Real Estate

Five Cheapest Places to buy Property in Serbia

Serbia is a country nestled in the heart of southeast Europe. This country is filled with an amazing history and proud people who are not only energetic and fun but loving and warm-hearted.

It is a land where east meets the west, and it blends both good and bad into one abrasive cocktail. Serbia is a land of spirit and science known for both peace and tranquility. This country is famous for its history, beautiful buildings, festivals that go all year round, and amazing food made from various ingredients.

Serbia is categorized among the cheapest countries in Europe. Here is a list of the cheapest cities to buy property quickly in Serbia.

  1. Kraljevo

Kraljevo is the administrative center of the Raska District and is situated in south-Central Serbia. Kraljevo is also known as seven Kings as seven medieval Serbian kings were crowned nearby Zica monastery.

The average monthly cost of living in Kraljevo is 444 EUR, and a property of 90m2 with a minimum amount of 48,000 EUR can be purchased easily.

  1. Bor

Bor district is the administrative center of Bor and is one of the nine administrative districts of southern Serbia. This city has many hydro-electric power plants, and it is known as traditional energy-oriented land.

This city is well known for its largest copper mines in Europe, and through mining and smelting, it produces gold, silver, and copper.

Bor is among the cheapest cities of Serbia, for its monthly living cost is very low. Not only the food, traveling, and rental is cheap here, but buying a property in Bor is also very cheap. You can buy a new property of 90 m2 in Bor in the amount of 39,000 EUR.

  1. Vranje

Vranje is situated in southern Serbia and is the administrative center of the Pcinja district. Vranje was an important trading site for the ottoman empire. Its white bridge, the city’s symbol, is famous and known as “Most Ljubavi” (Lovers Bridge).

The average cost of living in Vranje is 390 EUR for a single person, but the average salary is less than the expenses; therefore, you must earn a bit more than the expenses to have a comfortable living. Moreover, buying a property in this city is not that expensive, and you can buy a house of 100m2 at 35,000 EUR easily.

  1. Subotica

Subotica is situated in the province of Vojvodina, Serbia, and it is the administrative center of the North Backa District.  Subotica was the largest city of the province, but now it is the second largest, following Novi Sad.

Subotica is a vibrantly multicultural city with marvelous architecture that attracts tourists and makes it an ideal destination to visit.

The average cost of living in Subotica is 343 EUR, which is quite reasonable compared to other big cities. An apartment of 98m2 in Subotica can be available for 31,000 EUR with finance, making it very affordable and comfortable for living.

  1. Zajecar

Zajecar is the administrative center of one of the nine administrative districts of Zajecar, and it is situated in eastern Serbia. Zajecar is very rich in history, Roman emperors were born in this city, which is still depicted by Felix Romuliana, a fortified Roman Palace.

With the rich history, this city is also rich in culture and enjoys traditional festivals and music. When it comes to living in this city, it has a lot to offer. By an estimation, a person can spend 70 EUR a month on groceries, indicating that it is very affordable. When it comes to buying a property in Zajecar, the range can start from 25,000 EUR for 102m2.