economy
February 27, 2026
HE WHO INVESTED 10 YEARS AGO CAN EARN WELL NOW! Almost 200,000 euros "plus"
Bought an apartment 10 years ago for 85,000 euros, and sold a similar one now for 260,000! Supply and demand dictate high real estate prices
TL;DR
- Property prices in Belgrade are driven by supply and demand, with average prices around 2,700 euros per square meter, significantly less than Vienna's over 6,000 euros.
- In Serbia, property ownership is a cultural norm and a measure of success, with 90% of adult residents owning some form of real estate.
- A significant portion of illegal properties are expected to be legalized through the 'Svoj na svome' (Own Your Own) law.
- Real estate is considered the safest investment and collateral, with prices generally increasing globally, signaling economic stability.
- While most apartment buyers in Serbia are end-users, a small number invest, but high prices limit purely investment-driven purchases.
- Legalized properties from the 'Svoj na svome' law are unlikely to significantly impact central Belgrade prices but may increase them in suburban areas.
- Despite European recession fears due to the Ukraine war, Serbian real estate prices are expected to continue rising, indicating a stable economy.
- An example shows an apartment bought for 85,000 euros 10 years ago selling for 260,000 euros, with rental income further boosting returns.
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