Belgrade real estate prices lowest in region
Recent studies show that Belgrade has the lowest prices for renting apartments and offices in the region.
Sunday, 07.02.2010.
11:46
Recent studies show that Belgrade has the lowest prices for renting apartments and offices in the region. Other than Budapest, in which the amount of available apartments has been greater than the demand in the last two years, Belgrade is the cheapest larger city in Southeast Europe, with apartments costing less than in Sofia or Tirana even. Belgrade real estate prices lowest in region The prices for renting offices in all of Serbia have fallen to a level they have not been at since 2000. According to research done by the consulting company Colliers, the average monthly cost for renting an A-class office or apartment in Belgrade is currently at EUR 13.9 per square meter. Office space manager in Colliers, Bosko Tomasevic, said that people looking to buy should take advantage of the “buy while its cheap” principle. He said that some who rent sometimes break off agreements that are under favorable conditions and go to a new location, therefore, there are always locations springing up that are available but were being rented out for a longer period of time previously. Both old buildings in the direct center of Belgrade and the modern office spaces in New Belgrade have a large percentage of locations that are not occupied. Colliers stated that in the second half of 2009, the increase in available A-class locations was 17.5 percent, and B-class locations on the outskirts of the city increased in availability by 20 percent.
Belgrade real estate prices lowest in region
The prices for renting offices in all of Serbia have fallen to a level they have not been at since 2000.According to research done by the consulting company Colliers, the average monthly cost for renting an A-class office or apartment in Belgrade is currently at EUR 13.9 per square meter.
Office space manager in Colliers, Boško Tomašević, said that people looking to buy should take advantage of the “buy while its cheap” principle.
He said that some who rent sometimes break off agreements that are under favorable conditions and go to a new location, therefore, there are always locations springing up that are available but were being rented out for a longer period of time previously.
Both old buildings in the direct center of Belgrade and the modern office spaces in New Belgrade have a large percentage of locations that are not occupied.
Colliers stated that in the second half of 2009, the increase in available A-class locations was 17.5 percent, and B-class locations on the outskirts of the city increased in availability by 20 percent.
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