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How to buy real estate for 10 thousand euros: There is an option in Belgrade for an even lower amount!

How to buy real estate for 10 thousand euros: There is an option in Belgrade for an even lower amount!

How to buy real estate for 10 thousand euros: There is an option in Belgrade for an even lower amount!

If you have 10,000 euros, you already have certain opportunities that you may not be aware of. With 10,000 euros in your pocket, you can already afford real estate, even if you don't realize it. This money is capital that allows you to think in several directions, and each of them depends solely on your needs and preferences. Yes, you can even buy an apartment in Belgrade. Here are a few suggestions on how to invest 10,000 euros in real estate, and all you have to do is think it over and choose what suits you best.

10,000 as a down payment for the loan

As we have already reported, the National Bank of Serbia has recently given banks the opportunity to reduce the level of the mandatory down payment for a mortgage loan from the mandatory 20 percent to 10 percent. For the owners of the sum of 10,000 euros and permanent employment under a labor contract, this means the following. Of the total amount of 10,000 euros, one fifth, i.e. 2,000 euros, should be left for associated costs - mortgage registration, contract certification, property registration, insurance and so on.

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This leaves 8,000 euros that you can use as a down payment, which means that you can buy an apartment for up to 80,000 euros, and this is a huge choice of real estate in Belgrade.

A summer house in Serbia

The coronavirus has drawn attention to summer houses, as many people who can work from home are rushing to the countryside, while those who can't are looking to buy. And this can be done with a budget of 10,000 euros. It all depends on your desires. For example, you can purchase a summer house by one of the lakes for that amount if you are not too picky.

Purchase a mini-apartment

Do you want just an apartment in Belgrade or Novi Sad, but can't get a loan and only have 10,000 euros? Don't worry. You have the option to buy one of the mini-apartments that are always available on the halooglasi classifieds website. And if you know how to organize your living space in such an apartment, you can fit everything you need for life there.

  • Studio in Archibald Rice Street in Filma Grada of only 8 square meters for only 9,200 euros
  • Apartment in Grbavica with an area of 15 square meters for the price of 9,800 euros.

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