Shortened title: Reduced sales of apartments in Serbia, but there is demand in these cities: many people buy for a short term.

A 21 square meter studio in Adice, on the periphery, costs 35,000 euros, a 28 square meter studio in Grbavica costs 88,000 euros, and a 28 square meter studio in the city center costs 103,000 euros, i.e. almost 4,000 euros per square meter. In the case of one- and one and a half-room apartments of about 40 square meters, the prices per square meter are about 1,600 euros in Adice, 2,000 euros in Novi Naceљu, 2,500 euros in Hrbavica, 2,700 euros in Podbar, 3,000 euros in the city center.... Larger apartments are slightly cheaper, and they are most often bought for family living. A significant volume of buyers come from small towns in Vojvodina, parents who send their children to study in Novi Sad, and who find it more profitable to buy an apartment, including on credit terms, than''to pay rent. Among the most frequent buyers are IT professionals.

In Šabac, depending on the location, prices for apartments in new buildings range from 1,650 to 1,800 euros per square meter.

In older buildings, the price per square meter of an apartment ranges from 1,100 to 1,250 euros. Szabac says sales have fallen by 50 percent recently, but this is not true of prices. Rising wages due to mining activity in Bor, the arrival of Chinese investors and workers from our own and other countries have increased the demand for both rentals and sales of apartments and houses. - Boroo is a special market, not only because average salaries are higher than the national average, but also because of the relocation of people who come to work''into the mine. In Belgrade, the real estate market is inactive, the same in Niš, but we cannot talk about stagnation. We are also special because of the settlement itself, as we have the mine almost in the center of the city, so square meters are of course more expensive in our periphery. You also can't talk about new construction in Bor, as the last buildings were built in the nineties and the new town center was built in the two-thousand years. To be attractive to investors, the cost per square meter should start from 1,400 euros - says Boban Vukadinovic, owner of the agency "Megadom Properties". Photo: Robert Getelic / Blitz

The price of apartments in Subotica has now stabilized. The price per square meter depends on the location of the property, so''a square meter in the so-called Old Village costs about 500-600 euros. In the old center, prices for square meters are lower than in the new part of Bor, where the mine and metallurgical plant are located, so apartments in the New Village are in demand, a square meter of which costs about 1,000 euros. Most of the buyers are locals. - The Chinese mostly rent and don't buy well. I have sold a few apartments and houses in the last year and a half, and mostly those who hold senior positions in the company and owners of subcontracting companies are buying. We expect an increase in sales when property owners in the villages of Bora get money, which they will move to other places because of the mining activity - says Vukadinovic. After price increases last year, prices for''exceed 1,000 euros per square meter. - In the periphery, for example, in the village "Rasadnik" or "United Nations", it is possible to find cheap apartments, but the demand is high everywhere - says Zoran Knežević from the Agency "AS Nekretnina".