Prices for apartments in Belgrade (Serbia) in 2023

Belgrade – remains an inexpensive European capital for real estate investment. In this article, we will analyze the average prices for resale apartments in Belgrade in the 4th quarter of 2022. These prices on the secondary real estate market remain relevant in the first quarter of 2023.

On the chart from the local real estate portal, you can study the dynamics of changes in prices for secondary real estate. As a rule, real transactions are carried out with discounts.

Despite the rapid increase in prices in 2021, the average price of 1 square meter as of Q4 2022 is €2,400. Approximately the same real estate prices were in 2017.

The cheapest neighborhoods in Belgrade

Neighborhoods Average price of 1 square meter in the 4th quarter of 2022
Barajevo805 €/m2
Lazarevac942 €/m2
Mladenovac963 €/m2

The expensive neighborhoods in Belgrade

Neighborhoods Average price of 1 square meter in the 4th quarter of 2022
Savski Venac3.438 €/m2
Stari Grad3.243 €/m2
Vračar3.004 €/m2

For those buyers who prefer prestigious areas with developed infrastructure and proximity to the center.

The real estate market in Belgrade remains liquid, unlike many other cities in Serbia. The average period for selling an apartment in Belgrade is 66 days. Therefore, if you find a profitable property, then the decision to purchase should not be postponed.

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