New Zagrebean Quarter ‘Središće’ has become the most desirable quarter in that part of Zagreb

The ‘Središće’ quarter in the New Zagreb, which is also known as ‘Bundek’ after the lake and park, has become the most desirable New Zagrebean quarter, and now in terms of popularity it ranks alongside the Vrbani III, Trešnjevka and Trnje neighborhoods, writes Novac.hr. After the Bundek park was renovated and the American Rochester Institute of Technology Croatia (RIT Croatia) high school was opened in the Centar Bundek, and the American International School in Zagreb (AISZ) was finished a few months ago, there was a slight increase in the demand for apartments in Središće, and the construction of new residential buildings also added to this. Smaller, quality three- and four-bedroom apartments with a surface area ranging from 60 to 90 square meters are in high demand, and they cost a bit more than 200,000 euros. However, prices are high, with some even reaching 3,000 euros per square meter.

A lot of varied content and good location

Boro Vujović, director of the real estate agency Operta, said that this neighborhood has a lot of content and is close to the city center, which all contributes to its value. In addition to the above-mentioned American educational institutions and the park, there is the Avenue Mall nearby, the Museum of Contemporary Art, the Hippodrome and a hypermarket not far away. “The rise in demand for Bundek began a few years ago when Zagrebačka banka built the Centar Bundek. The recent relocation of the American school has further contributed to the popularity of the quarter itself. Središće is fortunate to be positioned near the Bundek lake, which is one of its largest attractions.” Just like on the other side, west of the quarter Vrbani III made a big step back, something similar is happening here too. New Zagreb is beautifully planned, but there is no space for new buildings, whereas in this quarter several new construction sites have been opened, which is another advantage for the market,” said Sergio Serdarušić, director of the agency Eurovila.

Good traffic connection

The Središće quarter is well connected with the city center by both road and public transport, with the airport and the A1 motorway, and a new elementary school has recently been built. However, there is not enough supply of luxurious and large apartments for diplomats who want to live near the American school. Due to the higher demand than supply, Središće is currently the most expensive New Zagrebean quarter by the price of the square meters, which are now at their maximum. “In the newest buildings on Bundek, the prices of the square meters were sold for around 2,300 euros. Now, even in older buildings in the neighborhood, prices have increased, so sellers are asking for 2,000 euros per square meter for the best ones. Some are even advertising well-equipped apartments in newer buildings for 3,000 euros per square meter. However, I believe that those high prices will level out when all the remaining apartments in the large new building Meandar are moved in, as there will be more apartments on the market for rent, and some will also be sold. This will reduce the deficit,” said Boro Vujović from Operta for Novac.hr.

Americans are particularly interested

In the Meandar residential center, apartments were sold at the beginning of the construction, and the price of the square meter was between 1,890 and 2,190 euros. "The price of the square meter of around 2,000 euros in new construction is a realistic value and I believe it will soon stabilize," emphasizes Vujović and adds that employees of the U.S. Embassy are particularly interested in this part of Zagreb as there is only the Embassy in Buzina, and now there are American educational institutions. source: net.hr

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