Jasminka Biliškov
Episode · #283
POSLOVNA ŽENA Jasminka Biliškov
Guest Jasminka BiliškovMay 3, 2026
Jasminka Biliškov
About this episode
What you'll hear in this conversation
Even in a real estate market where a global pandemic has slowed transactions and an earthquake has redefined buyer priorities, some truths about property value hold firm. Jasminka Biliškov, founder and owner of Biliškov nekretnine, has navigated these shifts, maintaining that the market is stable, if slower. Her firm has seen first-hand how government subsidies shape buyer behavior, how natural disasters permanently alter demand, and how specific local factors keep prices high in places like Split and Dubrovnik. This conversation offers a clear-eyed look at what truly drives real estate decisions in a volatile market, and what opportunities remain for those who understand its underlying dynamics.
Insights from the conversation
What to take from this episode
01
The real estate market, even amid a global pandemic, proved more resilient than many agents initially predicted, with Jasminka Biliškov noting they "expected it to be much tougher than it is now." The market slows, but rarely collapses as feared, demonstrating a fundamental stability in demand and supply.
02
While government subsidies aim to help young buyers, Jasminka Biliškov notes they "may have partly contributed to increasing real estate prices." This suggests that even well-intentioned market interventions can have unintended effects, requiring a careful balance between stimulating demand and managing affordability.
03
After the Zagreb earthquake, buyer priorities fundamentally changed: people now "primarily ask about the building's structural integrity and year of construction." A single catastrophic event can permanently redefine what constitutes a core concern, eclipsing previous considerations like location or aesthetics.
04
In cities like Split, where "little new construction is built," the scarcity of new supply drives existing property prices to premium levels. When demand outstrips new inventory, even older properties can command significant value, creating a distinct market dynamic.
05
Small islands, despite constant buyer interest, are largely undeveloped because "all construction is forbidden on them." This regulatory hurdle, rather than a lack of demand, limits the market potential of unique assets and points to a missed opportunity for controlled, high-value development.
06
Jasminka Biliškov argues that by granting long-term concessions for state-owned islands, the government could generate "a truly large and good income for the state budget." This policy shift would not only fill public coffers but also attract a higher-tier clientele, potentially positioning the Adriatic as a destination for the global elite.
07
For clients looking to invest money outside of low-interest bank accounts, Jasminka Biliškov consistently advises "to invest in real estate, specifically properties that will bring them income." The most reliable investment strategy, she suggests, remains anchored in assets that generate cash flow, particularly in a strong tourism market.