Miroslav Cvetkovic, director of the Cvetkovic-Roskov agency and the Keller Williams company in Serbia, told Tanjug, adding that the real estate market in Belgrade grew by seven percent in the last quarter of 2020, according to the number of certified contracts, and that the total value housing markets in the capital amounted to 434 million euros.

As he says, the real estate market in Belgrade is very lively, and the real estate business, regardless of the pandemic, is going well and has survived one very challenging year.

Cvetković estimates that real estate outside the city, where people can have peace from the city crowds, will get more and more on the price, and points out that the most expensive cottage was sold on Kosmaj for three million euros.

He states that they are attractive locations for buying cottages on Avala, Kosmaj, Fruška gora, and some banks have made their projects and are giving mortgage loans for the construction of prefabricated houses.

The increase in the sale of garages in Belgrade, Nis, Novi Sad and Kragujevac stands out as interesting in the previous year.

Commenting on the price of apartments in Belgrade, he says that the most expensive square meter of an old building is in the Old Town, where the average price is around 2,250 euros per square meter, while in Vracar the price of an old apartment is around 2,000 euros.

He points out that the most expensive square meter of an apartment is in "Belgrade on Water", where prices reach up to 8,000-9,000 euros.

He states that apartments in the municipality of Rakovica are the cheapest, where the average price in the old building is slightly higher than 1,000 euros, while in the new building in some quarters it jumped to 1,300 euros per square meter.

"The municipality of Cukarica recorded the largest increase in sales of apartments in new construction, and in some quarters, prices rose by 27-28 percent. If we compare the quarter of 2020 with the quarter of 2019, it is clear that the prices of apartments in the old and new buildings have increased, "Cvetković pointed out.

Answering the question whether citizens buy more apartments in old or new construction, he says that it depends on the possibility of payment, as well as that both apartments are sought.

"We can expect the construction of more residential complexes on the territory of the city of Belgrade," he added.

Asked what the arrival of the company means for the real estate market in Serbia, Keller Williams points out that it is a global company with about 190,000 agents from 52 countries.

By the way, the world's largest real estate company Keller Williams has expanded its European network with a new master franchise in Serbia, which it awarded to the real estate agency "Cvetković-Roškov".

It is a company known for its own technology of work of agents who have as many as 64 different trainings, which, adds Cvetković, will lead to an increase in quality and productivity in business.

Source: seebiz.eu