One of the least considered countries when it comes to the real estate market, it may actually prove to be the keystone for your real estate investment.
We are talking about Serbia, the nation of Eastern Europe that in recent years has been enjoying great success in various areas, from tourism to residential.
Let's find out together how convenient it is to buy a property in Serbia.
Let's start with some notions of geography (which never hurts!)
Serbia is located in the Balkan peninsula and the capital, Belgrade has more than 100,000 inhabitants.
Its outlet on the sea allows easier communication with other countries, but also important contacts at the commercial level.
The best time to visit this country is undoubtedly in spring, as the winters are very cold and the snowfalls are abundant.
On the other hand, summer is characterized by high humidity.
The official language is Serbian, but you won't have any difficulty understanding it when speaking English or French.
We now come to the prerequisites for access to this country.
All EU citizens can travel to Serbia even with a simple identity card (only if the stay does not exceed 90 days), in which case it is necessary to renew with the stamp.
All foreigners must register with the police office within 24 hours of arrival.
In terms of connections, however, the capital, Belgrade, is well connected with the main airports of various European capitals and beyond.
The official currency is the Serbian Dinar, which corresponds to about 0.0084 euros.
You will understand well then that life in Serbia for a foreigner belonging to a state in which the European currency is in force, will be convenient.
A Serbian citizen receives about 300 euros per month and with less than two euros you can eat and drink abundantly. That is why there are so many pensioners who decide to move to this state.
For the rest, however, we must remember that we are talking about a fairly dynamic nation in economic terms, especially in terms of foreign investment.
And now, let's get to the salient point, the purchase of a property in Serbia.
An independent house in the heart of the capital, is around 30,000 euros, but you can also request (and find) independent houses suitable for those who want to live more luxurious environments.
As for rentals, prices start from 7 euros per day up to a maximum of 45. (always based on the type of property)
What can I say, we hope we've given you all the information you've been looking for and, as always, we wish you a pleasant trip!
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