Macedonia Info
Joined: 20 Apr 2007
Posts: 14
Home Country: macadonia
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 Posted: Fri May 11, 2007 5:08 am Post subject: HOUSING IN MACEDONIA / MACEDONIA HOUSING GUIDE |
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HOUSING IN MACEDONIA
General
During the years of the former Yugoslav SFR, there was a chronic shortage of housing in Macedonia and the other republics. Since independence, the ability to find an available apartment or condominium has improved. Federal banks have begun loan programs making it now possible to finance the construction of seasonal homes in the country or by resort areas. In the 1994 census, there were about 580,342 dwellings supporting about 501,963 households. There was an average of 3.85 people per household.
Expat areas
The most popular, and the only real area for the expatriate community is Skopje. Vadno and the city centre are the most popular districts of Skopje.
Housing
The availability of housing depends again on the region. An expatriate may choose to live in an apartment in Skopje or in a house in the suburbs. Most expatriates rent houses or apartments; buying is not a popular option.
Cost of housing
Varies from area to area. Size, location, and standard of renovation affect the monthly rental price. An expatriate can expect to pay from EURO 500 for a small, Western-standard renovated apartment to EURO 10.000 for a home with servants and an indoor swimming pool. The local currency is the Macedonian Denar (MKD). |
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