by croatiaweek
October 10, 2025
in
Krk
According to the Croatian Tax Administration, 2024 saw a slight overall decline in property transactions nationwide, just 1.9% compared to 2023, but some regions are thriving.
Primorje-Gorski Kotar County recorded the biggest increase with a 23.8% rise, followed by Požega-Slavonia County (+21.5%) and Varaždin County (+15.5%), Poslovni dnevnik reported
Zagreb remained steady with only a marginal 0.15% drop, while the surrounding Zagreb County grew by nearly 13%. Altogether, Croatia recorded 134,841 property sales in 2024, down slightly from 137,448 a year earlier.
Rijeka, Opatija and Crikvenica are the main centres in Primorje-Gorski Kotar County which also includes the islands of Krk, Cres, Lošinj and Rab.
Krk’s Property Scene Booming
The island of Krk continues to shine. Of the 1,076 flats sold in Primorje-Gorski Kotar County last year, 237 were on Krk – nearly one in four.
The municipality of Malinska-Dubašnica stood out, with 123 flats sold for a total of €25.9 million, at an average price of €3,423 per square metre.
Only Viškovo saw more transactions (128), but at a lower average of just over €2,000 per square metre.
Unsurprisingly, Opatija remains the most expensive location, with average prices reaching €3,768 per square metre, followed by Omišalj (€3,458) and Punat (€3,439) – both on Krk.
Foreign interest remains strong, though slightly down from the previous year. In 2024, 11,616 properties were sold to foreign nationals – 5.4% fewer than in 2023. Slovenians continue to lead the way with 3,529 purchases, followed by Germans (2,662) and Austrians (1,183).
Interestingly, residents of Primorje-Gorski Kotar rate their quality of life at 7.2 out of 10, higher than both the national average (6.8) and Germany’s (6.5).
While coastal and island areas thrive, Gorski Kotar continues to struggle with depopulation and limited job opportunities – a challenge policymakers will need to address.
Still, the north Adriatic is buzzing for longer each year, and with more buyers, more residents, and more life, the trend looks set to continue.