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What are housing prices like in Dubrovnik right now? (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

Housing prices in Dubrovnik have continued to rise through 2024 and into early 2026, with the average apartment now selling for around €216,000.

The city's limited coastal space and strong tourism demand keep pushing prices higher, especially for properties with sea views or within walking distance of the Old Town.

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

  • Small apartments in Dubrovnik (15 to 24 square meters) sell for around €4,250 per square meter in 2026, which is nearly double what larger 120+ square meter units fetch, because compact properties are easier to rent and finance.
  • Dubrovnik apartment prices jumped roughly 9% between 2023 and 2024, reaching €3,217 per square meter, driven mainly by tourism rentability and scarce premium inventory near the city center.
  • Property buyers in Dubrovnik typically negotiate 5% to 12% below the initial asking price in 2026, with the biggest discounts happening when homes need renovation or lack clear documentation.
  • The Old Town and Ploče neighborhoods command €6,000 to €9,000 per square meter as of the first half of 2026, while value-oriented areas like Mokošica and Nova Mokošica range from €2,300 to €3,500 per square meter.
  • New-build apartments in Dubrovnik cost roughly 10% to 20% more per square meter than older stock in 2026, reflecting modern amenities and the city's limited supply of fresh construction.
  • Over the past ten years, Dubrovnik residential prices have risen about 62% in nominal terms, from €1,985 per square meter in 2014 to €3,217 in 2024.
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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.

What is the average housing price in Dubrovnik in 2026?

The median housing price gives you a better sense of what most people actually pay, because it sits right in the middle of all transactions and is not skewed by a few ultra-expensive sales.

We are writing this as of the first half of 2026 using the latest data from the City of Dubrovnik, the Ministry of Physical Planning, and the Croatian Bureau of Statistics, all of which we manually verified for accuracy.

The median apartment price in Dubrovnik in 2026 is approximately €210,000 (around $248,000, or €210,000). The average apartment price is roughly €216,000 (about $255,000, or €216,000).

Around 80% of residential properties in the Dubrovnik market in 2026 fall between €100,000 and €350,000 (approximately $118,000 to $413,000, or €100,000 to €350,000).

A realistic entry range in Dubrovnik in 2026 is €120,000 to €170,000 (about $141,000 to $200,000, or €120,000 to €170,000), which typically gets you an existing one-bedroom apartment of 30 to 40 square meters in Nova Mokošica or Mokošica, often in a simple building that may need light updates.

A typical luxury property in Dubrovnik in 2026 ranges from €1.2 million to €2 million (approximately $1.41 million to $2.36 million, or €1.2 million to €2 million), which usually means a penthouse or sea-view high-end apartment of 120 to 180 square meters in Ploče, the Old Town edge, or Babin Kuk seafront, either newly built or fully renovated with a terrace and stunning views.

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

Sources and methodology: we relied on the City of Dubrovnik's 2024 real estate report, which is based on actual closed transactions from the national eNekretnine system. We cross-checked these figures with the Ministry of Physical Planning's 2025 average apartment price data and national statistics from Croatia's Bureau of Statistics. We used the median sale from the City's size-band breakdown to estimate the median ticket price, and we converted all amounts using the European Central Bank's exchange rate of approximately 1 EUR = 1.1787 USD as of late December 2025.

Are Dubrovnik property listing prices close to the actual sale price in 2026?

In Dubrovnik in 2026, property listings typically close around 5% to 12% below the final asking price.

Sellers in a high-tourism city like Dubrovnik often test the market with optimistic pricing, especially for properties with sea views or near the Old Town. The biggest gaps between asking and closing prices happen when a home needs renovation, has unclear documentation, limited parking, or when comparable sales do not support the seller's expectations.

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What is the price per sq m or per sq ft for properties in Dubrovnik in 2026?

As of early 2026, the median apartment price in Dubrovnik is approximately €3,300 per square meter (about $3,890 per square meter, or €3,300 per square meter), which equals roughly €307 per square foot (around $361 per square foot, or €307 per square foot). The average apartment price is €3,217 per square meter (approximately $3,792 per square meter, or €3,217 per square meter), which equals about €299 per square foot (around $352 per square foot, or €299 per square foot).

Very small apartments of 15 to 24 square meters in Dubrovnik in 2026 have the highest price per square meter at around €4,252, while very large apartments over 120 square meters have the lowest at roughly €2,589 per square meter, because compact units are easier to rent and finance while bigger units reach a smaller pool of buyers who can afford the higher total ticket price.

In Dubrovnik in 2026, the highest price per square meter is found in the Old Town (Stari Grad) and Ploče, where properties range from €6,000 to €9,000 per square meter (approximately $7,072 to $10,608 per square meter). The lowest ranges are in Mokošica and Nova Mokošica, where properties typically run €2,300 to €3,500 per square meter (around $2,711 to $4,125 per square meter).

Sources and methodology: we calculated price-per-square-meter figures using the City of Dubrovnik's 2024 transaction report, which shows achieved prices by size bands for 249 apartment sales. We cross-referenced these with the Ministry of Physical Planning's local unit data for additional verification. We converted square meters to square feet using the standard ratio of 1 square meter = 10.7639 square feet, and we applied the ECB exchange rate for all USD conversions.

How have property prices evolved in Dubrovnik?

Compared to one year ago, Dubrovnik apartment prices rose roughly 9% in 2024, climbing from €2,960 per square meter in 2023 to €3,217 per square meter in 2024. This increase happened mainly because tourism demand keeps strong rental income potential high, and premium properties with views or parking near the city center remain in very short supply.

Compared to two years ago, prices have grown even more noticeably, with the 2024 average of €3,217 per square meter representing a solid jump from earlier post-pandemic levels. International buyers and second-home demand have pushed prices higher, especially after euro adoption and the normalization of financing conditions following the 2022 to 2024 inflation period.

By the way, we've written a blog article detailing the latest updates on property price variations in Dubrovnik.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Dubrovnik.

Sources and methodology: we traced the year-over-year change using the City of Dubrovnik's multi-year price series, which tracks achieved apartment prices from 2014 onward. We referenced European Commission inflation data to contextualize nominal versus real growth. We also considered market dynamics from Burza nekretnina statistics, which highlight asking versus achieved price trends in the Croatian market.

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How do prices vary by property type in Dubrovnik in 2026?

In Dubrovnik in 2026, apartments and condos make up roughly 85% of residential sales, while houses and villas account for about 15%, because the city's coastal geography and historic core favor multi-unit buildings over standalone homes.

The average apartment price in Dubrovnik as of the first half of 2026 is around €216,000 (approximately $255,000, or €216,000). Houses vary widely depending on land size and location, but typical family houses often start well above apartment prices, with many ranging from €750,000 to over €1 million (about $884,000 to $1.18 million, or €750,000 to €1 million).

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we determined the property-type breakdown from the City of Dubrovnik's 2024 transaction counts, which separate apartments from houses. We calculated average prices by dividing total sales value by the number of transactions, and we cross-checked these ranges against Ministry data and national statistics from the Croatian Bureau of Statistics.

How do property prices compare between existing and new homes in Dubrovnik in 2026?

In Dubrovnik in 2026, new-build properties typically cost around 10% to 20% more per square meter than comparable older stock.

This premium exists because modern construction offers better insulation, layouts, elevators, parking, and energy performance, all of which matter for year-round living and future resale, and because new supply is scarce in a constrained coastal city where available land is limited.

Sources and methodology: we estimated the new-versus-existing premium by comparing Croatian Bureau of Statistics data on new dwelling prices with the City of Dubrovnik's achieved price averages, which include mostly resale transactions. We also considered market observations from Burza nekretnina, which tracks new versus existing stock pricing trends across Croatia.

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How do property prices vary by neighborhood in Dubrovnik in 2026?

Lapad is popular with expats who want year-round livability, beaches, cafes, and local services within walking distance. You typically find renovated apartments and mid-size family apartments here, with prices ranging from €300,000 to €550,000 (approximately $353,000 to $648,000, or €300,000 to €550,000) as of the first half of 2026, because the neighborhood balances convenience and lifestyle without the extreme premium of the Old Town.

Babin Kuk attracts buyers looking for sea views and resort-style living in newer buildings, often with terraces. Properties here usually run from €350,000 to €800,000 (around $413,000 to $943,000, or €350,000 to €800,000) as of the first half of 2026, reflecting the premium for modern construction and waterfront access.

Ploče and the Old Town edge draw prestige-focused buyers who want proximity to the historic core and stunning views. You will find premium renovated stone apartments and luxury view properties, with prices from €500,000 to over €2 million (approximately $589,000 to $2.36 million, or €500,000 to €2 million) as of the first half of 2026, because these areas offer the ultimate Dubrovnik living experience with very limited supply.

You will find a much more detailed analysis by areas in our property pack about Dubrovnik. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Neighborhood Character Typical Price Range Price per Sq M Price per Sq Ft
Old Town (Stari Grad) prestige / walkable €450k - €1.5M / $530k - $1.77M €6,000 - €9,000 / $7,072 - $10,608 €557 - €836 / $657 - $986
Ploče luxury / views €500k - €2.0M / $589k - $2.36M €5,500 - €8,000 / $6,483 - $9,430 €511 - €743 / $602 - $876
Lapad expat / lifestyle €300k - €550k / $353k - $648k €4,500 - €7,000 / $5,304 - $8,251 €418 - €650 / $493 - $767
Babin Kuk newer stock / views €350k - €800k / $413k - $943k €4,500 - €7,500 / $5,304 - $8,840 €418 - €697 / $493 - $821
Boninovo close-in / quiet €320k - €650k / $377k - $767k €4,500 - €7,000 / $5,304 - $8,251 €418 - €650 / $493 - $767
Montovjerna family / close-in €300k - €600k / $353k - €707k €4,000 - €6,000 / $4,715 - $7,072 €372 - €557 / $438 - $657
Gruž commute / marina €220k - €450k / $259k - $530k €3,500 - €5,500 / $4,125 - $6,483 €325 - €511 / $383 - $602
Čokolino / Solitudo residential €260k - €500k / $306k - $589k €3,800 - €5,800 / $4,479 - $6,836 €353 - €539 / $419 - $637
Komolac space / car-friendly €250k - €550k / $295k - $648k €3,000 - €4,500 / $3,536 - $5,304 €279 - €418 / $329 - $493
Mokošica value / commuting €120k - €260k / $141k - $306k €2,500 - €3,500 / $2,947 - $4,125 €232 - €325 / $273 - $383
Nova Mokošica value / family €120k - €240k / $141k - $283k €2,300 - €3,300 / $2,711 - $3,890 €214 - €307 / $252 - $361
Zaton coastal village €350k - €900k / $413k - $1.06M €3,500 - €5,000 / $4,125 - $5,894 €325 - €465 / $383 - $548
Sources and methodology: we built these neighborhood ranges using the City of Dubrovnik's citywide achieved price baseline and applying typical location premiums for Dubrovnik's prime versus value-oriented areas. We cross-checked these estimates against Ministry of Physical Planning data and market observations from Burza nekretnina. We converted all amounts using the ECB exchange rate.

How much more do you pay for properties in Dubrovnik when you include renovation work, taxes, and fees?

In Dubrovnik in 2026, buyers typically pay around 5% to 9% more than the purchase price when you add in real estate transfer tax, notary fees, land registry costs, and sometimes agency and legal support.

If you buy a property for around €170,000 (approximately $200,000, or €170,000) in Dubrovnik in 2026, you can expect to pay an additional €12,000 to €15,000 (about $14,000 to $18,000, or €12,000 to €15,000) in fees and taxes, which brings your total cost to roughly €182,000 to €185,000 (around $214,000 to $218,000, or €182,000 to €185,000). This assumes no major renovation work, just the standard transaction costs.

For a property bought around €424,000 (approximately $500,000, or €424,000) in Dubrovnik in 2026, the additional fees and taxes would be roughly €30,000 to €38,000 (about $35,000 to $45,000, or €30,000 to €38,000), bringing your total to around €454,000 to €462,000 (approximately $535,000 to $545,000, or €454,000 to €462,000).

If you purchase a property for around €848,000 (approximately $1 million, or €848,000) in Dubrovnik in 2026, you would add roughly €59,000 to €76,000 (about $70,000 to $90,000, or €59,000 to €76,000) in fees and taxes, for a total of around €907,000 to €924,000 (approximately $1.07 million to $1.09 million, or €907,000 to €924,000).

By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Dubrovnik.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Dubrovnik

Expense Category Estimated Cost Range
Real estate transfer tax tax Typically around 3% of the assessed value or purchase price for resale properties, as explained by the Croatian Tax Administration. The exact rate can vary depending on the property and buyer circumstances. New-build purchases may have different VAT treatment.
Notary fees fees Usually around 0.3% to 1.0% of the purchase price, with minimums that apply to lower-value transactions. These fees cover the official notarization of the sale contract.
Land registry fees fees Typically a few hundred euros to register the property transfer in the official land registry. The exact cost depends on the property value and complexity.
Legal review fees Around €800 to €2,500 (approximately $943 to $2,946) for a lawyer to review the purchase contract, check title, and ensure there are no legal issues. Highly recommended for foreign buyers or complex transactions.
Agency commission fees If you engage a buyer's agent, commission is typically a few percentage points of the purchase price. The structure varies by agreement, and sometimes the seller covers all commission.
Light refresh renovation Around €100 to €250 per square meter (approximately $118 to $295 per square meter) for painting, minor fixes, and cosmetic updates. This does not include major structural or system work.
Medium renovation renovation Roughly €300 to €700 per square meter (about $354 to $825 per square meter) for updating kitchens, bathrooms, flooring, and some electrical or plumbing improvements. This is typical for older apartments that need modernization.
Full renovation renovation Around €800 to €1,500+ per square meter (approximately $943 to $1,768+ per square meter) for a complete gut renovation with premium finishes, new systems, structural work, and high-quality materials. Common for heritage properties or luxury upgrades.
Sources and methodology: we estimated transaction costs using guidance from the Croatian Tax Administration for real estate transfer tax and typical notary and registry fee structures in Croatia. We based renovation cost ranges on local construction price estimates in Dubrovnik, cross-referenced with Burza nekretnina market data and the City of Dubrovnik's transaction patterns.
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 properties can you buy in Dubrovnik in 2026 with different budgets?

In Dubrovnik in 2026, a budget of $100,000 (approximately €84,800) is generally below the typical transaction range for standard apartments in the city proper, so you may occasionally find a tiny studio needing major work far from the core, but availability is very limited and such properties often have complicated documentation that is not beginner-friendly.

With $200,000 (around €169,700) in Dubrovnik as of the first half of 2026, you can typically get an existing 30 to 40 square meter apartment in Nova Mokošica in basic condition, a 25 to 35 square meter apartment in Mokošica that needs light renovation, or an older small one-bedroom on the Gruž fringe if it requires updating.

With $300,000 (approximately €254,500) in Dubrovnik as of the first half of 2026, you might find an existing 45 to 60 square meter apartment in Gruž in decent condition, a 55 to 70 square meter apartment in Mokošica or Nova Mokošica in a better building with parking possibilities, or an older 40 to 55 square meter unit on the Lapad edge with some trade-offs in condition or parking.

With $500,000 (around €424,200) in Dubrovnik as of the first half of 2026, you could get an 80 to 100 square meter family apartment in Montovjerna with good year-round livability, a renovated 60 to 75 square meter apartment in Lapad with the lifestyle location premium, or a smaller but premium 45 to 60 square meter unit in Babin Kuk in a newer building with a terrace.

With $1 million (approximately €848,400) in Dubrovnik as of the first half of 2026, you can purchase a high-quality 100 to 140 square meter apartment with views in Lapad or Babin Kuk in newer stock, a stone or heritage 80 to 120 square meter unit on the Old Town edge that is fully renovated, or a smaller luxury 70 to 100 square meter property in Ploče with high specifications and views.

With $2 million (around €1.7 million) in Dubrovnik as of the first half of 2026, you can buy a luxury 140 to 200 square meter penthouse in Ploče with a terrace and sea views, a prime Old Town trophy apartment (size varies) that is fully renovated heritage property, or a high-end villa-style home in Zaton or a similar premium coastal area, with the final outcome depending on condition and plot size.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Dubrovnik.

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 Name Why It's Authoritative How We Used It
City of Dubrovnik - Real Estate Market Report 2024 It is an official City of Dubrovnik report built from the national eNekretnine system, which draws on actual transaction evidence rather than listing advertisements. We used it as the ground truth for Dubrovnik's achieved prices, sales volumes, and the price-per-square-meter time series. We also used its breakdowns by size bands and property categories to build realistic purchase examples and ranges.
Ministry of Physical Planning, Construction and State Assets - Average Apartment Prices 2025 It is a government methodology and publication used for official housing-policy programs, based on available achieved-price inputs. We used it as a second official reference point for price-per-square-meter levels around Croatia, including the Dubrovnik local unit listing. We used it mainly as a reasonableness check against the City's transaction averages.
Croatian Bureau of Statistics - New Dwellings Prices It is the national statistics agency publishing standardized housing-price statistics. We used it to anchor Croatia-wide context, especially for new-build pricing levels. We also used it to verify that Dubrovnik sits meaningfully above the national average, which is consistent with a tourism-driven coastal market.
European Central Bank - EUR/USD Exchange Rates It is the European Central Bank's official reference rate series, widely used for reporting and comparisons. We used it to convert all EUR figures into USD consistently. We used the latest available rate near our "as of" point (late December 2025), treating it as a practical proxy for January 2026 conversions.
Burza nekretnina - BN Index Market Statistics It is a long-running, recognized Croatian property index that explicitly tracks achieved prices via agency transaction inputs and compares them to asking prices. We used it to justify that listing prices do not equal closing prices, and to set a realistic negotiation discount range. We did not use it as the main Dubrovnik price level source, relying instead on the City's transaction report for that.
Croatian Tax Administration - Real Estate Transfer Tax Guidance It is the official tax authority explaining who pays what and when for property transfer taxation. We used it to estimate purchase all-in costs beyond the headline price, especially for resales. We also used it to explain why totals paid can be noticeably above the negotiated sale price.
European Commission - Harmonised Indices of Consumer Prices It is the official source for inflation data across the European Union, including Croatia. We referenced it to contextualize nominal price growth versus real (inflation-adjusted) growth. We used mid-single-digit inflation estimates to calculate real price increases over one-year and ten-year periods.

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