These days there is great interest among citizens of Serbia, Germany, Switzerland, and Ukraine in seaside real estate prices. As countries recover from the pandemic and gradually open their borders, the public is paying more and more attention to foreign real estate markets, in particular Greece, Croatia, and Montenegro.
According to our data, the main focus is on small apartments and studios of up to 30 square meters. However, prices for such real estate vary greatly depending on the country.
For example, for a one-bedroom apartment in Montenegro with an area of 30 square meters you should set aside about 50,000 euros. If you are looking for an apartment in a new development, in some cases such an apartment will cost twice as much. In other words, prices for a one-bedroom apartment on the coast in Montenegro start at 1,400 euros per square meter. As for Croatia, according to a local real estate agency, you should budget more than 3,200 euros per square meter for a one-bedroom apartment.
For property of the same size in Greece, you should also set aside about 50,000 euros. It is worth understanding that the price will depend on the region, the property’s features, and the year it was built.
Real estate in Croatia
Property prices on the Croatian coast are the highest among the countries presented. For example, on Hvar (an island in Croatia), a two-room apartment 300 meters from the beach, with an area of 39 square meters, in a building with its own garden and a reserved parking space, costs 130,000 euros, that is, about 3,333 euros per square meter.
If you go further north, prices will be the same, although you can find good property for less money than on the most popular Croatian islands. For example, for a fully equipped one-bedroom apartment in Rovinj with an area of 30 square meters, about 200 meters from the beach, you need to budget 95,000 euros or 3,275 euros per square meter. A little farther from the sea, 400 meters away, in Rovinj you can buy 37 square meters for 99,000 euros.
At the same time, in Pula, 200 meters from the shore, 25 square meters cost 55,000 euros.
How to buy property in Croatia?
To buy an apartment in Greece, only a passport is needed, while the agency will provide you with full documentation and a Greek tax number AFM. In Greece, the tax on the transfer of absolute rights must first be paid, and only after that can you join the agreement.
Real estate in Montenegro
In the case of Montenegro, according to our real estate agency MD Realty, the price per square meter on the Montenegrin coast ranges from 1,400 euros and up. On our website you can find studios of around thirty square meters priced from 40,600 euros.
An apartment in a new development in Bar, with an area of 31 square meters, costs 49,000 euros, i.e. 1,580 euros per square meter. A furnished apartment in Herceg Novi with an area of 35 square meters and a sea view costs 42,000 euros (1,200 euros per square meter).
However, prices in new residential complexes with a pool, private secured grounds, and parking will be significantly higher. In Herceg Novi, you can find an option from 1,670 euros per square meter. In Tivat — on average from 2,000 euros per square meter. In Budva — from 1,600 euros per square meter in a new residential complex. In Bečići — from 1,400 euros per square meter in a residential complex under construction.
The cost of an apartment in luxury complexes with panoramic sea views, concierge service, a pool, spa, and park area reaches 3,500 euros per square meter.
How to buy property in Montenegro?
To buy an apartment in Greece, only a passport is needed, while the agency will provide you with full documentation and a Greek tax number AFM. In Greece, the tax on the transfer of absolute rights must first be paid, and only after that can you join the agreement.
Real estate in Greece
Prices for apartments and studios in Greece range from 1,000 euros and up. An apartment of 45 square meters in Halkidiki costs about 45,000 euros. Renovated houses can often be found at favorable prices. A fully renovated house with a huge terrace, but without furniture, just 200 meters from the beach, in Nea Kallikratia is sold for 51,000 euros.
On the other hand, in Nea Flogita, a partially furnished apartment of 32 square meters costs 50,000 euros, i.e. 1,562 euros per square meter.
How to buy property in Greece?
To buy an apartment in Greece, only a passport is needed, while the agency will provide you with full documentation and a Greek tax number AFM. In Greece, the tax on the transfer of absolute rights must first be paid, and only after that can you join the agreement.