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Reading: Real Estate Boom: New Construction Prices in BiH Reach All-Time Highs
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Sarajevo Times > Blog > BUSINESS > Real Estate Boom: New Construction Prices in BiH Reach All-Time Highs
BUSINESS

Real Estate Boom: New Construction Prices in BiH Reach All-Time Highs

Published May 24, 2025
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According to the data from the Agency for Statistics of Bosnia and Herzegovina (BiH), the average price of sold new apartments per square meter in the first quarter of 2025 amounted to as much as 3.073 BAM.

Compared to the average price of sold new apartments per square meter in 2024, the average price is higher by 4.8 percent, and compared to the first quarter of 2024, it is higher by 10.7 percent.

The number of sold new apartments in the first quarter of 2025 compared to the first quarter of 2024 is higher by 5.8 percent. Compared to the average number of sold new apartments in 2024, it is lower by 29.8 percent.

The surface area of sold new apartments in the first quarter of 2025 compared to the first quarter of 2024 is higher by 6.2 percent, and compared to the average surface area of sold new apartments in 2024, it is lower by 30.2 percent.

As explained by the Agency, the average square meter price consists of construction land costs of 373 BAM, construction and contractor profit amounting to 1.839 BAM, while 862 BAM refers to other costs, including VAT.

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