€190,000
Apartment in the centre of Skopje
Property Investment in North Macedonia as a Foreigner
Foreigners can buy and sell properties with the approval of the Ministry of Justice.
Statistics confirm the liquidity of investments: residential real estate prices grow every quarter by an average of 1.4%. Five years ago, an apartment of 100 m² cost an average of €76,000, and today it is sold for €98,000.
€985
Average price per 1 m²
1,4%
Average price growth per quarter
2,3—19,6%
Associated costs, of the property value
How the residential property price index is growing in North Macedonia
Cost of a 3-bedroom apartment in North Macedonia
€100,000
Apartment in Skopje
€70,000
Apartment in Ohrid
Schedule a meeting
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
Prefer messengers?
North Macedonia residence permit or citizenship by real estate investment
One cannot get a North Macedonia residence permit by purchasing real estate. However, you can obtain a residence permit for opening a company, while authorised capital can be used to purchase real estate.
Discover real estate market trends in 41 European countries
-
Master the residency process
-
Get expert tips and documents
-
Estimate costs accurately
Trusted by 5000+ investorsTaxes and associated costs
Purchase taxes
Property buyers pay a value-added tax for new builds or a sales tax for resale properties and additional fees. The associated costs range between 2.3% and 19.6% of the purchase agreement value.
When buying a new apartment worth €100,000, the investor will spend €119,000, including additional costs.
Ownership taxes
Approximate annual costs
for maintenance of an apartment
Owners pay an annual property tax of 0.1% to 0.2% of the market property value.
An income tax of 10% is paid on rental yields.
Sale taxes
If the real estate seller has owned a property for less than three years, they pay a capital gains tax of 10% on the difference between the sale and purchase prices.
The agency fee usually is 2% of the transaction amount.
Countries to buy a property and get residency or citizenship
We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.
Country and status
Investments
Status
Time required
€375,000+
Permanent residency
6+ months
Show 29 properties
€375,000+Permanent residency6+ months
AED 750,000+
Residence permit
2+ months
Show 158 properties
AED 750,000+Residence permit2+ months
Not limited
Residence permit
4+ months
Show 38 properties
Not limitedResidence permit4+ months
Not limited
Residency after D Visas
6+ months
Show 68 properties
Not limitedResidency after D Visas6+ months
40+ guides with European countries
Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.
Property Investment in Serbia as a ForeignerForeigners can buy and sell properties in Serbia. The lease is possible on the principle of reciprocity. If Serbian citizens are allowed...
€2,900
Average price per 1 m²
2.5%
Average price growth per quarter
Property Investment in Portugal as a ForeignerPortuguese law does not restrict foreigners from acquiring real estate; they have the same rights as citizens of the country. Portugal...
€3,400
Average price per 1 m²
1.9%
Average price growth per quarter
Property Investment in Monaco as a ForeignerForeigners can freely buy, lease, and sell real estate in Monaco, except for properties near the residence of the Prince of...
€75,200
Average price per 1 m²
1.6%
Average price growth per quarter
Material prepared by Igor Buglo, Head of the Maltese office, MBA
Updated: