In the first quarter of this year, the highest agricultural land prices in Serbia were recorded in the South Bačka and Srem districts, reaching nearly €40,000 per hectare, according to the Republic Geodetic Authority’s report for the second quarter. The lowest prices were in the North Bačka and North Banat districts.
Compared to the same period last year, about 100 more parcels were sold — 1,609 this year versus 1,501 last year. In the South Bačka district, the maximum price per hectare reached €39,958, while in Srem it was €39,900.
A record sale was registered in the municipality of Čoka, where 163 hectares of farmland were sold for €2.36 million — the highest recorded agricultural land transaction in Serbia.
In contrast, land prices in the Belgrade region and central Serbia are significantly higher than in Vojvodina. The maximum price per hectare in the Belgrade region reached €69,803, while in Šumadija and western Serbia it was €50,000. The lowest prices were found in southern and eastern Serbia, ranging from €303 to €30,000 per hectare.
The most expensive square meter of agricultural land was sold in Irig for €34 per m², while the highest total parcel price was in Kula — €1.25 million for over 86 hectares.
The total value of Serbia’s real estate market in the second quarter of this year reached €2.1 billion. Apartments accounted for 60% of the total (€1.2 billion), followed by houses (€161.7 million), construction land (€156.7 million), commercial properties (€86.7 million), and agricultural land (€49 million).
