Apartments Are Still More Expensive than Houses Throughout Croatia

Apartments remained more expensive than houses in December as well, with the difference averaging 22.4 per cent.

Whether to buy an apartment or a house is a decision that can be both right and wrong, depending on one's desires, needs, possibilities, and way of life. If the initial price of a property is the primary criterion for making a decision, it is likely that the buyer will have more square meters of a house than an apartment for the same amount of money. As evidenced by the postings on the Crozilla.com site in December, apartment prices 22.4 per cent higher than house prices. Despite the higher prices, buyers are more likely to opt for buying an apartment, and the data from Crozilla.com show that apartments are still more sought-after than houses.

The rise in prices, along with the increase in sales volume, made it harder to find a quality apartment within realistic price ranges, and their values increased by 3.1 per cent during December on the Crozilla.com site, while house prices showed a smaller increase and were 1.6 per cent higher over the year.

Poreč, where 2,011 euros were posted as the average price per square meter of an apartment, remained the only town in December where houses were more expensive than apartments, with a difference of just 3 per cent, or 61 euros per square meter.

The data from Crozilla.com show that the largest difference in prices per square meter of houses and apartments in December was 907 euros, recorded in Opatija, where the average price per square meter of an apartment was 3,151 euros.

In Šibenik, apartments were posted at an average price of 2,219 euros per square meter, while houses were 646 euros cheaper. In Zadar, the difference was 627 euros, and the average price per square meter of an apartment was 2,263 euros. A difference of over 300 euros between house and apartment prices in December was recorded in Split, where an average of 2,914 euros was posted as the price per square meter of an apartment, and in Senj, where the price per square meter was 1,525 euros.

A small difference of 3.2 per cent was recorded in Dubrovnik. The average price per square meter of apartments posted on the Crozilla.com site in December was 3,710 euros, while houses were 118 euros cheaper. Dubrovnik continued to be the most expensive town, with such high values.

The most sought-after town for buying apartments in December was Zagreb, where significant price differences are visible: an average of 2,082 euros was posted as the price per square meter of an apartment, while houses were 738 euros cheaper.

In Bjelovar, houses were as much as 44 per cent cheaper than apartments, whose square meters were posted at an average price of 756 euros. In Osijek, apartments were posted at 961 euros per square meter, in Varaždin at 1,154 euros, while in both towns, houses had values approximately 37 per cent lower than those of apartments. Data from Crozilla.com show that somewhat smaller differences in prices were recorded in Slavonski Brod, where apartments, whose square meters were posted at an average price of 789 euros, were 17.2 per cent more expensive than houses.

Source: news.crozilla

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