Real Estate Dubrovnik, Dalmatia

Real estate in Dubrovnik is highly sought after, reflecting the city's popularity as both a tourist destination and a historical gem. The city's well-preserved medieval architecture and stunning coastal views make it an attractive option for property buyers seeking unique and culturally rich investments. Since Croatia's EU membership in 2013, purchasing property in Dubrovnik has become more accessible for EU and international citizens, further boosting interest in this vibrant market.

Dubrovnik, often referred to as the "Pearl of the Adriatic" or the "Croatian Athens," is a city in southern Dalmatia with approximately 42,000 residents (according to the 2011 census). Dubrovnik's famous Old Town has been a UNESCO World Heritage site since 1979. George Bernard Shaw once said, "If you want to see heaven on earth, come to Dubrovnik." Indeed, the city has much to offer its many visitors. A walkable medieval city wall, Gothic churches and palaces, narrow streets with traditional old Dalmatian stone houses, beaches, and crystal-clear seawater captivate not only tourists but also filmmakers, with Dubrovnik's Old Town serving as a backdrop for productions like "Game of Thrones" and "Star Wars VIII."

It is believed that Dubrovnik originated around 300 BC when the area was inhabited by the Illyrians. In the Middle Ages, known then as the Republic of Ragusa, Dubrovnik flourished due to its active trade and its strategically valuable position as a safe harbor protected by offshore islands. At that time, Dubrovnik was one of the major trading and maritime centers alongside Venice. However, a devastating earthquake and the dissolution of the independent Republic of Dubrovnik brought an end to the city's prosperity. On June 25, 1991, Croatia declared its independence from Yugoslavia, leading to Dubrovnik coming under attack. According to tour guides in Dubrovnik, nearly 80% of the roofs were destroyed. In the years that followed, most of the damaged buildings were restored, contributing to the picturesque cityscape we see today.

Due to the steadily increasing number of visitors, UNESCO has limited the maximum number of tourists allowed in Dubrovnik at any one time to 8,000. In 2016, according to the "Telegraph" newspaper, a total of 529 ships with 799,916 passengers docked in and around Dubrovnik. The city's most famous attraction is the city wall, with five fortifications and 16 towers—it stretches over 1,900 meters and is open to visitors year-round. A visit to the magnificent Stradun street in the Old Town is also highly recommended. Other notable sights include the city's palaces and churches, as well as the Lovrijenac and Minčeta fortresses. A ride on the Dubrovnik Cable Car to the approximately 400-meter-high Mount Srđ is also worthwhile, offering breathtaking panoramic views of the city, coastline, and sea—a memorable experience that is well worth the cost and wait.

Property prices in Dubrovnik, Southern Dalmatia: The average price for real estate in Dubrovnik is around 3,960 EUR per square meter. Detailed information and further insights can be found here: Real Estate Prices in Croatia 2023. Since Croatia's accession to the EU in 2013, private property buyers have the same rights as Croatian citizens, making it easy for EU citizens to purchase real estate in Dubrovnik and other regions.