SARAJEVO, Bosnia (February 5,2008) - Real estate agents in Bosnia expect prices to stay at their current levels for a while. According to them, the current prices of a square meter in the Bosnian cities have reached their high, and no increase higher than average 100 – 200 Bosnian Marks is expected.
Despite the high prices of apartments, demand is not yielding. Prices in the Bosnian capital Sarajevo have gone up by approximately 50 per cent in the past three years. In central Sarajevo clients now pay up to 4000 Bosnian Marks/sqm.
Banja Luka and Mostar follow as the second most expensive places to live, in terms of real estate prices.The causes for stagnating prices are seen in decreasing purchasing power, one agency claims.
Tuesday, February 5, 2008
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