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Real Estate Briefing - Categorized | Emerging Trends, Market Moves more

Belgrade real estate prices under pressure

Posted on 03 June 2009

From Balkaninsight.com: Real estate agents, only four months ago, were adamant that residential property in central Belgrade could not drop in value, but recently released Q1 results for 2009 show a 15-25 per cent drop in apartment prices.
And Colliers International, a real estate agency, is predicting a further 10-15 per cent drop by the end of 2009 due to changes in how tax is calculated and ongoing market uncertainty…….Full Article: Source


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