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Real estate prices stagnating in Croatia

ZAGREB, Jan 26 (Hina) - The average asking price for real estate in Croatia stagnated in January in comparison to December 2010, the Centar Nekretnina real estate agency reported on Wednesday.

The average price has been calculated based on 528,000 asking prices.

In the Croatian capital Zagreb, asking prices increased 0.4 percent while they decreased 0.2 percent in the Adriatic region in January on the month.

However, the asking real estate prices went down 3.6 percent in Zagreb in January on the year, and 4.2 percent in the Croatian Adriatic region.

The average asking price for a flat in Zagreb was EUR 1,825 per square metre this month and the average asking price for a house in Zagreb came to EUR 1,163 per square metre.

The average price for a summer cottage or a condominium apartment in the coastal region was EUR 1,948 per square metre,

The agency expects a marginal rise in the volume in real estate trade in 2011.

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