€7,4B
Volume of transactions in 2024
+15% by 2023
MAXIMUM REAL ESTATE & MORTGAGE
WHO CAN GET A MORTGAGE
Mortgages are available if you know how
Serbian banks lend to three categories of clients under different conditions. We know the nuances of each - especially for individual entrepreneurs, who are simply shrugged off by ordinary agencies.
MARKET 2025–2026
The market that investors are looking at
The volume of transactions is growing, prices have risen for the third year in a row, and the rate is lower than in most EU countries. Serbia is a stable real estate market with transparent regulation.
+6%
Rising prices for apartments
per year (Q3 2025)
25%
Share of transactions on credit
the rest is in cash
6–9%
Rental income per year
in Belgrade and Novi Sad
Prices by city, €/m² (2025)
| City | New building | Secondary | Growth over the year |
|---|---|---|---|
| Belgrade (center) | €3 500+ | €2 500–3 000 | +6,55% |
| Belgrade (dormitory) | €2 000–2 500 | €1 800–2 200 | +5–8% |
| Novi Sad | €1 800–2 800 | €1 700–2 250 | +6,26% |
| Nis | €1 200–2 200 | €1 000–1 700 | +7–10% |
| Kragujevac | €800–1 200 | €700–950 | +4–6% |
Sources: RGZ (Cadastre of Serbia), NBS, Bloomberg Adria, Investropa, CityExpert. Q3 2025 data.
BROKER SERVICES
Support of purchase and sale transactions
From the first consultation to recording of ownership in the cadastre. Without intermediaries and hidden commissions.
Mortgage brokerage
Analysis of the financial situation, selection of the bank with the best EKS rate, collection of dossiers and support of the transaction until the transfer of funds to the seller.
Selecting a bank for your profile
Not all banks are equally loyal to foreigners, residents and non-residents. We know which bank to apply to.
Selection of residential real estate
Search for apartments and houses in Novi Sad, Belgrade and Fruska Gora. Checking the cleanliness of the cadastre and physical presence at viewings.
Commercial real estate
Selection of offices, warehouses and premises for retail, restaurants and salons. Calculation of ROI and analysis of investment attractiveness.
Do you need a preschool educational institution to purchase? →Legal support
Our lawyer controls Predugovor and Ugovor o kupoprodaji, and is present at the notary. Licensed court translator for apostille.
Preparing for a mortgage
If you are just planning a purchase, together we will build a path for 6–12 months: opening an individual entrepreneur, accumulating experience and credit history.
SELECTION OF A BANK
Each bank has its own policy on foreigners
Approval conditions, minimum down payment and rate depend on which bank you apply to.
| Parameter | Bank A | Bank B | Bank C | Bank D |
|---|---|---|---|---|
| Non-resident aliens | Yes | Individually | Individually | Individually |
| Without a Serbian residence permit | Yes* | No | No | No |
| IP Paushalians | Yes | Maybe | Yes | Individually |
| Min. down payment (1st home) | 20% | 20% | 10% | 20% |
| Max. term (EUR) | 20 years | 20+ years | 30 years old | 20–30 years |
| Resident guarantor | Not required | May be required | Joint and several debtor | Required |
| Service language | RU / EN / SR | SR / EN | SR | SR / EN |
* - secured by foreign real estate. The names of banks and exact conditions for your profile are available in a free consultation. We do not have agency agreements with banks - we recommend the one that suits you.
HOW MUCH DOES IT COST
From €358 per month for an apartment in Serbia
Three typical scenarios are economy, medium and premium. Calculation for a period of 20–25 years, rate 5.5–5.8%, valid for May 2026.
Economy
Nis · Kragujevac
€65 000
Apartment cost
First installment (resident 20%)€13 000
First installment (non-resident 50%)€32 500
Loan amount (resident)€52 000
Term · rate20 years · 5.5%
Payment per month~€358
Affordable segment for families. Good rental yield of 7–9%.
Average
Novi Sad · Belgrade (dormitory)
€120 000
Apartment cost
First installment (resident 20%)€24 000
First installment (non-resident 50%)€60 000
Loan amount (resident)€96 000
Term · rate25 years · 5.5%
Payment per month~€587
Popular segment. Demand is stable. Price growth 6%/year.
Premium
Belgrade Center · Doctor
€250 000
Apartment cost
First installment (resident 20%)€50 000
First installment (non-resident 50%)€125 000
Loan amount (resident)€200 000
Term · rate25 years · 5.8%
Payment per month~€1 260
High liquidity. Belgrade Waterfront - from €3,500/m².
The calculation is approximate. Exact numbers for your profile - after consultation with a broker. EKS rates are valid as of May 2026.
MAXIMUM × CRYPTO12
Buying real estate with cryptocurrency
Do you have capital in USDT, BTC or ETH? Through our licensed partner Crypto12, we legally convert digital assets into RSD for the purchase of real estate - with full documentary confirmation of the Source of Funds for the bank and notary.
More about crypto exchangePROCESS
Step-by-step path to the keys
From the first consultation to the registration of ownership - usually 1.5–2.5 months. One broker guides you every step of the way.
- 1
Consultation
We analyze the status (residence permit / individual entrepreneur / non-resident), assess creditworthiness, calculate the budget.
~1 day
- 2
Pre-approval at the bank
We prepare a dossier, submit an application, and receive preliminary approval for a loan.
~30 days
- 3
Selection of object
Viewing inspected objects, checking the cleanliness of the cadastre.
~2 weeks
- 4
Documents and assessment
Apostille of documents from the Russian Federation, notarized translation, real estate valuation.
~1–2 weeks
- 5
Deal with a notary
Signing Predugovor, then Ugovor o kupoprodaji with the transfer of funds to the seller.
~1 week
- 6
Registration and keys
Registration of mortgages and property rights in the RGZ cadastre.
~5–10 days
FAQ
Frequently asked questions about mortgages and transactions
If your question is not here, ask it during a free consultation with a broker.
Is it possible to get a mortgage without a Serbian residence permit?
Yes. One of the Serbian banks issues mortgages to non-residents without a residence permit - this is a unique situation in the market. The conditions are stricter (down payment 30–75%, additional collateral required), but the deal is real.
I am an individual entrepreneur, which banks lend to me?
Of the 4 key banks, two confidently work with payers, one works individually, one usually refuses. We will disclose names during consultation.
What documents from the Russian Federation need to be apostilled?
International passport, marriage or divorce certificate, income certificate for 6–12 months, credit history.
Is it possible to buy real estate with cryptocurrency?
Directly for crypto - no, the notary only accepts RSD. But through Crypto12 you can convert USDT, BTC or ETH to dinars with confirmation from Source of Funds.
How long does the whole transaction take from consultation to keys?
On average 1.5–2.5 months. The longest time is pre-approval in a bank (about 30 days).
Which cities are more profitable for investment?
Belgrade has the highest liquidity. Novi Sad - price growth of 6.26% per year. Nish - rental yield of 7–9% per year.
15 MINUTES · FREE · NO OBLIGATION
Get started with a free estimate
Leave a request - our broker will contact you, assess your chances of getting a mortgage and prepare a selection of properties to suit your budget.