Apartments 13.2% More Expensive Than Last Year, New Construction Increased by 22%

Residential property prices in Croatia continue to rise at double-digit rates, with the latest data from the Croatian Bureau of Statistics (DZS) indicating a new wave of price increases in the second quarter of 2025. Compared to the first three months of this year, prices are on average 4.4% higher, while on an annual basis, they have jumped by 13.2%.

The most pronounced growth is again recorded in new residential properties, whose prices increased by 1.5% in the second quarter compared to the previous quarter, and by as much as 22% compared to the same period last year. Existing apartments and houses have become somewhat more expensive; by 5.2% quarterly and 13.7% annually.

Prices are rising in all parts of Croatia, but with different dynamics. In Zagreb, they increased by 3.3% in the second quarter of 2025 compared to the first quarter and by 12.2% on an annual basis. On the Adriatic, the growth was more pronounced; 5.1% quarterly and 12.3% annually. The largest price increases, however, are recorded in other areas of the country, where prices jumped by 5.6% quarterly and as much as 18.2% annually.

The rise in prices is not limited to this year. Already during 2024, constant upward movements were recorded. In the first quarter of 2024, prices were 9.1% higher than a year earlier, in the second quarter the growth accelerated to 10%, in the third to 12.3%, and the end of the year concluded with an annual growth of 10.1%.

Entering 2025 brought additional acceleration. In the first quarter, prices were 4.5% higher than at the end of 2024 and even 13.1% higher compared to the first quarter of 2024. The largest jump was recorded in new construction (+6.4% quarterly and +14.3% annually), while existing properties became more expensive by four and 12.7%, respectively.

Data shows that prices in Zagreb range from 7% to 13% annual growth from the beginning of 2024 to the end of the second quarter of this year. On the Adriatic, fluctuations are greater, peaking in the third quarter of 2024, when prices jumped by 15.9% compared to the previous year. The interior of the country became a record holder during the same period; annual growth reached 18.5%, confirming that demand is increasingly moving beyond the capital and the coast.

From quarter to quarter, statistics record the same pattern: the rise in residential property prices has not stopped since the beginning of 2023. New construction continues to lead in price increases, while existing apartments maintain a stable upward trend. Data from mid-2025 shows that the real estate market in Croatia continues to grow faster than the EU average, and the issue of housing affordability is becoming increasingly pronounced.