Increase in demand for apartments in Zagreb
According to the data by Crozilla.com, Zagreb apartments were also in greater demand during January than in other cities. This information is not surprising because an apartment in Zagreb has always been considered a good investment.
Apart from, primarily for housing, Zagreb apartments are interesting for buyers and because they could always be used for classic, long-term rental. But lately they are increasingly being viewed through the prism earnings in tourism. The main cause of this is Advent in Zagreb, due to which not only the number of tourists increased, but also the number of real estate buyers.
Borislav Vujović, Director real estate agencies Opereta d.o.o.from Zagreb for Crozilla.com he said that precisely because Advent in ZagrebMore and more people are thinking about the apartment as about the apartment, and how more and more buyers appear who would buy an apartment in a strict center forshort term rental.
According to the real estate ad Crozilla.com, the average asking price of an apartment in the center of Zagreb during January was 1955 euros per square meter — which makes this part of the city, in terms of apartments, more expensive than others.
Smaller apartments in the center and in the tram zone are most in demand
Crozilla.com ad data showed how apartments for sale the most sought after right in the center, and in the real estate agency Opereta d.o.o. share the same opinion, namely, Vujović states that apartments in this part of the city have become very much in demand, and adds: “They sell quickly, but it depends on their price and functionality. There are few 40-square-foot apartments in the Lower Town and that makes them attractive.”
Borsilav Vujovic said how to sell all kinds of apartments in Zagreb, with the fact that they the most sought after small apartments in the center and the tram zone, as well as four-bedroom apartments in good locationssuch as Centar, Jarun, Maksimir, Trešnjevka, and data from real estate classifieds Crozilla.com showed that during January offer of apartments for salemost searched precisely in the listed areas of the city.
The Government Subsidies Program already encourages the purchase of apartments in Zagreb
Except Advent, the increased demand for real estate in Zagreb was also affected by the latest Government measures.“The specificity of the current situation on the Zagreb real estate market is the increased activity of demand for properties that according to their characteristics enter the program of Government interest subsidies on loans that were announced for the middle of this year, but buyers leave nothing to chance and want to be sure that when the program in question starts they will have a suitable property that they have chosen and paid for in the previous months.”— she told Crozilla.com Diana Perger, Owner real estate agency “Euro-interiors”.
The average prices of Zagreb apartments during January recorded slightly higher values than the month before, but also higher than last year in the same month. Average asking price for an apartment in Zagreb, according to Crozilla.com, it was 1643 euros, representing a monthly increase of 0.8 percent, and an annual increase of 1.4 percent. However, it should be noted that the advertised price very often differs from the real one, that is, from the one at which the property is ultimately sold.
“Looking at the offer on web portals and advertisements, it is evident that there is a considerable disproportion of prices of the same or similar properties in the same or similar locations, which leads to confusion among buyers and sellers themselves. Buyers do not know if and how realistic it is to lower a price, and sellers do not know how to price their property. However, practice shows us that until the price of a particular property is reduced to realistic market limits, there is no interest in it, and once the price is placed within marketable limits, the property is sold without a significant decrease.It should be noted that the real estate market in Zagreb is stable in terms of prices and that for a long time there has been no upward or downward movement, so the price of real estate is relatively easy to determine. At the same time, real estate agencies receive information on the achieved prices in real time through the application E nekretnine, which are all tools that help the client to form a real price that then does not differ from the sale price.”— Diana Perger told Crozilla.com.
published on 23.02.2017 year