Real estate investment in North Macedonia

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.

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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

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Cost of a 3-bedroom apartment in North Macedonia

€190,000

Apartment in the centre of Skopje

€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

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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.

Taxes and associated costs

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.

Igor Buglo

Material prepared by Igor Buglo, Head of the Maltese office, MBA

Updated:
26 April, 2024