Photo: kennedyresidence.rsThe Serbian real estate market recorded great activity in the first half of this year. This resulted in a record monetary volume of 3.6 billion euros, which is 25% more than in the same period in 2021, according to the report of the Republic Geodetic Authority (RGA). The most money was invested in properties in Belgrade, 1.9 billion euros, of which 1.2 billion euros were invested in the purchase of apartments.
DEPO RESIDENCE / PHOTO:LANDMARK-PMC.COM
The increase in apartment prices in Belgrade is also noticeable: the average price in new buildings reached 2,300 euros per square meter, while the average price per sqm on the secondary market is 1,800 euros. The most expensive square meter in the new building, at a price of 9,545 euros, was sold at Belgrade Waterfront. When it comes to the secondary market, the highest price per sqm, 4,902 euros, was paid for an apartment in the municipality of Stari Grad.
K-DISTRICT / PHOTO:KDISTRICT.RS
In the first half of the year, construction activity in the housing sector in Belgrade was also intense. With the completion of several capital projects, the market is enriched by more than 1,000 apartments. Since the beginning of the year, the Petica project in Block 63, the second phase of the Wellport complex, and the first phase of the Zepterra project in Block 65 have been completed.
ZEPTERRA / PHOTO:ZEPTERRA.RS
In New Belgrade, the residential-business complex Kennedy Residence was also recently completed, as was the Bežanija Plato on the Bežanijska Kosa. In Dorćol, the second phase of the K-District project has been completed and the third has begun.
WELLPORT / PHOTO:WELLPORT.RS
Construction of the Depo Residence project has begun on Zvezdara, near the Vukov spomenik, and the Vojvoda Residence project is being built on Voždovac. Also, the construction of the first phase of The One project in New Belgrade is underway.
By: Jovana Nikolić
