Serbian Buyers Seek Affordable Coastal Properties Abroad
Growing interest in overseas real estate, particularly in Italy and Turkey, due to lower prices compared to Serbia.
In recent years, there has been a significant increase in the interest of Serbian citizens in purchasing real estate outside of Serbia, particularly coastal properties.
This trend is largely attributed to more favorable pricing compared to square meter rates in Belgrade, with some properties available for less than €50,000 in certain cities.
Jelena Dukić, a representative from a real estate portal, noted that the highest interest among Serbian buyers is directed towards properties in Italy and Turkey, alongside traditional favorites Montenegro and Greece.
Dukić stated that the rising prices in Serbia have driven this interest, allowing buyers to find real estate options for €50,000 or less.
The location and condition of properties significantly influence real estate pricing in these coastal regions.
Areas that are more developed and popular with tourists tend to command higher prices.
In Italy, affordable regions exist for the specified budget.
For instance, in Calabria, particularly in towns like Tropea and Zambrone, square meter prices start at around €800, allowing for the purchase of larger apartments over 60 square meters for €50,000.
Additionally, the lesser-known but attractive region of Molise offers properties at approximately €534 per square meter for houses, or around €362 per square meter for apartments.
The Abruzzo region also features average prices around €1,200 per square meter, attracting those looking for quieter coastal towns where they can enjoy their vacations without crowds.
Turkey has seen a surge in popularity among foreign buyers, with Alanya being a particularly appealing destination.
The Mediterranean city offers smaller apartments starting from €600 per square meter, especially in the neighborhoods of Oba and Kestel.
Antalya also presents similar opportunities within the same price range.
Moreover, the coastal city of Mersin has gained popularity due to its attractive price point of around €550 per square meter, making it an appealing option for investment.
In Greece, there has been a noticeable increase in property prices in recent years.
Nevertheless, it remains possible to find older, smaller properties for €50,000 in select locations.
The most significant supply of such properties can be found in Northern Greece, especially in regions like Kavala and the Halkidiki peninsula, as well as central Greece around Volos, the eastern coast of Evia, and certain areas of the Peloponnese.
This trend is largely attributed to more favorable pricing compared to square meter rates in Belgrade, with some properties available for less than €50,000 in certain cities.
Jelena Dukić, a representative from a real estate portal, noted that the highest interest among Serbian buyers is directed towards properties in Italy and Turkey, alongside traditional favorites Montenegro and Greece.
Dukić stated that the rising prices in Serbia have driven this interest, allowing buyers to find real estate options for €50,000 or less.
The location and condition of properties significantly influence real estate pricing in these coastal regions.
Areas that are more developed and popular with tourists tend to command higher prices.
In Italy, affordable regions exist for the specified budget.
For instance, in Calabria, particularly in towns like Tropea and Zambrone, square meter prices start at around €800, allowing for the purchase of larger apartments over 60 square meters for €50,000.
Additionally, the lesser-known but attractive region of Molise offers properties at approximately €534 per square meter for houses, or around €362 per square meter for apartments.
The Abruzzo region also features average prices around €1,200 per square meter, attracting those looking for quieter coastal towns where they can enjoy their vacations without crowds.
Turkey has seen a surge in popularity among foreign buyers, with Alanya being a particularly appealing destination.
The Mediterranean city offers smaller apartments starting from €600 per square meter, especially in the neighborhoods of Oba and Kestel.
Antalya also presents similar opportunities within the same price range.
Moreover, the coastal city of Mersin has gained popularity due to its attractive price point of around €550 per square meter, making it an appealing option for investment.
In Greece, there has been a noticeable increase in property prices in recent years.
Nevertheless, it remains possible to find older, smaller properties for €50,000 in select locations.
The most significant supply of such properties can be found in Northern Greece, especially in regions like Kavala and the Halkidiki peninsula, as well as central Greece around Volos, the eastern coast of Evia, and certain areas of the Peloponnese.
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