Serbia Real Estate: Not Cheap or Too Expensive?

[@jelenajm1160]

I am Serbian and currently residing in Canada. In Canada, the cost of housing has increased severely over the last 10 years with the price of the average home reaching over $800,000 and the cost of a one bedroom apartments hovering around $2,000 a month in larger urban centres. This makes Serbia look like an extremely appealing country to purchase property in. My husband and I currently looking into purchasing a property in Serbia in the next few years.

[@traveleconomics]

The nominal value of properties in Serbia is still way lower than in Canada. If you have a Canadian income to buy in Serbia is an easy choice. The problem is when you have a Canadian income in Canada, or a Serbian income in Serbia.

[@soundslight7754]

Fruits in Serbia taste much better than anywhere else, I don't know why

[@ComunistaIndio]

Serbia is a great country with a rich history❤

[@Imhim247]

A Big THANK YOU! I asked for it and you make a update video about Serbia. I appreciate you and this channel for the info. I'm going to visit Serbia this year! This is amazing time. I'm ready to go there. I'm glad I've save enough😃

[@traveleconomics]

Glad to help. Enjoy your trip!

[@Imhim247]

@@traveleconomics Thank you so much!

[@worldsnomad]

Don't go there .

[@MichaelThomas-ys7zr]

GDP is the wrong measure for comparing the wealth of nations. The average Serbian lives a similar life to the average Briton. While in Britain people drive newer cars and take more foreign holidays, they do so on credit. The average Serbian family had very little debt. The average Briton has thousands of pounds of debt, some have tens of thousands of pounds of debt. A very large minority of Britons cannot live on their salaries alone, they use their credit cards every month just to survive. If you look at GDP figures, the West looks far richer than the rest of the world. If however you dig a bit deeper, things are not so clear.

[@seamusp5991]

Great info, as always. Thanks!

[@traveleconomics]

thanks!

[@EtikBenjamin]

Thanks for the video! Also the blend of your natural voice with AI works really well. Glad you considered it 🙏🏾👌🏾

[@traveleconomics]

@@EtikBenjamin thanks, glad you think it works well, the model is improving a lot.

[@yourbodyis75waterandimthir44]

I always wanted to buy or create my vacation home in Serbia far outside the city. I'll have to finish my studies and earn a good income first

[@100nakpvp2]

Depends on how you look at it. Got Western salary? Its very affordable for the most part. Got Serbian salary? Good luck soldier

[@traveleconomics]

Very good point, salary and your currency/purchasing power go such a long way

[@logaritam]

N1 and Nova sponsored this video :)

[@mcrema1]

Its better investement to buy in Belgrade then in Calgary due to way lower tax and condo fees

[@traveleconomics]

Not necessarily. Prices are up in Belgrade because things are going bad in other countries. In Calgary, they are up fueled by immigration. Calgary doubled its population in 10 years, while Belgrade growth rate is 0.20% per year. It is hard to say which one is better (or worse) as an investment, but it is not an easy choice, both involve a huge amount of risk. I'd choose Calgary nevertheless, because of climate change problems and lower geopolitical risk.

[@mcrema1]

@@traveleconomics real estate in Belgrade is paid 80% cash on the other hand in Calgary is probably other way around and more,so people can afford real estate in Belgrade,same as those peapole came to Calgary,they can leave as well

[@AlexM-t6h]

Belgrade is cheaper but the quality of life in Calgary is better.

[@AlexM-t6h]

Much more expensive than before, thanks mainly to the Russians that came in and to inflation.

[@traveleconomics]

Thanks for sharing your experience in Serbia

[@heatherl6107]

Money laundering.

[@AlexM-t6h]

Why is it money laundering if someone from abroad like that normal Canadian couple from the comments, wants to buy a property in Serbia?

[@adamnowak5719]

Serbia is worshipping russia and their leader Putler. ☹️ I will never invest in a such country.

[@SH-jg5zq]

Ridiculous 😂

[@gbp4998]

Thank you for that. We don't like Nazzi loving Western Nato oligarchs and globalist. We don't want people like you on our country.

[@worthyisthelamb7]

Grow up

[@CraveSnowForGold]

Ahahaahahahah

[@Candlelight787]

Nobody cares 🤡