Belgrade’s Square Meter and Gold: Who’s Crazy Here?
Have you ever thought that the price per square meter in Belgrade exploded? Well, it did, but wait until we tell you something that might change your perspective. While everyone complains that real estate in Belgrade has gone through the roof, a smart analysis shows that things aren’t quite what they seem – if prices are viewed through the lens of gold!
Price per square meter in euros vs. price in gold
In the last 13 years, the average price per square meter in Belgrade has jumped by a whopping 66.7%. Sounds like someone dropped a bomb on the real estate market! But when the same price is compared to the price of gold, things get hilarious – the price per square meter in gold has actually dropped by 26.8%! Yes, you read that right – real estate in euros got more expensive, but in real value, measured by gold, it’s cheaper than over a decade ago.
Why does this matter?
In times when inflation runs wild like never before, money loses value, and gold, as a timeless store of value, only strengthens. This means that even though a flat seems expensive, compared to gold, it’s cheaper. So if you thought you were smart buying a flat 13 years ago, you might have actually lost out compared to those who invested in gold.
What does this mean for buyers and investors?
Real estate buyers should ask themselves – is buying a flat in Belgrade really a good investment? If we look through the prism of gold, the answer isn’t so clear. Investment gold has provided much greater security and capital preservation in the last 13 years than real estate.
For flat owners, this signals that they are not immune to macroeconomic turbulence and that the value of their property can be deceptive. For investors, gold might be a sign to consider portfolio diversification and not put all eggs in one basket – real estate is not the only safe haven.
A paradox that changes the game
While media and forums talk about record prices per square meter, the real value of real estate in Belgrade compared to a globally recognized standard – gold – is falling. It’s like watching a movie from two angles and realizing the story is completely different.
What next?
This analysis opens the door for a serious discussion on how we view the real estate market and what “price increase” really means. Maybe it’s time to break free from traditional measures and start following global trends and expert advice on investment gold.
If you’ve already used such analyses or have your opinion on whether the square meter in Belgrade really got more expensive, drop a comment. Are you more for concrete or gold? Or maybe both? In any case, this topic is far from over – and that’s exactly why it’s fun!
