The real estate market in Dubrovnik is currently going through a stabilization phase
The real estate market in Dubrovnik is currently going through a stabilization phase with moderate cooling, but prices remain high and attractive for the premium segments. In the first half of 2026, the average price per square meter is around €4,700 in the city, peaking in the Old Town and Ploče (6,000–9,000 €/m²), while peripheral areas such as Mokošica are around 2,300–3,500 €/m².
Current prices and trends
The average apartment price has reached around €216,000 at the beginning of 2026, with growth of 3–7% expected during the year, but slower than in previous years due to a 13–17% drop in transactions in 2025 (a total of 117,359 sales in Croatia). Foreign buyers have pulled back by 22%, especially on the coast, which has led to a cooling, but premium properties with sea views and those used for tourist rentals are still growing by 5–9% in zones such as Gruž or Babin Kuk.
| Location | Price (€/m², March 2026) | Trend |
|---|---|---|
| Old Town / Ploče | 6,000–9,000 | Stable growth |
| Lapad / Babin Kuk | 4,500–6,500 | Moderate growth |
| Gruž / Mokošica | 3,500–4,000 | Cooling |
| City average | ~4,700 | +3–5% annually |
Influencing factors
Tourism supports demand, but global uncertainty and new regulations (faster permits but stricter fines up to €30,000) are slowing down volumes. The negotiation margin is 5–12% below the asking price, with an average selling time of 75–110 days. Stabilization is expected in 2026 with growth of 3–5%, especially in urban centers such as Dubrovnik.
