In the first six months of 2020, the number of sold properties in Serbia dropped by 14 percent due to the pandemic, but they are more expensive compared to the same period in 2019 because the total amount of money is lower by eight percent.
"In the first half of this year, the average price per square meter of an apartment in an old building was 997 euros, and in a new building 1,337 euros, in the same period in 2019 a square meter in an old building cost 950 euros, and in a new building 1,320 euros," the statement said.
In the first six months, the real estate paid in cash in 67 percent of purchases, and the rest by credit. This year, real estate is paying five percent more cash loans than last year.
In the first half of the year, 40,884 real estate purchase contracts were concluded, ie 14 percent less than in the same period in 2019.
Real estate was the most traded in June, 10,288 contracts were concluded, 20 percent more than in the same month in 2019.
In the first half of this year, the most traded were residents, construction and agricultural land.
"There is a significant increase in the number of cottages sold, which participate in the total turnover with one percent," it is stated in the announcement.
The largest number of sales was made in Vojvodina, and then in Belgrade.
Source: N1 Serbia