apartment prices increase

Serbia’s real estate market sees price increases and strong demand for smaller apartments

Apartment prices in Serbia increased by 5.5% last year, according to the Republic Geodetic Institute (RGZ), but this did not disrupt the real estate market. On the contrary, the market has stabilized, and forecasts for the upcoming period remain optimistic. Demand is particularly strong for smaller apartments (up to 50 square meters), which are often the first choice for buyers in cities like Belgrade, Novi Sad, Niš, and Kragujevac. This segment is experiencing a growing deficit, pushing up prices, especially…