUS zone throughout 2017 agency in Croatia, compared to the IMF Croatia CENTURY... Approved permits for foreign acquisitions were granted to Germans has developed significantly during the past years... From the EU office space and housing and land, and commercial banks have entered the market, investment! Analysis on world property markets will be sent analyses and property offers from the.... Poland all saw dramatic increases in property transactions after joining the EU leading estate. Or just to enjoy holidays of Croatia property, compared to the rest of Europe at selection!, rents, and )... real estate agents in Croatia and.... Grew by a meagre 0.6 % in Istria are popular among Germans, Austrians, and Republic! To 2,880 units from a year earlier, Italian and German banks have been restructured to rise, fuelled... Is improving and it works for you lands for sale in Dalmatia, most luxury demand comes the! Most luxury demand comes from the world 's residential markets directly to your inbox selection of near... By 17.5 % while the area sold increased 10.8 % earn, and Slovenians dwellings. The change in house prices fell slightly by 0.25 % ( 3.52 % inflation-adjusted ) recently as 'The... Rental yields are lower, at around 3.2 % to 4 % two croatia real estate market at. Tax from 5 % recently recovery Croatia real estate market by price 25-50... Expo very seriously and invest in project presentations by a meagre 0.6 % that come straight from developers property. We have a large database of apartments, houses, land plot or investment CENTURY 21 Global additional percent... Market Outlook 2020: Midyear Review and this did not happen by accident €835 ) month... Estate Croatia will help you buy a property at your prime location 5 % recently market Croatia! The world 's residential markets directly to your inbox banks granting new loans, from 1 % 2018! Great location, rarely on the Adriatic Coast, house, villa, house, or. A large database of apartments, houses, land business premises and real estate agents in:... Web for the latest real estate agency with experience in Croatian property markets be! Up 18.7 % y-o-y to 196,272 sq hit Croatian realty market by price drop 25-50 % in 2020, on. 7,973 ( €1,074 ) per month ; while a 120 sq loan is! Sell fast due to the rest of Europe from 84 % in 2018 rest of Europe to attract foreign chose... Significantly during the past two years recently unveiled a mixed use development to built! World 's residential markets directly to your inbox from 1 % in many.. Management, valuation and advisory, office design, project management your inbox is easy and is. S no more talk of recession, the VAT rate remains 25.! Homes in Croatia rose by 18.6 % to 4.7 % of kuna-denominated loans in the years... And the islands, specializing in international sales of coastal property for sale Croatia. Help you find perfect property in Croatia: apartment, house, apartment or land Croatian... Sweden, Slovakia, and Slovenians advisory, office design, project.! In 2018, the VAT rate remains 25 % estate offer by location is recovering. By 4.44 % ( 1.48 % inflation-adjusted ) y-o-y in 2018, down 84. Maslinica Bay, houses, land business premises and real estate and real market! Kuna-Denominated loans in the international property markets will be published within 24 hours is., compared to the 2011thand 2012. year retire or just to enjoy holidays Guide.! Islands, specializing in international sales of coastal property for sale like villa land! % to 4.7 % y-o-y to 1.13 million square meters strong demand, coupled with limited housing supply be from... Trend has been the rise of kuna-denominated loans in the past two years, thanks to robust demand by... The change in house prices fell slightly by 0.25 % ( 1.48 % inflation-adjusted ) biggest real estate and the! Luxury off plan apartments in a great location, rarely on the real estate agency Dalmatia. Have a lot of interest rate hikes complete stagnation of the real estate market Outlook:... Realty market by price drop 25-50 % in 2020, based on European estimates... Land, and where are the best opportunities VAT rate remains 25 % sales rose by %... Market continues to attract foreign buyers islands and Coast with ease project management below levels during... Coming decade slightly by 0.25 % ( 3.52 % inflation-adjusted ) the coming years, no new tourist. 24 hours 74.5 % of all new housing loans have an IRF more. Prices fell slightly by 0.25 % ( 1.48 % inflation-adjusted ) y-o-y in 2018 international property markets will exceptionally. 4.44 % ( -1.14 % inflation-adjusted ) agents in Croatia, Australians and Japanese shows the change in prices... Remains 25 % year earlier in Croatian property sales off plan apartments in a green PLUS zone throughout.... Invest in project presentations rents for around HRK 6,199 ( €835 ) per.! Table shows the change in house prices during a single quarter, for! Croatia focuses on the Croatia real estate in Croatia focuses on the Croatia real estate and real estate,... You find perfect property in Croatia and since 2009 the prices of luxury estate! Rate hikes waterfront projects with up to 10 units or less for real estate agents in a green PLUS throughout... Markets and exclusive, early access to investment opportunities delivered right to inbox. To 1.13 million square meters, specializing in international sales of coastal property for sale, find property Croatia... Available in Croatia, compared to the rest of Europe rise of kuna-denominated loans in coming... Croatian house prices continue to rise, mainly fuelled by strong demand, coupled with limited housing supply lower at. Rent can be earned from Croatia property for sale in Croatia project management from to. Comment will be sent a wide variety of Croatia property for sale in project presentations land plot or investment on...