Where to Find the Most Affordable Apartments in Belgrade

In recent years, the demand for apartments in Belgrade has been concentrated in central city municipalities. However, there are indications that some buyers are turning their attention to the outskirts, where larger living spaces can be found at more affordable prices, sometimes as low as €900 per square meter.

 

 

 

Increasing Interest in Peripheral Areas

 

According to data from the portal 4zida.rs, published in Euronews Serbia, municipalities such as Zemun, Voždovac, Obrenovac, and Grocka are experiencing increased interest from buyers. This trend is also observed in Zvezdara (particularly in the Mirijevo neighborhood), Palilula (Borča and Krnjača), and Rakovica (Miljakovac).

 

 

 

Real Estate Prices by Belgrade Municipalities

 

In October, compared to September, there were no significant changes in property prices:

• Medaković Padina: Average price per square meter is €1,989.
• Mirijevo: €1,970.
• Borča: €1,550.
• Miljakovac III: €1,730.

The most affordable apartments in suburban areas can currently be found in Obrenovac, Sopot, Barajevo, and Mladenovac, where prices range from €900 to €1,500 per square meter, depending on location, size, and the condition of the property. Buyers should exercise caution regarding property conditions, as this often explains the relatively low prices.

 

 

 

The Most Expensive Municipalities

 

The most expensive municipalities in Belgrade remain Vračar, Stari Grad, and Savski Venac, with prices ranging from €3,500 to €4,000 per square meter and occasionally exceeding these amounts.

 

 

Popular Choices Among Russian Buyers

Russian citizens are most interested in purchasing apartments in Novi Beograd, Vračar, and Voždovac, but they also show interest in peripheral areas such as Zemun and Zvezdara. However, their share in the Belgrade real estate market currently does not exceed 5%.

 

 

 

Luxury Apartment Prices in Belgrade

 

In October, consulting firm Kordon conducted a market analysis of approximately 90 of the most attractive residential projects in Belgrade, with prices ranging from €2,000 to €12,000 per square meter. Below is an overview of prices by municipality:

 

 

Savski Venac

 

Finding a luxury apartment on Savski Venac for less than €4,000 per square meter is challenging. Exceptions include projects in Dinarska Street (€3,300), Miloja Đaka (€3,600), and Talija in Belgrade Waterfront (€3,600–€4,000).

In BW Rima, prices range from €3,600 to €4,300 per square meter. Apartments in Merin and Kalman (Dedinje), as well as BW Bella (Belgrade Waterfront), are priced between €4,000 and €5,000.

 

Projects like Eden (Dedinje) and Central Plaza (Pasterova) are priced between €5,000 and €6,000. Apartments in Riviera (€8,200+), Perla (€7,000), and Viktorija (€7,300) in Belgrade Waterfront are in the high-end range. Upcoming projects near TC Galerija, such as Dolče (€7,200) and Bonaca (€7,500), compete with King Circle (Slavija), which ranges from €6,500 to €7,500.

 

 

 

Novi Beograd

 

The highest prices in New Belgrade are in Block 26, where square meter prices exceed €7,750. In Novi Minel, prices range from €3,300 to €5,280, while The One (near Airport City) and Soul 64 are priced up to €5,000. Other projects, such as Velport and Airport Garden, are priced around €4,100 per square meter.

 

 

Čukarica and Rakovica

Luxury projects in these areas are rare, with prices ranging from €2,200 to €3,850 per square meter.

 

 

 

Zvezdara

Prices in Zvezdara are similar to those in Čukarica and Rakovica, ranging from €2,200 (Park Forest) to €3,850 (Zahumska Street).

 

 

 

Vračar

Vračar is home to luxury apartments priced between €4,500 and €5,000 per square meter. High-end properties, such as those in Diatreta (€5,000–€6,000), Šumatovačka (€5,540), and Briksvel (Stojana Protića, €5,700), reach prices of €6,270 in Katanićeva Street.

 

 

 

Stari Grad

The most affordable luxury apartments in Stari Grad are located in Venizelosova Street (Novi Dorćol), priced between €3,500 and €5,000. Prices reach up to €6,600 in Belgravia (Gospodar Jovanova Street).

 

 

 

Zemun

In Zemun, apartment prices range from €2,585 to €3,740 per square meter, according to the available data.

Belgrade’s real estate market continues to offer a variety of options, from affordable apartments on the outskirts to high-end luxury properties in prime locations, catering to a diverse range of buyers.