Residential and commercial sales and rentals in Belgrade and Novi Sad: future growth?

Analysis: Where ide tržište unnamed real estate countries during the pandemic

After three years of rapid price increases during the pandemic, the real estate market is facing prolonged stagnation.

Monthly sales are slowly declining, there is a slowdown in construction activity in certain cities or city neighborhoods, and investors are again offering certain types of discounts and other buyer incentives to attract buyers.

With the People's Bank of Serbia announcing the upcoming complication of loan conditions, many are predicting stagnation in the real estate market in Serbia. But will this really happen, or will the trend of buying and renting apartments and commercial space in Belgrade and other regions continue? "

What should be obvious to everyone is that the current real estate trends are closely related.

Particularly in Belgrade and Novi Sad. It is because of the increased demand for apartments and commercial spaces that prices started rising back in 2020 and are expected to remain high this year and beyond.

The real estate market came to a temporary halt shortly after the pandemic began, but quickly revived. Nowadays, comparing prices and demand, we ask ourselves how it is even possible that apartments in Belgrade are still in demand and cost millions of euros.

Has the political conflict between Ukraine and Russia and the emergence of emigrants influenced this? It certainly has.

If we go back to last year, more precisely to the beginning of 2022, we see that residential and commercial real estate prices have been rising month after month, especially in attractive locations.

Today we have a situation where in the front city the price per square meter exceeds 1800 euros. Yes, we're talking about the front city.

Although many believe that this trend prevails only in the capital city, rest assured that this is also true for other cities in the interior of Serbia.

What has influenced the rise in prices in the interior of the country? Migration of the population from big cities to the countryside or to smaller towns.

The coronavirus pandemic led to this, as many people realized that living in the countryside would become a privilege.

The question is how long will this trend last and will it end at all?

No one can give a precise and reliable answer to this question. The only specific thing associated with rising or stagnant real estate prices is the current value of the property itself.

In this regard, it is important to have a good guide who will provide you with the best deals that are right for you in seconds.

The portal estitor.com comes to the rescue.

The estitor.com portal offers you not only real estate in Belgrade or Novi Sad, but also an overview of current offers throughout Serbia.

Real Estate Belgrade

• Flat for sale in Belgrade
• Rent of apartments in Belgrade

Flat for sale in Novi Sad

• Renting apartments in Novy Sad

• Rent an apartment in Nishu

The coronavirus pandemic has accelerated digitalization in all sectors, and the real estate market is no exception.

Because of the pandemic and the competitive apartment field, it happened that some buyers were on the verge of buying or renting an apartment without first inspecting it. With the estitor.com portal, this won't happen because it directly connects you with real estate sellers with whom you then continue conversations and reach a deal.

If you are looking for a property to buy or rent to suit your budget, feel free to check out the great and affordable deals here.

• Sales of apartments for sale in Nishu
• Sale of apartments in Kragujevac

• Renting apartments in Kragujevac

• Flat for sale in Zemun

More likely you will find what you are looking for in just a few clicks.

We wish you good luck finding the property that is right for you.

Follow us on our Facebook and Instagram page and on Twitter. Subscribe to the PDF version of Danas.