Apartment prices in Dubrovnik in 2025 are high and rising, and are generally considered realistic given the very limited supply and strong demand. Specific prices depend greatly on the location in the city, the quality of the property, and its characteristics.
In prestigious areas such as the Old Town and Solitudo, prices can reach up to €10,000–€15,000 per square meter for spacious luxury apartments. However, most apartments fall within the range of €4,000–€7,000 per m² for good locations and quality.
The average asking price per square meter in Dubrovnik is around €5,600 in 2024/2025, which is among the highest in Croatia and represents a notable increase compared to previous years.
Some experts believe that certain prices are overvalued due to specific conditions (proper ownership status, shared ownership, property condition), whereas large and luxury apartments in attractive areas justify high prices.
Limited supply and Dubrovnik’s tourist appeal further push prices up, though practical buyers generally seek a good balance between location and cost.
In conclusion, the current high prices on Dubrovnik’s real estate market reflect genuine demand and the city’s inability to quickly expand its housing stock, making them realistic — especially for high-quality and luxury apartments. For cheaper properties or those in less attractive areas, high prices are harder to justify, but overall, Dubrovnik’s property values remain exceptionally high by Croatian standards.
