Home » News » Croats Becoming ‘Renters’

Croats Becoming ‘Renters’

Croatia has long been a nation of ‘home-owners’, with a high proportion of citizens owning their own property compared with the rest of the western world. That tradition however looks like it is slowly on the decline with an increased demand in ‘renting’ recently.

According to recent data from the Real Estate Agency (APN) in Croatia, over 700 applications in just 15 days were received for rental properties which came up for public tender. On offer were 86 apartments in Novi Jelkovec near the capital Zagreb, which were all quickly snapped up.

The director of leading real estate portal Centar Nekretnine says that the trend has definitely shifted.

“Renting is on the up, to what exact extent we still can not predict. It is clear that in the future citizens will certainly be turning to renting, this will especially be true for the younger generation,” said Ivan Knezevic to Poslovni plus, adding that apartment sales have been constantly dropping and will continue to do so for the next few years.

Share on:
0 / 5 (0 votes)

Sign up to receive the Croatia Week Newsletter

Related Posts

[VIDEO] 2CELLOS Release New Video – Schindler’s List Theme

Croatian cello duo Luka Šulić and Stjepan Hauser today released a new video from their latest album ‘Score’. 2CELLOS new video is a rendition of the theme from the movie Schindler’s List and is off their album ‘Score’ which was released a few weeks ago. The album, recorded with the London Symphony Orchestra, features tunes...

[VIDEO] Fire Crews Leave Split with Honour Procession

With the devastating wildfires which raged around Split on the Croatian coast on Monday and Tuesday now put out, those fire services who helped from all over Croatia have started to head back home. The fire crews were given a send-off as they exited in single file with their sirens going, 24sata.hr reports. Check out the...

Plan for 30 Croatian Smart Benches in Australia by End of 2017

The Croatian company behind ‘the world’s best smart street bench’ hope to install 30 in different locations in Australia by the end of the year. Include, founded by young 21-year-old smart bench inventor Ivan Mrvoš, already have some of their Steora benches in Australia. “Currently we have 5 Steora benches in Australia for testing purpose....

[VIDEO] Estonia Shock Croatia in Tallinn

Croatia have been shocked by Estonia 3-0 in an international friendly in Tallinn on Tuesday evening. Croatia, resting a number of stars from their 1-0 win over Ukraine on Friday night, were led for the first time by Inter Milan midfielder Ivan Perišić. Estonia were looking for their first ever victory over Croatia in 8...

6 Great Vegetarian Places in Croatia

By Alex Cote Despite meat being a staple ingredient in traditional Croatian cuisine, vegetarians can still indulge in savory meatless options in Croatia. The trick is knowing where to look. While most menus offer a vegetarian section, there has to be more to being meat-free than bread, pasta, salad and grilled vegetables. That’s why several...