In This Serbian City, a Studio Apartment Downtown Costs as Much as a House on the Outskirts: 'You Get a Piece of Land and Your Own Peace'
Due to high real estate prices in Novi Sad, where a studio apartment costs as much as a house, citizens are moving to villages up to 40 kilometers away. Infrastructure and fast roads are key to demand. Buyers prefer move-in ready single-story houses, while old multi-story buildings are unattractive and difficult to sell.