Sales of both new and existing apartments in Shtip have dropped by approximately 30 percent this year. Dragan Karov, an employee at the Municipality of Shtip, told Faktor.mk that 207 purchase agreements have been concluded so far. However, the number of new building permits for residential structures in Shtip is on the rise; these properties are expected to be entered into the Cadastre system by 2027.
“Last year, more buildings were registered in the Cadastre, whereas this year there are more building permits. These buildings will be registered in the coming years, at which point we can expect an increase in the resale of apartments,” Karov told Faktor.mk.
He notes that apartment prices have increased by 10 percent this year compared to last year.
“The average price has risen by about 10 percent; both older and new apartments are selling at higher prices. Based on the files submitted to the municipality, the total value of apartment transactions stands at approximately EUR 13 million, with EUR 8 million accounted for by new apartments. The highest price recorded in an agreement is around EUR 1,500 per square meter for a new apartment,” Karov added.
Analyzes by the municipality show that 315 apartments were sold in 2025, while 207 purchase agreements have been concluded this year; furthermore, new building permits indicate that by 2027, there will be a wider selection of new apartments, both in the city center and throughout the various neighborhoods of Shtip.