An Overview of the Real Estate Market in the Republic of Croatia – 2019​

Commissioned by: Ministry of Construction and Physical Planning
Project duration: April 21, 2020 – June 19, 2020
Project manager: Ivana Rašić
Collaborators: Sunčana Slijepčević, Nebojša Stojčić, Maruška Vizek

The main goal of the publication was to make basic information regarding the state and trends on the real estate market in Croatia publicly available in order to enable a more effective management of Croatian real estate and a more efficient and rational management of the Croatian territory. The overview of the real estate market in Croatia focused on the existing conditions and trends on the real estate market. It thereby differentiated between several types of real estate properties: apartments (including apartments built for tourist accommodation), family houses, business properties, construction properties, agricultural properties, and forest land. The data presentation emphasized the average (median) purchase prices of real estate, the average size of the real estate, and the average age of the real estate (in case of residential properties). Data were provided for each type of real estate and each type of indicator on a national level, county level, the level of local self-government units, and the level of cadastral municipalities for the City of Zagreb.

 RESEARCH AREAS: Macroeconomics, Croatian economy