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Frequently asked questions

What are the advantages of buying an apartment in the mountains?

Buying an apartment in the mountains offers numerous advantages, the most significant being fresh air, a peaceful environment, and proximity to natural beauty. Mountain apartments provide the perfect setting to escape the hustle and bustle of the city and stress.

Additionally, many people choose the mountains for the health benefits of being at higher altitudes, which positively affects respiratory functions. Furthermore, mountain destinations are increasingly gaining popularity for year-round tourism.

Which mountain destinations are the most popular for real estate purchases?

In Serbia, the most popular mountain destinations for purchasing real estate are Zlatibor, Kopaonik, and Tara. Zlatibor is known for its well-developed tourist infrastructure and numerous facilities, while Kopaonik attracts winter sports enthusiasts. Tara stands out as a destination for nature lovers seeking peaceful retreats. Each of these destinations offers unique benefits, so the choice depends on the buyer's preferences.

How much do apartments in the mountains cost?

The prices of mountain apartments vary depending on location, square footage, quality of construction, and proximity to tourist attractions. In Zlatibor and Kopaonik, apartments in the center or near main attractions can reach high prices, while properties on the outskirts are more affordable. For example, the average price per square meter can range from 1,500 to 3,000 euros, depending on factors like amenities and views.

How to finance the purchase of an apartment in the mountains?

The purchase can be financed using personal funds or through housing loans. Banks usually offer favorable terms for real estate purchases in mountain destinations with tourist potential. It is recommended to consult a financial advisor before making a decision to ensure you get the best possible terms. Kredium assists clients with professional advice and support throughout the real estate purchase process, including finding the best housing loan offers (contact phone: 066 68 68 998).

Is additional documentation required for purchasing property in the mountains?

For purchasing property in the mountains, standard documentation is required, including proof of ownership, a land registry extract, and confirmation of paid taxes. If the property is in a protected area, additional documentation or permits from relevant authorities may be necessary.

What are the rental opportunities for apartments in the mountains?

Mountain apartments are in high demand for short-term rentals, especially during the winter season and summer months. Owners can generate significant income from tourist rentals.

What should be considered when buying an apartment in the mountains?

When buying an apartment in the mountains, it is important to pay attention to the quality of construction, insulation, availability of heating systems, and proximity to essential amenities like stores and restaurants. Also, check the infrastructure conditions, such as access roads, which are crucial during winter months.

What are the maintenance costs for mountain apartments?

Maintenance costs include utilities, heating, maintenance of common areas, and possible repairs. During winter, heating costs can be significantly higher due to low temperatures.

Can an apartment in the mountains be a long-term investment?

Yes, apartments in popular mountain destinations have the potential to maintain or increase their value over time. Additionally, they can generate income through rentals. Mountain destinations that are experiencing a steady increase in tourist numbers often become even more attractive to investors.

Is buying an apartment in the mountains a good choice as an investment for rental during the summer months?

Yes, buying an apartment in the mountains can be a good investment for summer rentals, especially in tourist-popular areas. The mountains offer activities such as hiking and cycling, which attract visitors during the summer. It is important to consider the location, infrastructure, and maintenance before making a final decision.