Analysis: Prices of apartments in the capitals of former Yugoslavia Yugoslavia

** In previous years, real estate prices have been rising in all countries of the region. Despite the rise in property prices in Sarajevo, they are still significantly more affordable than in most other capitals of the former Yugoslavia. The average price per square meter in Sarajevo in2021 was about1250 euros, while the most expensive square meter cost around3065 euros. With these prices, Sarajevo earned the "title" of the most expensive city in Bosnia and Herzegovina (BiH). As real estate agents in Sarajevo say, buyers primarily choose new buildings, and the factors influencing the choice of an apartment are the location, number of floors in the building, and the presence of parking.

Belgrade:2500 euros per square meter

Much more money is needed to be saved in Serbia if you want to become a property owner in Belgrade. According to a report from the Serbian Geodetic Institute, the most expensive square meters are sold in the municipality of Savski Venac, where the average price per square meter is3328 euros.

Montenegro: 1219 euros per square meter

Montenegro is another of the countries that failed to resist the trend of rising real estate prices.

Zagreb: 1886 euros per square meter

The average price of apartments in new buildings in Zagreb in the first half of 2021 was 1,886 euros per square meter, while in other parts of the country the price was slightly lower at 1,648 euros, according to the Croatian Bureau of Statistics. In addition to location, appearance and quality of construction, apartment prices are influenced by many other factors, such as the state of the labor market, the level of interest rates on loans, the supply and demand ratio and the overall economy of the country.

Ljubljana: 3000 euros

Slovenia has had a real estate shortage problem for decades, and according to Slovenian real estate agents, there is a lack of more affordable apartments - with prices around 3,000 euros - that more citizens would be able to afford. According to the Statistical Office of the Republic of Slovenia (SURS), real estate prices in Slovenia "soared" by 4.5 percent in the second quarter of 2020 compared to the first quarter. According to the SURS, the price per square meter exceeded 2,900 euros for the first time in 2020. In contrast to Ljubljana, prices in other, smaller places are more favorable and are around the average price of 2,000 euros per square meter.