When greenfield investment is considered, the purchasing land prices range from 1 Euro/m2 in rural areas up to 1000 Euro/m2 when purchased from private owners, depending on location and type of investment. In case of municipality or state ownership of the land, the bidding price starts from 1Eur/m2. The investor must pay fees for connection to the communal infrastructure and water supply.
Table 11. Cost for preparation of construction land / expressed in Eur/м2
Municipality | Zone | Residential building | Commercial building |
City of Skopje | 1 (Centar, Karposh, part of Kisela Voda, part of Aerodrom) | 129 | 153 |
2 (part of K. Voda, part of Aerodrom, part of Gazi Baba, part of Chair) | 113 | 137 | |
3 (part of Gazi Baba, part of Cair) | 100 | 113 | |
4 (part of G.Petrov, Shuto Orizari, part of Butel) | 93 | 97 | |
Butel | suburban | 2,5 | 10 |
Gjorce Petrov | suburban | 10 | 15 |
Saraj | 1 Raovikj, Panicar | 0 | 0 |
2 Bojane, Kopanica, Semeniste, Bukovikj, Gorna Matka, Dorce, Gorno Svilare | 5 | 8 | |
3 Sisevo, Glumovo, Krusopek, Grcec, Rasce, Radusa, Dolno Svilare | 8 | 11 | |
4 Saraj, Ljubin, Kondovo | 10 | 15,5 |
*Source: Agency for foreign investments and export promotion.
Costs for commercial space lease in Skopje range from 10 euro to 12 euro per m2 per month, depending on the type of the building and the location of the venue.
Table 12 Cost of premises in the City of Skopje
Purpose/Municipality (prices in EUR/m2) | Karpos | Centar | Aerodrom | Kisela Voda |
Housing | 97.6 | 97.6 | 65 | 65 |
Residential space | 130.08 | 130.08 | 55.28 | 55.28 |
Commercial and business centers | 97.6 | 90 | 81.3 | 73.2 |
Production facilities / halls | 1 | 1 | 1 | 1 |
Public buildings | 22.8 | 22.8 | 19.5 | 19.5 |
Sport and recreation | 71.54 | 71.54 | 24.70 | 20.80 |
Infrastructural buildings | 71.54 | 71.54 | 52 | 42.28 |