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Dubrovnik: The Pearl of Croatia, History, Architecture, and Real Estate Investments

Dubrovnik: The Pearl of Croatia, History, Architecture, and Real Estate Investments

Dubrovnik: The Pearl of Croatia, History, Architecture, and Real Estate Investments
  • Dubrovnik: The Pearl of Croatia
  • Rest in Dubrovnik: seafood, history, and panoramic views
  • Real estate prices in Dubrovnik: factors and neighborhoods
**Dubrovnik: The Pearl of Croatia**

Dubrovnik is not just a city, but a living museum of Croatian history. Croatia. This ancient city, known as Ragusa until 1918, has combined rich history with elements of modernity for 14 centuries. of modernity for 14 centuries. Situated on the Adriatic coast, Dubrovnik impresses with its beauty and architecture. architecture.

Division of the City

Geographically, Dubrovnik is divided into two parts - the Old Town and the New Town. The Old Town, surrounded by a magnificent defensive wall, amazes with its picturesque streets and beautiful sea views. Despite its small area of just 21 square kilometers, it is home to ancient buildings and museums that make it truly unique.

Architecture and Uniqueness

The architecture of Dubrovnik stands out with its unique style and baroque buildings that emerged after the devastating earthquake of 1667. In the Dubrovnik Riviera, you can find around 80 Renaissance-style castles, which add a special charm to the region.

Rich History

The history of Dubrovnik is filled with events and twists. Founded in the 7th century, the city changed hands among various empires and republics before becoming part of Yugoslavia and later independent Croatia. The central street, Stradun, was already adorned with fountains, bell towers, and beautiful baroque houses in the 12th century.

Strolls through the Streets

Strolling through the narrow streets of Dubrovnik, it's impossible not to fall in love with this city. Its history is felt in every stone, in every corner, conveying its grandeur to future generations. Dubrovnik is a gem of Croatia that is worth visiting to immerse yourself in the amazing blend of history and modernity.

Dubrovnik: The Pearl of Croatia, History, Architecture, and Real Estate Investments

Dubrovnik: the pearl of Southern Dalmatia

Dubrovnik is famous for its rich selection of fresh seafood from the Adriatic and Neretva, as well as for the wine production on the Pelješac peninsula. It is known that back in the 15th century the town was the first to abolish the slave trade, a fact that has remained until now. slave trade, a fact that is still proudly handed down from generation to generation.

The historical fortress of the city

To fully enjoy Dubrovnik, it's essential to take a walk along the city walls, which began construction in the 9th century and were reinforced with 15 forts in the mid-14th century. The walls reach a height of up to 25 meters and vary in thickness from 6 meters on land to 1.5-3 meters by the sea.

  • Ticket price100 kuna for adults and 30 kuna for children

Panoramic views and entertainment

The cable car leading to Mount Srđ allows you to enjoy panoramic views of the old town, the island of Lokrum, the Adriatic Sea, and the Elaphiti Islands in just 4 minutes for 100 kuna. You can also engage in active recreation in the city: jeep safaris, horseback riding, canoeing or kayaking, as well as sailing along the Elaphiti Islands.

Nearby attractions

A visit to the National Park on the island of Mljet (77 km from Dubrovnik) or the famous Plitvice Lakes (about 450 km from the city) is definitely worth it. Recently, after six years of decline, the real estate market in Croatia has started to recover.

Investing in real estate in Croatia

The main investors are Germans (55%), Austrians (16%), British (6%), Hungarians (4%) and Dutch (3%), and Russians do not have a significant impact on the real estate market in Croatia, only6% of all transactions are in Dubrovnik.

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in Dubrovnik.

In the center of Dubrovnik, housing prices depend on various factors, such as proximity to the sea and the historical center. One of the most attractive areas for investment is within the walls of the old town. Real estate here can be expensive; for example, a historic mini-hotel building can cost between €1.3 million and €1.5 million. Outside the city walls, popular areas include Ploče, which has a Hilton hotel. Foreigners prefer to buy property in Lapad Bay, where prices per square meter start at €3,500 and can reach €6,000. For instance, in the Ploče area, you can buy an 80 sq. m apartment for €250,000. One of the more affordable areas is Gruž, the port, and Mokosica. However, even there, prices do not drop below €2,000-€2,500 per sq. m. The average price for apartments in Dubrovnik starts from €170,000-€200,000, while villas start from €1.5-€2 million. One of the prestigious areas is Lozica or Stikovica, where villa prices start from €2-€3 million. More affordable options for clients are Mlini and Srebreno, where you can find sea-view apartments starting at €230,000. Cavtat is also popular, although real estate there is more expensive. You can buy a studio just 200 meters from the sea for €120,000. The construction of new buildings in Dubrovnik is limited, but investment projects are planned for the construction of elite apartments. Purchasing a private residence in a hotel is one of the best options for acquiring real estate, allowing you to enjoy the comfort and service level of places like Radisson Blu Resort & Spa Dubrovnik Sun Gardens, which offers apartments starting at €260,000.

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