realty.mk
Back to blog
Article

A guide to investing in Centar, Skopje

What to look for when buying in central Skopje — a street-by-street analysis of yield, upside and risk.

Apr 21, 20262 min readinvestment-guide · centar · yield

Buying in Centar isn't simply a property purchase — it's a strategic decision involving every variable from street depth to foot-traffic growth. In this analysis we walk through it street by street — starting at Bulevar Makedonija, then the quiet passage behind the theatre, and ending at the streets around Studentski Square. Prices range from €2,000 to €2,800 per square metre, with the highest figures struck in buildings with elevator and private parking. Expected annual gross rental yield ranges 5.2–6.1 percent, well above the regional average. Two notable risks remain: the restoration of the older building stock, and the city's parking policy, which capped permitted spots in 2025.

Tags#investment-guide#centar#yield