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How profitable are Airbnb rentals in Dubrovnik? (2026)

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Authored by the expert who managed and guided the team behind the Croatia Property Pack

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Yes, the analysis of Dubrovnik's property market is included in our pack

Dubrovnik is one of the most popular short-term rental markets in the Adriatic, and Airbnb profitability here shifts every year as regulations tighten and tourism patterns evolve.

In this article, we break down realistic Airbnb earnings, expenses, occupancy rates, and legal requirements for Dubrovnik in 2026, including current housing prices and neighborhood-level data.

We constantly update this blog post to keep it accurate.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Dubrovnik.

Insights

  • Dubrovnik Airbnb listings earn roughly 4 to 6 times more per night in July than in January, making seasonal pricing the single biggest lever for annual profitability.
  • Around 5,000 active short-term rental listings compete in Dubrovnik in early 2026, with nearly 78% being apartments or condos, mostly one-bedroom units.
  • Dubrovnik's Old Town has banned new private rental permits since 2024, meaning Airbnb supply inside the city walls is frozen and unlikely to grow.
  • Croatia's 2025 hospitality law requires apartment owners in multi-unit buildings to secure consent from at least two-thirds of co-owners before operating a short-term rental.
  • The most crowded Airbnb price band in Dubrovnik sits between 140 and 220 euros per night, where most "nice apartment near Old Town" listings compete.
  • Top-performing Dubrovnik hosts reach 65% to 75% annual occupancy, about 10 to 15 points above the city average, largely thanks to strong reviews and dynamic pricing.
  • Starting June 2026, Croatia will require every short-term rental to carry a unique registration number under a new EU-aligned national register.
  • A winter-ready Airbnb in Dubrovnik with a desk, heating, and longer-stay pricing can tap into a segment most summer-only listings completely ignore.
  • Villas with pools and sea views near Lozica or Zaton can earn over 20,000 euros a month in peak summer, but carry the highest operating expenses.
  • Dubrovnik's Good Food Festival in October is one of the most underrated demand drivers, giving hosts a real reason to keep listings active past summer.
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Fact-checked and reviewed by our local expert

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Nikki Grey 🇬🇧

CEO & Director, Europe Properties

Nikki Grey’s deep understanding of the European property market gives her unique insights into Dubrovnik’s real estate sector. As CEO of Europe Properties, she helps investors navigate this UNESCO-listed city’s highly desirable market. Whether for luxury rentals or private residences, she ensures clients secure prime properties in Croatia’s most iconic coastal city.

Can I legally run an Airbnb in Dubrovnik in 2026?

Is short-term renting allowed in Dubrovnik in 2026?

As of early 2026, short-term tourist accommodation is legally permitted in Dubrovnik, but it comes with growing conditions that did not exist a few years ago.

The main legal framework is Croatia's Hospitality Act (Zakon o ugostiteljskoj djelatnosti), which sets the rules for tourist accommodation, supported by the eVisitor guest registration system and local tax obligations.

The most important restriction for Airbnb hosts in Dubrovnik in 2026 is that apartment owners in multi-unit buildings must secure written consent from at least two-thirds (66%) of co-owners, plus approval from immediate neighbors, before legally operating a short-term rental.

On top of that, Dubrovnik has banned new private rental permits in and around the Old Town (Stari Grad), and Croatia is rolling out a mandatory national rental register starting June 2026 that will assign a unique ID to every listed property.

Operating an unlicensed Airbnb in Dubrovnik can lead to fines of up to 4,000 euros and permit revocation, so compliance is not optional.

For a more general view, you can read our article detailing what exactly foreigners can own and buy in Croatia.

If you are an American, you might want to read our blog article detailing the property rights of US citizens in Croatia.

Sources and methodology: we cross-referenced Croatia's Hospitality Act, the eVisitor guidance, and Reuters reporting on Dubrovnik's permit ban. We also reviewed Expat in Croatia and our own analysis. All legal references were verified against official government texts.

Are there minimum-stay rules and maximum nights-per-year caps for Airbnbs in Dubrovnik as of 2026?

As of early 2026, there is no nationwide minimum-stay requirement or maximum-nights-per-year cap for Airbnb hosts in Dubrovnik under Croatian law.

These rules do not differ by property type or residency status, meaning the same framework applies whether you rent a studio, a villa, or a three-bedroom apartment anywhere in Dubrovnik.

That said, Croatia's new Tourism Act gives municipalities the power to create destination management plans that can introduce such limits, and Dubrovnik is expected to be among the first to use this authority, so this is worth watching through 2026.

Sources and methodology: we reviewed Croatia's eVisitor framework, EU Regulation 2024/1028, and Narodne Novine legal texts. We supplemented this with our own tracking of Dubrovnik's policy signals.

Do I have to live there, or can I Airbnb a secondary home in Dubrovnik right now?

Croatia does not require you to live in Dubrovnik full-time to operate an Airbnb, and renting out a secondary home to tourists is a well-established practice along the Croatian coast.

Secondary-home owners can legally operate short-term rentals in Dubrovnik as long as each unit is registered, categorized, and the host complies with eVisitor reporting and local tax obligations.

For apartments in multi-unit buildings, the main additional condition since 2025 is securing co-owner consent (at least two-thirds), which can be harder to obtain as a non-resident owner without strong relationships in the building.

The practical difference between renting a primary residence and a secondary home in Dubrovnik is not about different rules but about how easily you can meet the co-owner consent requirement and whether your unit falls in a restricted zone like the Old Town.

Sources and methodology: we used Reuters reporting on Dubrovnik's policy, the Croatian government's eVisitor guidance, and Expat in Croatia. We also integrated insights from our own market analysis.

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Can I run multiple Airbnbs under one name in Dubrovnik right now?

Yes, operating multiple Airbnb listings under one name in Dubrovnik is legal, and many professional hosts already manage portfolios of 10 to 60+ units across the city.

There is no formal cap on properties one person can list for short-term rental in Dubrovnik, as long as every unit is individually registered, categorized, and compliant with the Croatian Hospitality Act.

The main requirement for multi-listing hosts is that each property needs its own approval (including co-owner consent for apartments), its own eVisitor registration, and its own tax reporting, so the administrative load scales with every unit.

Sources and methodology: we inferred multi-listing operations from AirROI host portfolio data, cross-checked with Croatia's registration process, and the Hospitality Act. Our own tracking confirms professional management is widespread in Dubrovnik.

Do I need a short-term rental license or a business registration to host in Dubrovnik as of 2026?

As of early 2026, you need a formal approval called a "Rjesenje" (Decision on hospitality services) to legally host guests in Dubrovnik, plus eVisitor registration and flat-rate tourist tax compliance.

The process involves submitting an application with proof of ownership, a floor plan, fire safety certificate, and categorization evidence to your local county office, and typically takes four to eight weeks.

You will also need co-owner consent (for apartments in residential buildings), a valid OIB identification number, and your property must pass a categorization inspection with a star rating.

Government fees are relatively low, but the flat-rate tourist tax per bed adds up, especially since Dubrovnik raised its per-bed rate to the maximum of 200 euros per year in the Old Town zone.

Sources and methodology: we relied on Croatia's Hospitality Act, the Croatian Tax Administration's guidance, and the eVisitor process. We also drew on our own compliance tracking for Croatian coastal markets.

Are there neighborhood bans or restricted zones for Airbnb in Dubrovnik as of 2026?

As of early 2026, Dubrovnik is one of the only Croatian cities with an active neighborhood-level restriction on new Airbnb permits, targeting its UNESCO-protected Old Town (Stari Grad) and surrounding areas.

The strictest restrictions apply to Stari Grad (inside the walls), with Pile and Ploce also in the policy conversation, and the city aims to reduce tourist beds in the historic core by up to 30%.

These zones are restricted because the Old Town's resident population dropped from about 5,000 in the early 1990s to roughly 1,200 today, and the city faces UNESCO pressure to reverse the displacement of locals by tourist rentals.

Sources and methodology: we used Reuters and Croatia Week reporting, verified against the city's "Respect the City" project. We cross-referenced this with our own policy tracking.

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How much can an Airbnb earn in Dubrovnik in 2026?

What's the average and median nightly price on Airbnb in Dubrovnik in 2026?

As of early 2026, the average nightly price (ADR) for an Airbnb listing in Dubrovnik sits around 140 to 200 euros ($150 to $215), while the median is closer to 130 to 170 euros ($140 to $185).

Roughly 80% of Dubrovnik Airbnb listings in 2026 fall between 90 and 320 euros per night ($95 to $345), reflecting the spread between a basic Gruz apartment and a premium Old Town stone house.

The biggest factor driving nightly pricing in Dubrovnik is location relative to the Old Town: a one-bedroom inside the city walls can command double the rate of a similar unit in Gruz or Montovjerna, even with nearly identical amenities.

By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Dubrovnik.

Sources and methodology: we triangulated ADR data from AirDNA, AirROI, and Airbtics. We converted figures to euros and validated against our own pricing benchmarks.

How much do nightly prices vary by neighborhood in Dubrovnik in 2026?

As of early 2026, the gap is striking: a typical Airbnb night in Stari Grad (Old Town) averages 220 to 400+ euros ($235 to $430+), while a comparable listing in Gruz averages just 110 to 190 euros ($120 to $205).

The three priciest Dubrovnik neighborhoods for Airbnb in 2026 are Stari Grad at 220 to 400+ euros, Ploce at 180 to 320 euros ($195 to $345), and villa-heavy settlements like Lozica and Zaton at 180 to 450+ euros ($195 to $485+).

On the affordable end, Gruz (near the port) at 110 to 190 euros, Montovjerna at 130 to 220 euros ($140 to $235), and Gorica at 130 to 210 euros ($140 to $225) have the lowest rates, though guests still choose them for bus connections, parking, and a quieter base.

Sources and methodology: we started with citywide ADR from AirDNA and AirROI, then applied Dubrovnik's spatial pricing pattern. We verified the spread against our own sample of active listings.

What's the typical occupancy rate in Dubrovnik in 2026?

As of early 2026, the typical annual occupancy rate for an Airbnb in Dubrovnik falls between 50% and 65%, or roughly 15 to 20 booked nights per month averaged across the year.

The realistic range covering most listings sits between 40% and 75%, with the lower end representing winter-dormant properties and the upper end reflecting year-round optimized listings.

Dubrovnik performs slightly above Croatian coastal peers like Zadar or Sibenik thanks to stronger brand recognition and a longer shoulder season, though it lags behind major European cities with less seasonal demand.

The biggest factor for above-average occupancy in Dubrovnik is a high review score (4.8+ stars), because the city attracts many "once in a lifetime" travelers who are especially cautious about where they book.

Sources and methodology: we triangulated occupancy from AirROI, AirDNA, and Airbtics, weighting toward conservative figures for Dubrovnik's extreme seasonality. We also applied our own seasonal model.

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What's the average monthly revenue per listing in Dubrovnik in 2026?

As of early 2026, the average monthly revenue per active Airbnb listing in Dubrovnik lands around 1,800 to 3,500 euros ($1,950 to $3,775), depending on property type, location, and year-round availability.

Roughly 80% of Dubrovnik Airbnb listings earn between 1,000 and 5,500 euros ($1,080 to $5,930) per month, reflecting the spread between a winter-dormant studio and a well-managed two-bedroom in Lapad.

Top-performing listings can earn 5,500 to 9,000+ euros ($5,930 to $9,700+) per month in peak summer, and the best properties clear 40,000 to 50,000 euros annually. That works out to roughly 3,500 to 4,200 euros per month on a twelve-month average.

Finally, note that we give here all the information you need to buy and rent out a property in Dubrovnik.

Sources and methodology: we anchored revenue on AirROI trailing data and Airbtics annual figures. We cross-checked against AirDNA and our own revenue modeling.

What's the typical low-season vs high-season monthly revenue in Dubrovnik in 2026?

As of early 2026, a typical Dubrovnik Airbnb can generate 4,000 to 9,000 euros ($4,300 to $9,700) per month during high season, while low-season revenue drops to just 600 to 1,500 euros ($650 to $1,620).

High season runs from June through August (July being the peak), low season stretches from November through March, and the months of April, May, September, and October act as shoulder season where smart hosts can still capture solid bookings, especially around events like the Good Food Festival in October.

Sources and methodology: we used seasonality patterns from AirDNA and AirROI, validated against the Dubrovnik Tourist Board's event calendar. We also applied our seasonal revenue model for Croatian coastal markets.

What's a realistic Airbnb monthly expense range in Dubrovnik in 2026?

As of early 2026, monthly expenses for a Dubrovnik Airbnb run from about 450 to 1,100 euros ($485 to $1,185) self-managed, 800 to 2,200 euros ($860 to $2,370) professionally managed, and 1,200 to 4,000+ euros ($1,295 to $4,310+) for a villa with pool and garden.

The largest expense category for most Dubrovnik hosts is cleaning and turnover costs, running 50 to 100 euros ($55 to $110) per changeover and adding up fast in high season with two or three turnovers per week.

Dubrovnik Airbnb hosts should expect to spend 35% to 55% of gross revenue on operating expenses, with professionally managed properties at the higher end due to management commissions (typically 15% to 25% of revenue).

If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Dubrovnik.

Sources and methodology: we built expenses bottom-up using cleaning, utility, and management benchmarks, pressure-tested against the Croatian National Bank's 2026 inflation outlook. We also referenced the Croatian Tax Administration's guidance and our own cost database.

What's realistic monthly net profit and profit per available night for Airbnb in Dubrovnik in 2026?

As of early 2026, a typical Dubrovnik Airbnb listing nets 900 to 1,600 euros ($970 to $1,725) per month on a twelve-month average, translating to a profit per available night of roughly 30 to 55 euros ($32 to $59).

The net profit range across most Dubrovnik listings spans from about 500 euros ($540) per month for a basic apartment, up to 2,500 to 8,000+ euros ($2,700 to $8,625+) for a prime-location property in peak summer.

Self-managing hosts in Dubrovnik typically achieve a 45% to 65% net margin, dropping to 30% to 45% with a professional property manager.

The break-even occupancy rate for a typical Dubrovnik Airbnb in 2026 sits around 25% to 35%, meaning you need roughly 8 to 11 booked nights per month to cover costs before earning profit.

In our property pack covering the real estate market in Dubrovnik, we explain the best strategies to improve your cashflows.

Sources and methodology: we triangulated revenue from AirDNA and AirROI, applied our expense model with inflation data from the Croatian National Bank, and converted to net profit. Our methodology weights conservative occupancy to avoid overstating returns.

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How competitive is Airbnb in Dubrovnik as of 2026?

How many active Airbnb listings are in Dubrovnik as of 2026?

As of early 2026, Dubrovnik has approximately 4,800 to 5,500 active short-term rental listings across Airbnb and Vrbo, making it one of the densest vacation rental markets per capita in Croatia.

This count has remained stable compared to 2024 and 2025 (when it hovered between 4,500 and 5,000), because the Old Town permit ban and co-owner consent rules have slowed new supply, though the longer-term trend since 2019 still shows significant growth from pre-pandemic levels.

Sources and methodology: we triangulated counts from AirROI (around 4,812), AirDNA, and Airbtics (around 4,512). We treat the 4,800 to 5,500 overlap as the most defensible number, supplemented by our own tracking.

Which neighborhoods are most saturated in Dubrovnik as of 2026?

As of early 2026, the most saturated Dubrovnik neighborhoods for Airbnb are Stari Grad (Old Town), Pile, Ploce, Lapad, and Babin Kuk, where new hosts face the toughest competition.

These areas are saturated not just because tourists want to stay there, but because legacy hosts have accumulated years of reviews that newcomers struggle to compete against, especially in the Old Town where the permit freeze means no new supply is entering.

Relatively undersaturated neighborhoods offering better opportunities include Montovjerna, Boninovo, Gorica, and upper Gruz, where you can still walk to the Old Town in 15 to 25 minutes but face far less listing density.

Sources and methodology: we combined listing density patterns from AirDNA and AirROI with Reuters reporting on permit restrictions. Our own neighborhood analysis informed the rankings.

What local events spike demand in Dubrovnik in 2026?

As of early 2026, the three biggest demand drivers for Dubrovnik Airbnb hosts are the Dubrovnik Summer Festival (July to August), the Winter Festival (late November to early January), and the Good Food Festival (October).

During the Summer Festival, nightly rates can jump 20% to 40% above the already-high July baseline, and occupancy in well-located listings often hits 90% to 100% for weeks.

Smart hosts should adjust pricing and minimum-stay settings at least four to six weeks before each event, because experienced travelers often book Summer Festival dates as early as February or March.

Sources and methodology: we identified demand spikes using the Dubrovnik Tourist Board, the Summer Festival site, and the Good Food Festival page. We cross-referenced timing against seasonal patterns from our STR data partners.

What occupancy differences exist between top and average hosts in Dubrovnik in 2026?

As of early 2026, top-performing Airbnb hosts in Dubrovnik achieve 65% to 75% annual occupancy, roughly 20 to 23 booked nights per month.

Average Dubrovnik hosts land at 50% to 60%, so the gap is 10 to 15 percentage points, which translates directly into thousands of euros in additional annual revenue.

A new Airbnb host in Dubrovnik typically needs 6 to 12 months of active management (building reviews, tuning pricing, optimizing photos) to reach top-performer levels, assuming a competitive location and solid amenities.

We give more details about the different Airbnb strategies to adopt in our property pack covering the real estate market in Dubrovnik.

Sources and methodology: we anchored averages on AirROI and AirDNA citywide data, then applied a conservative top-performer uplift consistent with competitive STR markets. We also used our own performance tier analysis.

Which price points are most crowded, and where's the "white space" for new hosts in Dubrovnik right now?

The price range with the highest concentration of Dubrovnik Airbnb listings is 140 to 220 euros ($150 to $235), where most "nice apartment near Old Town or Lapad" listings compete fiercely.

The crowded band extends to 320 euros ($345), and "white space" exists below 100 euros ($108) for budget extended stays and above 400 euros ($430) for genuinely premium villa experiences that few listings deliver well.

New hosts can compete in underserved segments by offering winter-ready stays with heating, a work desk, and monthly pricing for remote workers, or family-friendly two to three-bedrooms in Lapad or Babin Kuk with elevator access, parking, and clear arrival instructions that solve Dubrovnik's logistical headaches.

Sources and methodology: we identified price bands using ADR distribution from AirDNA and AirROI, mapped against Dubrovnik-specific pain points. Our white-space analysis draws on guest feedback patterns in the market.
infographics comparison property prices Dubrovnik

We made this infographic to show you how property prices in Croatia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What property works best for Airbnb demand in Dubrovnik right now?

What bedroom count gets the most bookings in Dubrovnik as of 2026?

As of early 2026, one-bedroom apartments generate the most bookings on Airbnb in Dubrovnik, making up roughly 45% of active listings and consistently leading in occupancy.

The booking breakdown by bedroom count is approximately 10% to 12% for studios, 43% to 45% for one-bedrooms, 23% to 25% for two-bedrooms, and 18% to 22% for three-bedrooms and larger, though revenue per booking rises for bigger properties.

One-bedrooms lead in Dubrovnik because the dominant traveler profile is couples on short cultural trips, and about 99% of guests are international visitors who book for three to five nights and value location over space.

Sources and methodology: we used size distribution data from AirROI (1-bedrooms at 44.8%), AirDNA, and Airbtics guest origin data. We supplemented with our own demand analysis of Dubrovnik's traveler profile.

What property type performs best in Dubrovnik in 2026?

As of early 2026, well-located one to two-bedroom apartments are the best-performing property type for Airbnb in Dubrovnik by reliable annual profitability, though villas generate the highest absolute revenue in peak summer.

Apartments achieve the highest occupancy (roughly 55% to 70% annually), followed by houses (45% to 60%) and villas (40% to 55%), because apartments are easier to book for short stays and cost less to operate.

Apartments outperform in Dubrovnik specifically because the hilly terrain, limited parking, and stairway-heavy Old Town create friction that smaller, well-positioned apartments solve more easily, and because the dominant couple-traveler market does not need a villa for a four-night trip.

Sources and methodology: we compared property types using AirROI (apartments at 77.7% of listings), AirDNA occupancy benchmarks, and Reuters on supply constraints. We validated with our own performance comparisons.

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Dubrovnik, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why we trust it How we used it
Ministry of Tourism (Croatia) - Hospitality Act It is the official legal text from Croatia's tourism ministry. We used it to ground the legal basis for short-term accommodation. We treated it as the primary reference above blogs and forums.
Narodne Novine - Official Gazette of Croatia It is the official publisher for all Croatian laws. We used it to cross-check legal definitions and enforcement powers. We relied on it over secondary commentary.
Croatia Government - Tourist Registration (eVisitor) It is Croatia's official guidance on tourist registration. We used it to explain the compliance workflow for guest registration. We grounded operational requirements on this source.
Croatia Government - Tourist Tax It is Croatia's official tourist tax information page. We used it to confirm tourist tax obligations. We referenced it for pass-through costs and host duties.
Croatian Tax Administration It is the tax authority's own explanation of flat-rate rental income tax. We used it to explain the per-bed tax mechanism. We structured expense estimates around this guidance.
EU Regulation 2024/1028 (EUR-Lex) It is the official EU text on short-term rental transparency. We used it to explain the move to mandatory registration numbers. We referenced it to time mid-2026 changes.
City of Dubrovnik - Official Gazette It is the city's official channel for binding decisions. We used it to verify Dubrovnik-level hosting rules. We treat it as the source of truth over media summaries.
City of Dubrovnik - "Respect the City" Project It is Dubrovnik's official overtourism policy program. We used it to understand where the city targets tourism measures. We framed restricted-zone logic on this program.
Reuters - Dubrovnik Banning New Permits Reuters is a top-tier wire service with strong fact-checking. We used it to corroborate the Old Town permit ban. We preferred official city documents when available.
Reuters - Croatia National Clampdown Reuters is widely relied on for European policy reporting. We used it to flag national policy risk and tax tightening. We did not treat draft rules as final without official confirmation.
AirDNA - Dubrovnik Market Overview It is one of the most used STR datasets globally, covering Airbnb and Vrbo. We used it to estimate ADR, occupancy, and seasonality. We cross-checked against other datasets to avoid single-source bias.
AirROI - Dubrovnik Market Report It provides an independent STR benchmark with market counts and revenue tiers. We used it to triangulate listings and revenue. We used it as a counterweight when other data looked inconsistent.
Airbtics - Dubrovnik Revenue Data It offers a third independent source of Dubrovnik Airbnb data. We used it to validate revenue and occupancy. We referenced its guest-origin data to confirm Dubrovnik's traveler profile.
Dubrovnik Tourist Board - Winter Festival It is the destination's official events publisher. We used it to identify late-November to early-January demand spikes. We estimated shoulder-season uplift from this source.
Dubrovnik Tourist Board - Good Food Festival It is the official page for a major October event. We used it to map October demand as a key shoulder month. We referenced it for event-driven pricing power.
Dubrovnik Summer Festival It is the festival's official organizer site. We used it to validate peak cultural season timing. We referenced it for the July-August premium pricing window.
Croatian National Bank (HNB) - Macroeconomic Projections It is the central bank's official economic outlook. We used it to set a realistic 2026 cost environment. We checked expense inflation against the bank's projections.
Expat in Croatia - Tourist Accommodation Guide It is a well-maintained regulatory guide for hosting in Croatia. We used it to verify co-owner consent rules and the Rjesenje process. We cross-referenced against official texts.
Croatia Week - Dubrovnik Apartment Ban It is a widely-read English-language Croatian news source. We used it to track Dubrovnik's apartment ban timeline. We corroborated against Reuters and official city sources.

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