Real Estate Split

Real Estate Split

City of Split is the main administrative center of Split-Dalmatia county, located in the central-southern part of Dalmatia. It is an exciting and vibrant place to live due to a rich blend of cultures. The population counts 178 192 inhabitants, with about 96% of Croats. Although mostly Croats live there, they are open to getting to know other cultures since the town is a tourist hotspot.

In this modern time, Split is also an economic, educational, sports, and tourist center. Many foreigners come here for educational purposes since a lot of higher education institutions offer programs in the English language. The most popular ones are the School of Medicine and Faculty of economics, business and tourism.

For those in need of recreation and nature, there is Marjan hill. Locals head over there for daily cardio and amazing views of the seaside. Riding a bike, rollerblading, running or simply walking will charge your batteries for the upcoming week.

The other part of the town is mostly neighborhoods with accompanying facilities. Schools, gyms, local shops and small green markets are available in almost every area of the city. On the outer parts, there are three shopping centers where it is possible to find anything you might need.

The most popular beaches are Znjan and Bacvice beach where you can enjoy watching an exciting match of picigin, played by locals. Picigin is a traditional ball game played in shallow waters of the sea.

Life in Split

The area is well connected with nearby islands (Hvar, Brac, Vis, Solta, Korcula), especially during the summertime. The capital of Croatia, Zagreb, is also easily accessible. You can choose to go there by bus, train, car or even an airplane from the Split airport.

Those kinds of activities happen almost the entire year due to excellent weather conditions. Split has a combination of a borderline humid subtropical and a Mediterranean climate. The summer is hot and moderately dry, while the winter is wet and pretty mild. A real winter ambiance should be searched for in the inland since snow is a rare occurrence in this part of Croatia.

Split real estate market

Real estate in Split became very popular with foreign buyers at the end of 1990. The prices of properties were low during those times, but nowadays, they increased significantly.

More and more people are looking into buying a home in the Split area. Generally, Split is a safe city with a low crime rate, which makes it an ideal place to start a family. It also provides business and education opportunities in a variety of fields, even if you are not fluent in the Croatian language.

Buying a property in Split can also be a great long-term investment for those who would like to rent out their space. Usually, traditional stone houses and apartments in the old town require adaptation. Those kinds of investments pay off in no time due to high demand, especially in the summer months. It is possible to rent out apartments during the wintertime as well since there are a lot of students gravitating towards Split for education purposes and need a place to live. Split Real Estate is often compared to Real Estate Trogir .

Real estate near the seafront or close to Marjan hill will be the perfect location for those wanting to own a holiday home in Split. Just a quick walk will be enough to go to the beach or for a morning jog.

Split real estate prices

Prices of real estate in Split depend on type of real estate and exact location or neighbourhood in Split. Around 70.000 foreigners own a property in Croatia, and that number is increasing significantly due to high rise of real estate prices from 2016.

Last few years average price rose by 6% with record high 9% in 2019. Continuous growth is expected in next years following tourism record high numbers. Split real estate prices will definitely grow in a short-term between 3% and 6%. Split has lower prices than Real Estate Dubrovnik , but still higher than other areas – Real Estate Croatia .

You are interested in purchasing a property in Split but are confused about all the conditions? Do not know what would be the perfect property in Split for your needs? For more information about real estate in Split, please contact us and get answers to your questions.