In Serbia, a notary is not just a formal witness but a key figure ensuring the legality of a real estate transaction. Since 2014, all purchase and sale agreements must be certified by a notary. The notary bears full legal and financial responsibility for the 'cleanness' of the documents they verify.
The process of buying real estate in Serbia begins with finding a suitable property. There are two main ways to do this: searching independently on specialized websites or contacting a real estate agency. Each has its own specifics.
The acquisition of resale property in Serbia is subject to a one-time absolute rights transfer tax (Porez na prenos apsolutnih prava). The rate of this tax is fixed at 2.5% of the property's value.
To ensure an objective comparison of real estate prices in Russia and Serbia, it's crucial to compare cities of similar status and size. We won't compare a metropolis to a village; instead, we'll analyze three pairs: the capitals, the second-largest cities, and major regional centers.
The launch of the 'Soko' high-speed train has drastically changed Serbia's transportation map, turning Subotica into a de facto suburb of the capital. The travel time to Belgrade has been reduced to 1 hour and 15 minutes, making daily commutes not only possible but also comfortable.
When searching for a private house in Serbia, you will encounter several key terms that define the type and legal status of the property. Understanding these differences is the first step to buying a house in Serbia that meets your goals.
The current situation in the Serbian housing market is largely determined by macroeconomic factors. The rise in inflation and Euribor rates has led to a significant increase in the cost of mortgage loans, with interest rates reaching 6-7%. This has directly impacted the purchasing power of the population using borrowed funds.
In recent years, Subotica has been experiencing a real construction boom. The main catalyst for growth was a strategic infrastructure project—the launch of a high-speed railway, which significantly improved the city's transport accessibility and increased its attractiveness for living and doing business.
The foundation of the Serbian spirit is Orthodox Christianity. This is not just a formal affiliation, but a deeply rooted part of daily life. Churches here are almost always open, inviting you to come in at any time to be in silence and peace. This creates a sense of accessibility and spiritual closeness that permeates the entire society.