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Housing in Macedonia
 
 
 

General

The most popular, and the only real area for the expatriate community is Skopje. Vadno and the city center are the most popular districts of Skopje.

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 €700 for a small, Western-standard renovated apartment to €10,000 for a home with servants and an indoor swimming pool. The local currency is the Macedonian Denar (MKD).

Buying a Property

Foreigners cannot buy land in Macedonia. Foreign companies, however, can lease land for up to 99 years. Foreign individuals can freely buy apartments and buildings subject to the reciprocity rule and approval from the Ministry of Justice.

The buyer must first secure a non-encumbrance certificate for the property from the First Instance Court. Concurrently, the seller should secure a copy of the Title Deed, as well as registration of real property from the Department of Cadastre. A lawyer then prepares a sale contract, as Macedonian Law stipulates that only lawyers can draw up sale contracts. The sale agreement is then delivered to the Public Revenue Authority for payment of sales tax on real estate. Pursuant to paying taxes, the sale agreement is then verified by a notary public, who is tasked to notify the Department of Cadastre about the change of ownership. A lawyer, or the buyer himself, would then apply for registration into the Cadastral Office for a new deed title. Registration and request for a new Title deed could take as much as 60 days.

It takes an average of 74 days to complete the six procedures needed to register a property in Macedonia.

Renting a Property

There is no rent control in Macedonia; rent is determined by the market. According to the law, the rent, unless otherwise stated in the contract or commonly practiced in the locality of the property, should be paid every six months for lease periods of over one year. For shorter lease periods, rent should be paid after the expiration of the contract. Common practice, however, is that rent is paid every month for long lease agreements.

The contract must clearly indicate the rent, the type of rental payment (whether in cash or in kind), as well as the payment schedule.

 

 
 


 



 


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