Falkensteiner Residences Aurora Zadar, Croatia Europe
apartment

Maritime Living

The fifth and latest Falkensteiner Premium Living Residences at the croatian coast near Zadar are in the final planning stage. Construction will start in Autumn 2024. Falkensteiner Premium Living is your gateway to hassle-free second home ownership.

Our luxuriosly appointed residences are situated within a larger Falkensteiner Resort with one or more premium hotels. The services and amenities allow you to enjoy carefree vacations with your loved ones without the worries and work connected with second home ownership.

The Falkensteiner Premium Living real estate concept embodies innovative architecture, style, design, and the premium 5-star Falkensteiner service. Lifestyle at its finest in Europe’s sought-after vacation destinations!

Highlights of the Residences Aurora

• 4 buildings with a total of 88 apartments
• Under construction since September 2024
• Opening is planned at the end of 2025
• Architecture: Podrecca Architects
• Landscape architecture: Lindle+Bukor
• Interior design: Aggi Bruch
• 4 apartment sizes to choose from
• Each apartment has spacious outdoor areas: Terrace, garden or balcony
• Attractive rental model (optional)
• Access to the resort‘s amenities and exclusive Premium Living Services

The sales prices depend on the location and size of the apartments and range between 400,000 and 3,300,000 Euros

You can find more detailed Information on our Webpage as Download!

The Real Estate Market in Dalmatia

The real estate market in Zadar and the surrounding Dalmatia region has experienced significant growth in recent years, driven by increasing demand from both local and international buyers. Croatia’s stunning coastline, stable economy, and attractive pricing compared to other Mediterranean destinations make it a desirable location for property investments, especially for second homes and vacation rentals.

Current Trends in the Zadar Real Estate Market

1. Rising Property Prices
   Real estate prices in Zadar have been steadily increasing, fueled by strong demand from foreign investors, primarily from countries like Germany, Austria, and Scandinavian nations. Between 2020 and 2023, property prices in Zadar rose by an average of 10-15% annually. This trend is particularly noticeable for properties with sea views or located in the city center.
2. High Demand for Vacation Homes
   Coastal properties, especially those near the beach or with panoramic sea views, are highly sought after. Zadar’s mix of rich history, stunning landscapes, and proximity to several islands makes it a prime location for holiday homes. Many buyers are purchasing properties for personal use while renting them out to tourists during the high season, taking advantage of the booming tourism industry in Dalmatia.
3. Preference for New Developments
   There is a growing demand for modern, turn-key properties that offer contemporary designs, energy efficiency, and high-quality finishes. Luxury apartments, villas with pools, and homes with private gardens are especially popular
4. Increased Interest in Sustainability
   As sustainability becomes a key factor for many buyers, properties that feature energy-efficient systems, solar panels, and eco-friendly building materials are gaining popularity. Buyers from countries with strong environmental policies are particularly keen on investing in homes that align with green building standards, helping to reduce long-term maintenance costs while preserving the environment.

Future Prospects

The outlook for Zadar’s real estate market remains optimistic. Croatia’s EU membership, coupled with the ongoing expansion of tourism infrastructure, has made the region increasingly accessible to international travelers and investors. The continuous growth in tourism is expected to sustain the demand for vacation rentals, thus supporting long-term price appreciation. Additionally, international flights to Zadar from major European cities further enhance the region’s attractiveness for second-home buyers.

Conclusion

Zadar and the Dalmatia region offer a dynamic and rapidly growing real estate market with opportunities for both residential and commercial investment. Whether purchasing a vacation home, investing in rental properties, or developing land, the region’s mix of stunning coastal landscapes, cultural richness, and rising property values make it a compelling destination for investors. With the continued growth of tourism and infrastructural development, the Zadar real estate market is poised for further expansion in the coming years.