How to buy real estate for 10,000 euros: Belgrade.

Yeah, maybe.buyevenapartmentinBelgrade. Here are some suggestions on how to invest 10,000 euros in real estate, and on you only have to think and choose what suits you best.

10,000 as a down payment on the loan

As we have already reported, the National BankSerbiarecently gave banks the opportunity to reduce the mandatory share of the down payment on a mortgage loan from 20 percent to 10 percent. This means the following for those with a sum of 10,000 euros and permanent employment documented by a work contract.

Of the total amount of €10,000, €5,000, i.e. €2,000, must be left for related expenses - registration of the mortgage, certification of approval, registration of thereal estate, insurance, etc. So that leaves 8,000 euros that you could use as a down payment, which means that you can buy an apartment for 80,000 euros, and this is a huge choice of real estate in Belgrade.

Housevacation in Serbia

Coronavirus has drawn attention to cottages, as many who have the opportunity to work from ahousesThose who do not have one want to buy one, and those who do not have one want to buy one. This is also possible with a sum of 10,000 euros.

For example, you can buy a summer house on one of the lakes for that kind of money if you don't have too high requirements. You can read more about thishere.

Buying a miniapartments

You just want an apartment in Belgrade or Novi Sad, but there is no possibility to get a loan and you have only 10,000 euros. Don't worry. You have the opportunity to buy one of the miniapartmentsthat always sell out.

And if you know how to organize your living space in such aapartmentYou can accommodate everything you need for life. The best thing about it is that the cost of such an apartment, even in the center ofBelgrade, mostly not exceeding 10,000 euros.

For example, there's one for sale right nowapartmentin Archibald Rice Street in Kinograda only 8 square meters at a price of 9,200 euros. In Novy Sad, the choice of mini-apartments is larger. Prices range from around 5,000 to 10,000 euros.

For example, there is an apartment for sale on Grbavica with 15 square meters at a price of 9,000 euros, as well as severalreal estate12 square meters at a lower price.