The Nis real estate market is going through a period of steady growth that has lasted three years. The average price per square meter for new builds in the center is around EUR 1,800-2,200, while older apartments are available for EUR 1,200-1,500. Compared to Belgrade, the same money buys you twice the space here.
Growth drivers include the opening of new factories and business zones, growth of the IT sector, and infrastructure improvements. Constantine the Great Airport connects Nis with multiple European destinations, and road network upgrades are shortening travel time to Belgrade to about two and a half hours.
The most sought-after locations are the center (Medijana municipality), Nemanjica Boulevard, and Cair. For investors seeking higher yields, student apartments near the university offer a stable income source — Nis is the third university city in Serbia with over 30,000 students.
