Croatia has been a member of the European Union since 2013. Since its entry into the union, real estate prices have started to rise along with the rising standard of living. Residential real estate on the Croatian coast saw average annual price increases of 10 % in 2018-2020. The growth in the new residential buildings by the sea was a record 35 % in 2021. As of 2023, Croatia will join the European Monetary Union and introduce the common European currency: the Euro.
Investing in real estate is still considered one of the safest ways to protect capital against inflationary depreciation. In the case of renting the property to third parties there is a possibility of a quick return on the investment.
