Real estate investment in Serbia

Foreigners can buy and sell properties in Serbia. The lease is possible on the principle of reciprocity. If Serbian citizens are allowed to purchase properties in another country, then citizens of that country can also buy properties in Serbia. The most expensive property in Serbia is in the capital, Belgrade.

€1,568

Average price per 1 m²

Cost of a 3-bedroom apartment in Serbia

€1.5 million

Apartment with a terrace in Belgrade, in the prestigious area of Savski Venac


€500,000

Apartment in Belgrade, in the central district of Stari Grad

€200,000

Apartment within a 20-minute drive from the centre of Belgrade

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Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

Elena Kozyreva
Elena Kozyreva

Managing Director for Real Estate projects

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Serbia residence permit or citizenship by real estate investment

Owners of any real estate, residential or commercial, can obtain a Serbia residence permit. The property value does not matter. A residence permit is valid for a year with the possibility of an extension. To renew the permit, you must live in Serbia for at least 183 days a year. After five years of living with a residence permit, you can apply for citizenship.

Discover real estate market trends in 41 European countries

Practical Guide

Discover real estate market trends in 41 European countries

Taxes and associated costs

40+ guides on European countries

Learn the prices for purchasing and renting a property in each country, the market dynamics and taxes on buying and selling real estate.

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Real estate investment in Andorra

To buy property in Andorra, a foreigner needs to obtain government permission.

€3,584

Average price per 1 m²

€400,000

Real estate investment for residency

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Real estate investment in Turkey

Foreigners in Turkey can buy and sell housing and commercial real estate and rent it out with few restrictions. For example, Russian...

€699

Average price per 1 m²

€400,000

Real estate investment for citizenship

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Real estate investment in Spain

The sale of real estate to foreign investors is not limited in Spain: one can buy and sell housing and commercial real estate or rent it...

€2,533

Average price per 1 m² of housing in Spain

€500,000

Minimum investment amount to get permanent residence

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Real estate investment in Portugal

The liquidity of real estate investments is confirmed by statistics: every quarter, the price per square metre of housing increases by...

€2,465

Average price per 1 m²

€280,000

Real estate investment for residency

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Real estate investment in North Macedonia

Foreigners can buy and sell properties with the approval of the Ministry of Justice.

€985

Average price per 1 m²

1,4%

Average price growth per quarter

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Real estate investment in Monaco

Foreigners can freely buy, lease and sell real estate in Monaco, except for properties near the residence of the Prince of Monaco.

€51,912

Average price per 1 m²

1,6%

Average price growth per quarter

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A guide about investing in real estate was prepared by our expert

Frequently asked questions

  • Can foreigners buy property in Serbia?

    Foreigners in Serbia can freely buy, sell, and rent out real estate on the principle of reciprocity. If citizens of Serbia are allowed to buy real estate in another country, then citizens of that country can also buy real estate in Serbia.

  • How much does a house in Serbia cost?

    The average cost of 1 m² of housing in Serbia is €1,568. The most expensive real estate properties are located in the capital city, Belgrade.

    A three-bedroom apartment on the outskirts of Belgrade will cost at least €150,000, an apartment with the same number of rooms in the centre of Belgrade — at least €500,000, and an apartment with a terrace in a prestigious area, such as Savski Venac — 1,5 million euros or more.

  • Are there property taxes in Serbia?

    Buyers of real estate in Serbia pay a 10% value-added tax for new buildings or a 2,5% transfer tax for secondary real estate.

    Property owners in Serbia pay an annual property tax in the amount of 0,2—1% of the cadastral value. The rate depends on the region, the area within the region, the year of construction, the location and the cadastral value. Non-resident landlords in Serbia pay a 20% income tax on rental earnings.

  • Can US citizens buy property in Serbia?

    Yes. The reciprocity principle allows US nationals to freely buy real estate in Serbia.