Real Estate Market

In the world of real estate, millennials, born between 1981 and 1996, represent a significant group of buyers, particularly its older members. This generation, which grew up during the digital revolution, is now at a stage where they are seriously considering acquiring their own property. In today's blog, we analyze how they are coping with the challenges of buying their own properties and what their specific criteria are.

Those who have decided to turn their money into a reliable investment are surely considering buying property to either rent out or sell when its market value increases. This is certainly a good plan, as the real estate market is traditionally resistant to global crises. In other words, no matter what happens on the geopolitical or economic front, a return on investment is assured. For foreigners, buying real estate in Serbia can secure a residence permit if you want to stay in Serbia.

While in Belgrade you might struggle to find a suitable apartment within a limited budget, in Novi Sad there are still properties in central city locations available for under €100,000. In Niš, however, the same amount could buy you a house with a yard.

Novi Sad has become a leader in the Serbian real estate market by selling the most construction land parcels in the past three years, according to the Republic Geodetic Authority. With 2,874 parcels sold, it has even surpassed the capital Belgrade.

With the growth of entrepreneurship and a significant influx of foreign residents who have moved their business activities to Belgrade in recent years, rental prices for commercial premises are rising, following the trend of residential real estate. Find out how much it costs to rent a premise monthly in the most sought-after parts of the city. We reveal which locations in the Serbian capital are most suitable for certain activities and how to be sure you are legally protected when renting a premise.

Belgrade will receive another settlement within its territory, and this time the city is planned to expand within the municipality of Palilula.

In the area between the districts of Batajnica and Dobanovci on one side, and Zemun Polje and Altina on the other, the construction of a new settlement with a symbolic name - Singidunum - has been announced, alluding to Belgrade on a smaller scale.