Croatia's European Union membership will effect only coastal real estate prices

Croatia's European Union membership will have little effect on real estate prices on mainland Croatia, the majority of Croatia's agencies agree reports Croatian Times.


Only those doing business in the coastal areas such as Croatia's Istria (north) and Split-Dalmatia County (south) believe prices will be significantly different once Croatia becomes a fully fledged member.

These are the results of the latest survey of more than 100 real estate agencies throughout Croatia conducted by real estate portal CentarNekretnina.net.

Half of the agencies (51 per cent) believe that apartment prices are likely to go down in this year, with an estimated drop of eight per cent on average. House prices are expected to go up again in summer 2012.
Expectations differ somewhat according to the region.

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