Jul 5 2011
Dubrovnik Remains The Most Expensive Place, Property Prices In Croatia Are Falling
If you’re interested in buying a studio or a home, you ought to know that, although a touch, property prices in Croatia are dropping. As Centarnekretnina.net writes, in Zagreb, property prices compared to last month dropped by 0.6 %, and on the once a year level, prices flattened by 5 percent.
Flats are the costliest on Medvescak, where a square meter costs 2406 Euro Bucks and the cheapest are in Sesvete, where the median price is 1259 EU Bucks per square meter.House costs in Zagreb reduced by 8.7 p.c compared with the previous year.
But property prices on Adriatic virtually didn’t change in May, compared with Apr. Prices even increased by 0.2 p.c, and compared to the previous year are less expensive by 4.6 p.c. The median price of vacation houses and residences on the sea is 1976 Euro dollars per square mete, 0.4 p.c more than in the previous month.
In Dubrovnik-Neretva County, vacation houses and residences are the most costly. The medium price is 2186 euros per square meter. Lika-Senj county is the cheapest, where the average needed price is 1656 Eurodollars per square meter.
The average needed price of flat by the sea is slightly lower compared to the previous month and is 1769 EU Bucks per square mete, which is 12.9 % lower than last year. Residences on the sea are still the most expensive in Dubrovnik-Neretva County, where the average price is 2700e uros per square meter. Studios are the cheapest in the Sibenik-Knin County, where the required price is 1393 Euro dollars per square meter, as writes tagza.com.
Dubrovnik is a Croatian town on the Adriatic Sea coast positioned at the terminal end of the Isthmus of Dubrovnik. It is one of the most distinguished holiday maker destinations on the Adriatic, a seaport and the center of Dubrovnik-Neretva county. Its population was 43,770 in 2001, down from 49,728 in 1991. In 1979, the town of Dubrovnik joined the UNESCO list of World Heritage Sites.
The prosperity of the town of Dubrovnik has traditionally been primarily based on maritime trade. In the Middle Ages, as the Republic of Ragusa, AKA a Maritime Republic (together with Amalfi, Pisa, Genoa, Venice and other Italian cities), it became the only eastern Adriatic city-state to rival Venice. Supported by its wealth and skilled diplomacy, the town achieved a noteworthy level of development, especially in the fifteenth and 16th centuries. Though demilitarised in the 1970s with the desire of forever defending it from war devastation, in 1991, after the breakup of Yugoslavia, it was encircled by Serb-Montenegrin forces for seven months and heavily damaged by shelling.
Historical lore indicates that Ragusa (Dubrovnik) was set up in the seventh century on a rocky island named Laus, which provided shelter for Dalmatian refugees from the close by town of Epidaurus. The romance-dalmatian founders were escaping from the Slavic invasions.
Another idea appeared lately, based on new archaeological excavations. New findings (a Byzantine basilica from 8th century and parts of the town walls) gainsay the conventional concept. The dimensions of the old basilica clearly indicates that there had been quite a big settlement at the time. There’s also increasing support in the systematic community for the idea that major construction of Ragusa occurred before the present time. This “Greek theory” has been energized by contemporary findings of many Greek artifacts during excavations in the Port of Dubrovnik. Also, drilling below the main town road has disclosed natural sand, contradicting the theory of Laus ( Lausa ) island.
Dr. Antun Nieti, in his book “Povijest dubrovake luke” (History of the Port of Dubrovnik), expounds the concept that Dubrovnik was established by Greek sailors. A key element in this theory is the indisputable fact that ships in ancient times travelled about 45-50 nautical miles a day, and needed a sandy shore to pull out of water for the rest period in the night. The best rest site would have a clean water source in its vicinity. Dubrovnik has both, and is situated just about halfway between the two known Greek settlements of Budva and Korula (95 NM is the distance between them).
After the decline of the Ostrogothic Kingdom, the town came under the protection of the Byzantine Empire, while it was fundamentally an independent city-state that actively interacted with the encompassing Serbian littoral and the Italian spur. Ragusa in those medioeval centuries had a population of Latinized Illyrians, who spoke their own Dalmatian language and was an island.
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