Thursday, 10 March 2022

Price of New Flats Up 7.8% in 2021

ZAGREB, 10 March 2022 - The average price of new flats in Croatia in 2021 was HRK 13,713 per square metre, which is 7.8% more than in 2020, show data from the national statistical office.

In the capital Zagreb, the average price of a new flat was HRK 14,672 per square metre, 4.7% more than in 2020, while in other cities it was HRK 12,577 or 12.3% more.

The average price of a new flat sold by companies and other legal entities, not including the government-subsidized housing construction scheme, was HRK 13,843 per square metre, 7.6% more than in 2020.

The price of those flats in Zagreb was up by 4.6% to HRK 14,891, while in other cities it was 12.1% higher, at HRK 12,627.

The average price of flats built under the POS subsidized housing construction scheme was HRK 7,642, 0.8% down from 2020.

In Zagreb, POS flats cost HRK 7,689 per square metre on average, up 2.3% from 2020, while in other cities they cost HRK 7,472 per square metre, 7.2% down.

In 2021, 4,678 new flats were sold, of which 2,594 in Zagreb and 2,084 in other cities. Of the total number of sold flats, 82 were flats from the POS scheme and 4,596 were sold by companies and other legal entities.

In the second half of 2021, the average price of a new flat in Croatia was HRK 14,038 per square metre, 11% more than in the same period of 2020.

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