Pančevo is gaining popularity as an affordable and attractive real estate market for Belgraders, with apartment prices around €1,500 per square meter. The city offers excellent traffic connections, more spacious properties, and is becoming an increasingly sought-after option for those looking to buy.
Nikola Radić, the owner of Ataša Real Estate, encourages young buyers to take advantage of available subsidies, particularly participation subsidies, which he believes have been highly effective in the past. He notes that such state support has a positive impact on housing construction and real estate sales, especially in addressing the main hurdle for young buyers: down payments.
Radić advises caution until the rules for these subsidies are fully established, expressing concerns that delays or complications in the process could limit the benefits. However, he remains hopeful that the initiative, which covers 19% of the down payment, could be a game changer for many.
The growing interest in Pančevo is driven by its affordability compared to Belgrade. The average price per square meter in Belgrade’s more affordable areas is around €2,000, with many one-bedroom apartments priced out of reach for first-time buyers. In contrast, Pančevo offers spacious two-bedroom apartments at about €1,500 per square meter, attracting families looking for larger properties for the same price.
Radić highlights that Pančevo’s proximity to Belgrade makes it an ideal location for commuters, with excellent infrastructure and easy access to the city center. The demand for larger apartments in Pančevo is currently higher than in Belgrade, as families from the capital are moving to the city for more space and better value for money. Additionally, people from surrounding towns are purchasing apartments for their children.
Apart from Pančevo, Radić also recommends real estate in Mirijevo, a Belgrade neighborhood with a promising new development project. This project, which consists of five lamellas and more than 140 apartments, is ideal for those looking for quality construction and the potential for subsidized loans.
Ataša Real Estate also offers properties in Vrnjačka Banja, Zlatibor, and Kopaonik. In Zlatibor, new buildings range from €1,900 to €2,700 per square meter, depending on the quality of construction and amenities. Vrnjačka Banja, a popular destination for Belgrade retirees, also offers competitive prices for new developments at around €2,200 per square meter.
While Kopaonik remains the priciest of these destinations, with prices exceeding €3,000 per square meter, other locations such as Vrnjačka Banja and Zlatibor provide more affordable options for those looking for vacation homes or investment properties.
For more details on available properties, you can explore the offerings from Ataša Real Estate.
