Property Investment in Serbia as a Foreigner

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.

€2,900

Average price per 1 m²

2.5%

Average price growth per quarter

2.5—12%

Associated costs, of the property     value

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

Serbia residency or citizenship by real estate investment

Purchasing residential real estate in Serbia leads to obtaining a residence permit. The residence permit is issued for one year with the possibility of renewal, for which it is necessary to live in Serbia for at least 183 days per year.

After 5 years of living in Serbia with a residence permit, one can apply for citizenship.

Discover real estate market trends in 41 European countries

Discover real estate market trends in 41 European countries

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Taxes and associated costs

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
Property investments
Status
Obtaining time
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Malta28 properties

€375,000+

Permanent residency

6+ months

Show 28 properties

€375,000+Permanent residency6+ months
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Grenada17 properties

$270,000+

Citizenship

8+ months

Show 17 properties

$270,000+Citizenship8+ months
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UAE129 properties

AED 750,000+

Residence permit

2+ months

Show 129 properties

AED 750,000+Residence permit2+ months
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Spain30 properties

Not limited

Residence permit

4+ months

Show 30 properties

Not limitedResidence permit4+ months
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Portugal41 property

Not limited

Residency after D Visas

6+ months

Show 41 property

Not limitedResidency after D Visas6+ months
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Paul Lauber

Material prepared by Paul Lauber, Consultant, Compliance Anti Money Laundering Officer, certified CAMS

Updated:

​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 €2,900. 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 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.