Montenegro: Economic Crisis by the Seaside

For example, a three-story house with an area of 450 square meters can be purchased here at an affordable price. This makes Bosnia and Herzegovina an attractive option for buying property in the Balkans, especially considering the lack of restrictions for foreign citizens and the need for source of funds checks.

Serbia: a landlocked country

Southeastern Europe is a wonderful place that has found its comfort zone after the breakup of Yugoslavia. Serbia is one of those countries, landlocked but increasingly attractive to Russian investors and tourists. The country draws a steady stream of tourists from Russia, thanks to the historical ties between the two regions. Real estate in Serbia is considered very affordable—apartments can be purchased for 1,500 euros per square meter. Houses and cottages are sold at reasonable prices; for example, a house in the center of the country can be found for 50,000 euros.

Slovenia: a European standard of living and unique nature

But if we talk about another country of the former Yugoslavia - Slovenia, here European-level living combines with unique nature. This small country with a population of 2 million offers a high standard of living and low crime rates. Real estate in Slovenia is valued on par with offerings in Western Europe, and villas in the capital cost over 750,000 euros. Ski resorts and the clean beaches of the Adriatic make Slovenia an attractive place for real estate investment. Villas and apartments here are priced comparably to those in Europe, but with a milder climate and unique nature. Investments in real estate in Slovenia can be successful in the long term, thanks to a stable market and high demand for housing.

Conclusion

In general, Serbia and Slovenia deserve the attention of those who want to discover new borders, enjoy beautiful nature and a high standard of living, and are looking for real estate in attractive locations.

The real estate market in Slovenia and Macedonia

In the center of Slovenia, apartment prices vary significantly depending on their size. For example, an apartment of about 40 square meters costs around 115,000 euros, while a 104 square meter apartment is priced at 416,000 euros. For Russians, purchasing property in Slovenia comes with certain challenges, as it requires the registration of a company and the property to be registered under a legal entity, which increases costs and creates legal formalities. This can create a feeling that the purchased property will not become a personal space.

The process of acquiring property in Slovenia

However, after completing all the legal formalities with the legal entity, it is possible to obtain a residence permit in the country, which is an important point for potential investors.

It is important to consider the changes in legislation enacted in 2015, which may affect the process of purchasing real estate and the rights of foreign investors.

The real estate market in Macedonia

Macedonia, despite its small size, also attracts the attention of real estate investors. However, foreign buyers, including Russians, may face certain difficulties, especially when purchasing housing aimed at local residents.

The average price per square meter in the secondary market of Macedonia is around 500 euros, while new buildings are slightly more expensive, offering modern housing that meets the latest standards.

• Average price per square meter:about 500 euros on the secondary market.

• Popular construction areas:The capital is Skopje and the areas along the shores of Lake Ohrid, which is known as a resort area.

As a result of analyzing the real estate market situation in various countries, it can be noted that each of them has its unique features and attractive aspects for investors. Despite differences in economic development and legislation, some regions remain more appealing for foreign investments.

Montenegro, despite economic difficulties and the consequences of the crisis, continues to attract both tourists and investors thanks to its natural beauty and the variety of offerings in the real estate market. Luxurious villas, high-rise hotels, and residential complexes have become part of this stunning landscape, drawing the attention of foreign buyers.

However, despite the ongoing evolution of the market and developers' attempts to diversify their offerings for potential clients, crisis periods have significantly impacted demand and prices for properties. Many projects remain frozen, and investors are exercising caution, preferring to postpone their decisions until more favorable times.

Thus, although the real estate market in various countries of the Balkan region continues to develop and attract the attention of foreign investors, the current economic situation and legislative restrictions have a significant impact on the dynamics of the industry, requiring participants to be flexible and adapt to changing conditions.