Split Real Estate: Most Expensive Neighborhoods in City

By 5 February 2019

The price of residential square meters have not stopped growing in Split, and those who wish to buy real estate in the city regularly affirm that it is no convenient or straightforward task. To give you an example, a ground floor unit in Brda even sold at a price higher than 2000 euro per square meter. Yikes. 

According to the annual Njuškalo survey on a sample of more than 150,000 real estate properties, significant growth was recorded in 2018. Apartment prices in Croatia grew by almost 8 percent last year, while housing prices rose by 4 and a half percent, reports Slobodna Dalmacija on February 4, 2019. 

“The biggest rise in apartment prices last year was recorded in Dubrovnik, where the average asking price was 3773 euro per square meter and was higher by 16 percent compared to 2017. In Split, the average asking price for a flat was 2792 euro per square meter, which is more than 11 percent higher compared to the same month of 2017,” reports Martina Kuterovac from Njuškalo.

“One of the most expensive neighborhoods is Meje, where the average asking price for an apartment is 3728 euro per square meter, growing more than five percent in 2018. Among the neighborhoods that recorded the biggest jumps in apartment prices is undoubtedly the center, where the cost in just 12 months grew by almost 18 percent. Currently, the average asking price for an apartment is 3485 euro per square meter. 

Just after is Bačvice and Varoš where the average price per square meter is 3000 euro There are also neighborhoods where the average apartment prices are far lower than the average, like, in the Split 3 area, the average asking price per square meter for an apartment is 2246 euro, while in Sućidar it is 2114 euro and they recorded a growth of 14 percent last year,” states Kuterovac.

As for housing prices in Split, they are even higher. The list of the most expensive cities is again led by Dubrovnik, though Split follows not far behind in second place. Housing owners in Split are looking for an average of 3029 euro per square meter. 

Split is usually one of the few cities where the price per square meter for a house is higher than an apartment.

“This is the result of many luxury houses sold in Split, and the most expensive ones are in Meje. There, you’ll find an average price of 5496 euro per square meter, or nearly 10 percent higher compared to 2017. There are also neighborhoods in Split where housing prices fell in 2018, so Žnjan saw a fall of almost 10 percent, and the average price per square meter for a home is about 3450 euro.

In neighborhoods such as Sućidar and Mejaši, houses are far below the city average. The average price of a house in Sućidar is 1443 euro per square meter, while homes in Mejaši are asking for less than a thousand euro, or about 905 euro per square meter,” Martina Kuterovac said.

Apartment prices per square meter by neighborhood

Meje 3.728 euro

Grad 3.485 euro

Bačvice 3.272 euro 

Varoš 3.069 euro

Žnjan 2.933 euro

Housing prices per square meter by neighborhood

Meje 5496 euro

Grad 4416 euro

Žnjan 3450 euro

Gripe 3403 euro

Manuš 3059 euro

To read more about Split, follow TCN's dedicated page