The real estate market in Dubrovnik is extremely dynamic, and actual prices depend on current supply, demand, infrastructural characteristics, legal status, and the final purpose of the land.
For an accurate determination of value – especially considering the spatial plan, ownership, and construction possibilities – it is recommended to prepare an official appraisal.
This figure serves as a realistic market orientation for the Lapad coast in 2025, with a tendency for prices to increase by the end of the year.
To make the valuation complete, in addition to the land I am also including the value of the residential building (building 311), which according to the documentation has a net area slightly larger than 328 m² and is located in the sought-after part of Dubrovnik on the Lapad coast.

For a commercial valuation of land on the Lapad coast in Dubrovnik in 2025, it is important to take into account several factors:

Area and characteristics of the land
According to the submitted documentation, the total area of the land is 4,240 m², of which parcels 968 and 969 amount to 3,494 m². A part of these parcels is building land (according to the GUP, it is possible to construct a building with a gross area of approx. 1,000 m²), while a part is classified as a “green zone”.

Location
The Lapad coast belongs to one of the most sought-after locations in Dubrovnik, which significantly increases the value of the land.

Current land prices
According to the latest data from listings and real estate price estimates in Dubrovnik:

• The average price of building land in Dubrovnik in 2025 reaches 800–1,500 €/m² for prime locations, while the most exclusive positions in Lapad are even higher.

• “Green zones”, or land without a building permit, have a significantly lower market value, ranging from 100 to 300 €/m², depending on the possibility of conversion and access to infrastructure.

Other sources and official data
The Ministry’s Geoportal (eNekretnine) was used for detailed blocks of approximate values; according to the published spatial layers for Dubrovnik-Neretva County, values in Lapad vary, but for building plots can reach up to 1,200 €/m², and even higher for attractive plots.

Estimated value

• Building land (approx. 1,000 m²): 1,000 m² × 1,200 €/m² = 1,200,000 €

• Remaining land (“green zone” and access areas, approx. 3,240 m²): 3,240 m² × average 200 €/m² = 648,000 €

• Total approximate value: 1,848,000 €

This valuation is approximate and indicative, and the final value may be significantly higher due to the extremely attractive location and rarity of building plots in Lapad. For a legally valid valuation, it is necessary to engage a certified court expert who will prepare an appraisal report in accordance with the Law on Real Estate Valuation.

Important notes
The real estate market in Dubrovnik is extremely dynamic, and actual prices depend on current supply, demand, infrastructural characteristics, legal status, and the final use of the land.
For an exact determination of value – especially with regard to spatial planning, ownership, and construction possibilities – it is recommended to prepare an official appraisal.
This figure serves as a realistic market orientation for the Lapad coast in 2025, with a tendency for prices to increase by the end of the year.
To make the valuation complete, in addition to the land I am also including the value of the residential building (building 311), which, according to the documentation, has a net area slightly larger than 328 m² and is located in the sought-after part of Dubrovnik on the Lapad coast.