Opera, the leading real estate company in Croatia, which has been present on the market since 2003, recently opened an office in Šibenik. We analyzed the real estate market in Šibenik and Lika-Senj County, and the results are as follows:

1. Sales trend of apartments in Šibenik (2020-2023):

2020: 169 sold apartments
2021: 306 sold apartments
2022: 244 sold apartments
2023: 255 sold apartments

After the peak in 2021, the market shows a slight decline, with a large share of POS programs in 2024 (52.26% sales).

2. Prices and most active neighborhoods: The average price of an apartment in 2024 was 2,221 EUR/m², and the average price of an apartment was 146,190 EUR (68 m²). The most active neighborhoods were Baldekin, Šubićevac, Vidici and Center.

3. Market in Lika-Senj County: A total decline of 1.67% in the number of transactions in 2024 was recorded, with a special increase in the sale of building land (+2%) and apartments (+1%).

4. Role of foreign buyers: Foreign buyers made up 18% of all transactions, with 887 sales in 2024, further increasing demand, especially on attractive locations.

5. Recommendations:

For buyers: Plan a budget and research financial options, pay attention to attractive neighborhoods.
For sellers: Set realistic prices and prepare documentation in advance.
For investors: Focus on building and adapting apartments, investing in building land and tourist locations.

Original article Šibenik.in

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