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Where are the most expensive square meters in the city? Rakovica has reached 1,800 euros, while Vračar and Savski Venac are unmatched.

Where are the most expensive square meters in the city? Rakovica has reached 1,800 euros, while Vračar and Savski Venac are unmatched.

Where are the most expensive square meters in the city? Rakovica has reached 1,800 euros, while Vračar and Savski Venac are unmatched.

The cost of real estate in Serbia continues to rise, with Novi Sad and Kragujevac following Belgrade. In March 2023, prices per square meter increased by an average of 2.25% compared to February, with the most significant growth observed in Belgrade (+3.30%), where the average price per square meter is €2,409. This is followed by Novi Sad (+1.98%) with a price of €2,340 and Kragujevac (+1.97%) with a price of €1,126. In Niš, there is a slight decrease in prices (-0.02%), with the average price per square meter here being €1,441. According to the website mojanekretnina.rs, overall, housing prices in the country have increased by more than 20% over the year.

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In Novi Sad, the price per square meter has risen by +40.70% over the past year, in Niš by +34.05%, in Kragujevac by +30.85%, and in Belgrade by +26.21%.

For example, in the center of Belgrade, the highest price per square meter is €3,445, followed by Vračar at €3,304, and then Novi Belgrade, where the current average price is €2,713 per m². In the old town, the price per square meter is €2,610, in Voždovac it is €2,327, and in Zvezdara it is €2,309. Property prices in Surčin in March were €1,204 per square meter, in Obrenovac €1,091. Mladenovac is one of the cheapest areas with a price of €961, followed by Grocka (€895) and Barajevo (€727).

Regarding rental prices, rents have increased by +1.53% compared to the previous month. The largest growth was observed in Kragujevac (+2.91%), where the rent for a two-bedroom apartment is 265 euros, in Belgrade (+2.11%) - 700 euros, and in Niš (+1.81%) - 337 euros. At the same time, rental costs in Novi Sad have decreased compared to the previous month (-0.18%) to 516 euros for a two-bedroom apartment.

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