Growing prices of real property
Latest Institute of Economics analysis
According to the latest analysis from the Zagreb Institute of Economics, the number of flats built in Zagreb last year was by almost one-fifth higher compared to 2017 and the average price of a flat was by 6.8% higher than the year before. The total value of transactions in Croatia’s real property market in 2017 was HRK 27.8bn or 7.7% of GDP and flats accounted for the most of this. Real property prices are expected to continue growing slightly in the following period as well, at least in Zagreb and along the coast, this analysis states.