A few years ago, having 100,000 euros or the ability to secure such a loan meant you could choose from a wide range of apartments. Today, however, that amount barely covers a studio apartment in central Belgrade. In cities like Novi Sad, Niš and Kragujevac, the situation is somewhat more favorable, where 100,000 euros can buy apartments ranging from 45 to nearly 100 square meters in prime locations. This year alone, apartment prices have surged by 5% to 30% depending on the area. Experts also predict that prices may rise further soon, as the National Bank of Serbia plans to permanently limit interest rates on housing loans starting in early 2025, potentially motivating more buyers to enter the market.
Before this anticipated increase, we explored what 100,000 euros can currently buy in Belgrade, Novi Sad, Niš, and Kragujevac.
Apartments for 100,000 euros in Belgrade
As the capital, Belgrade tends to be the most expensive city, offering limited options for those with a 100,000 euro budget. For instance, in Zemun, you can find a furnished two-bedroom apartment of 60 square meters with free parking. If you prefer central living, you might consider an 18-square-meter studio in Vračar, near Cvetni trg and Manjež park, though it’s on the top floor and uses an air conditioner for heating. This apartment is priced at over 5,500 euros per square meter.
Another option is a 46-square-meter two-room apartment in Mirijevo, located on the fourth floor of a five-story building.
Apartments for 100,000 euros in Novi Sad
In Novi Sad, you can purchase a semi-furnished one-and-a-half-bedroom apartment of 45 square meters near the Boulevard of Liberation with central heating. Alternatively, a renovated two-and-a-half-bedroom apartment of 55 square meters is available in Novi Naselje. For those looking to live in Avijatičarski naselje, a furnished one-and-a-half-room apartment of 43 square meters is on the market, though it’s on the ground floor with gas heating.
Apartments for 100,000 euros in Niš
In Niš, on Mediana, you can buy a two-and-a-half-bedroom apartment of 75 square meters for 100,000 euros, located on the fourth floor of a building without an elevator. Another option is a 64-square-meter two-and-a-half-bedroom apartment in Pantelei, though it’s unclear if it’s registered. There’s also a 96-square-meter semi-furnished apartment near the Faculty of Medicine, but it is on the fifth floor of a building that lacks an elevator.
Apartments for 100,000 euros in Kragujevac
In Kragujevac, a two-room apartment of 58 square meters can be purchased in the city center, featuring central heating but located on the ground floor. Alternatively, a 62-square-meter apartment in Erdoglia is under construction and not ready for immediate occupancy. A notable find is a 120-square-meter three-room duplex near the Ozon shopping center, also under construction and located on the fourth floor, which includes two garage spaces.
Price trends
Despite the high prices and limited options, experts anticipate that apartment prices will continue to rise. The forthcoming limitation of interest rates on housing loans by the National Bank of Serbia is expected to increase demand, potentially pushing prices even higher.
