Rental incomes moderate to good in Serbia

  Last Updated: Sept. 27, 2022
BELGRADE - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Belgrade (all locations)  
Studio €70,000 €450 7.71%
1-Bedroom €109,000 €600 6.61%
2-Bedroom €150,000 €700 5.60%
3+Bedroom €225,000 €1,170 6.24%
Belgrade avg. Rental Yields 6.54%
NOVI SAD - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Novi Sad (all locations)  
Studio €61,800 €260 5.05%
1-Bedroom €87,650 €400 5.48%
2-Bedroom €119,480 €550 5.52%
3+Bedroom €159,086 €875 6.60%
Novi Sad avg. Rental Yields 5.66%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide 

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