One can buy a house in Serbia even for €4,000; such buildings are liveable and equipped with communications. But this applies to the countryside in the historic region of Bačka, which lies in the northern part of the country. At the same time, in the center of Belgrade for the money one can afford only 2 sq.m of living space, according to ee24.com citing gdeinvestirati.com.
Cheap houses in Serbia, equipped with electricity, landline phone and water, with a large lawn or a small garden, were offered for sale in Bačka. Local hunters do not usually buy such real estate because it's hard to get a job in villages. Those who buy are trying to take up farming.
A completely different situation is in the capital city which is in 100-150 km to the south. Apartment of 55 sq.m in the center of Belgrade is worth €100,000, that is an average of €1,800 per sq.m. However, it is cheaper than in neighboring Balkan capitals: in Ljubljana "square" costs €2,600, in Zagreb - €2,300.