Authored by the expert who managed and guided the team behind the Serbia Property Pack
Yes, the analysis of Belgrade's property market is included in our pack
If you are thinking about running an Airbnb in Belgrade, you are probably wondering whether it is legal, how much you can realistically earn, and what makes the Serbian capital different from other European cities.
This article covers the legal framework, actual revenue data, neighborhood-level insights, and the specific factors that drive short-term rental demand in Belgrade as of early 2026.
We update this blog post regularly to keep the numbers fresh and relevant for anyone considering this investment.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Belgrade.
Insights
- Belgrade Airbnb listings in 2026 earn roughly 1,000 euros per month on average, but top performers in Stari Grad and Savski Venac can exceed 1,700 euros during peak months like December and August.
- One-bedroom apartments dominate Belgrade's short-term rental market, accounting for the largest share of bookings, which reflects the city's appeal to couples and solo travelers rather than large groups.
- New Year's Eve is the single biggest demand spike for Belgrade Airbnbs, often pushing nightly rates 40% to 60% higher than normal winter pricing because of the city's reputation as a top European party destination.
- Air conditioning is nearly universal in Belgrade listings at around 95%, and guests actively filter for it because summer temperatures can reach 35 degrees Celsius or more.
- Belgrade does not impose a maximum nights-per-year cap like Amsterdam or Vienna, making it more flexible for investors who want to operate year-round without hitting regulatory limits.
- The price gap between the most expensive neighborhoods like Belgrade Waterfront and affordable outer areas like Vozdovac can reach 50 euros per night, which is significant for hosts choosing where to invest.
- Foreign tourists accounted for roughly half of all overnight stays in Belgrade during the first half of 2025, with Turkey, China, and Russia sending the most visitors.
- Top-performing Airbnb hosts in Belgrade achieve occupancy rates around 65% to 70%, which is 10 to 15 percentage points higher than average hosts who typically hover near 55%.
Can I legally run an Airbnb in Belgrade in 2026?
Is short-term renting allowed in Belgrade in 2026?
As of the first half of 2026, short-term renting is allowed in Belgrade, but you need to follow a formal registration and categorisation process to operate legally.
The main legal framework comes from Serbia's tourism laws and the City of Belgrade's categorisation requirements, which apply to apartments, houses, and rooms used for hosting tourists.
The single most important condition is that you must register your accommodation with the City of Belgrade and complete the eTurista guest registration process for every guest who stays with you.
If you skip this process and operate without categorisation, you risk fines and administrative penalties, though enforcement varies depending on the municipality and how visible your listing is.
For a more general view, you can read our article detailing what exactly foreigners can own and buy in Serbia.
If you are an American, you might want to read our blog article detailing the property rights of US citizens in Serbia.
Are there minimum-stay rules and maximum nights-per-year caps for Airbnbs in Belgrade as of 2026?
As of the first half of 2026, Belgrade does not impose a minimum-stay requirement or a maximum nights-per-year cap like cities such as Amsterdam or Vienna do.
These rules do not vary by property type or residency status, meaning you can legally rent out your Belgrade apartment or house for short stays throughout the entire year without hitting a regulatory ceiling.
Because there is no cap to track, hosts do not need to count rental nights for compliance purposes, though you still need to register each guest through the eTurista system as part of standard operations.
Do I have to live there, or can I Airbnb a secondary home in Belgrade right now?
You do not have to live in the property to legally operate a short-term rental in Belgrade, which makes it attractive for investors who own secondary homes or investment properties.
Owners of secondary homes and investment properties can apply for categorisation and operate legally, as long as they follow the same registration process as any other host.
There are no additional permits specifically required for non-primary residence rentals, though you still need to complete the standard categorisation and eTurista registration steps.
In practice, Belgrade treats primary and secondary residences the same way for short-term rental purposes, with no separate rules or restrictions based on whether you live there.
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Can I run multiple Airbnbs under one name in Belgrade right now?
Yes, you can legally operate multiple Airbnb listings under one name in Belgrade, and many property managers already do this at scale.
There is no maximum number of properties that one person or entity can list for short-term rental in Belgrade, which is why you see professional managers with dozens of listings in the market.
The main requirement is that each property must go through the categorisation process separately, so you need to register and comply with standards for every unit you operate.
Do I need a short-term rental license or a business registration to host in Belgrade as of 2026?
As of the first half of 2026, you need categorisation approval from the City of Belgrade plus registration in the eTurista system, though whether you need a formal business registration depends on how you choose to operate.
The categorisation process involves submitting an application to the City of Belgrade with documentation about your property, and approval typically takes a few weeks depending on the municipality.
You generally need to provide proof of ownership or authorization to use the property, evidence that the accommodation meets minimum technical and sanitary standards, and your personal identification documents.
The costs for categorisation are relatively low compared to Western European cities, and there is no annual renewal fee structure like you see in places such as Amsterdam or Barcelona.
Are there neighborhood bans or restricted zones for Airbnb in Belgrade as of 2026?
As of the first half of 2026, Belgrade does not have a citywide map of banned neighborhoods or restricted zones for short-term rentals like you find in some other European capitals.
However, practical restrictions exist at the building level, particularly in older central buildings in Stari Grad, Dorcol, and Vracar where neighbor friction, building rules, or noise concerns can make hosting difficult.
The main reasons for micro-level restrictions are building management decisions and neighbor complaints rather than city-imposed zoning, so your ability to host depends largely on your specific building's rules and tolerance for guest traffic.
We made this infographic to show you how property prices in Serbia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
How much can an Airbnb earn in Belgrade in 2026?
What's the average and median nightly price on Airbnb in Belgrade in 2026?
As of the first half of 2026, the average nightly price for an Airbnb in Belgrade is approximately 65 euros (around 70 US dollars or 7,600 Serbian dinars), while the median sits closer to 58 euros (about 63 US dollars or 6,800 dinars).
The typical nightly price range covering roughly 80% of listings in Belgrade falls between 40 and 100 euros (43 to 108 US dollars), with most apartments clustering in the 50 to 75 euro band.
Location is the single biggest factor affecting nightly pricing in Belgrade, with properties in Stari Grad or Belgrade Waterfront commanding 30% to 50% premiums over listings in outer municipalities like Vozdovac or Rakovica.
By the way, you will find much more detailed profitability rent ranges in our property pack covering the real estate market in Belgrade.
How much do nightly prices vary by neighborhood in Belgrade in 2026?
As of the first half of 2026, the gap between the most expensive and most affordable Belgrade neighborhoods can reach 50 to 60 euros per night, with Savski Venac and Belgrade Waterfront at the top end around 75 to 120 euros and outer areas like Rakovica and Vozdovac at the bottom around 40 to 65 euros.
The three neighborhoods with the highest average nightly prices in Belgrade are Belgrade Waterfront and Savski Venac (75 to 120 euros or 81 to 130 US dollars), Stari Grad including Dorcol and Skadarlija (70 to 110 euros or 76 to 119 US dollars), and central Vracar near the Temple of Saint Sava (60 to 95 euros or 65 to 103 US dollars).
The three neighborhoods with the lowest average nightly prices are Rakovica (40 to 60 euros or 43 to 65 US dollars), outer Vozdovac (40 to 65 euros or 43 to 70 US dollars), and outer Palilula (45 to 65 euros or 49 to 70 US dollars), though guests still book in these areas because they offer better value for budget-conscious travelers and longer stays.
What's the typical occupancy rate in Belgrade in 2026?
As of the first half of 2026, the typical occupancy rate for an Airbnb listing in Belgrade is around 55%, which means a well-set-up property can expect to be booked for roughly 16 to 17 nights per month on average.
The realistic occupancy range covering most listings in Belgrade falls between 45% and 65%, depending on location, pricing strategy, review quality, and how actively the host manages their calendar.
Belgrade's occupancy rates are competitive with other mid-tier European capitals and generally higher than many Serbian regional destinations, thanks to the city's year-round appeal for city breaks, business travel, and nightlife tourism.
The single biggest factor for achieving above-average occupancy in Belgrade is having a central location with strong reviews, because guests heavily filter by walkability to attractions and social proof from previous visitors.
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What's the average monthly revenue per listing in Belgrade in 2026?
As of the first half of 2026, the average monthly revenue per Airbnb listing in Belgrade is approximately 1,000 euros (around 1,080 US dollars or 117,000 Serbian dinars) for a typical entire-place residential unit.
The realistic monthly revenue range covering roughly 80% of listings falls between 650 and 1,500 euros (700 to 1,620 US dollars), with the wide spread reflecting differences in location, property size, and host quality.
Top-performing Airbnb listings in Belgrade can achieve monthly revenues of 1,500 to 2,000 euros or more, especially larger apartments in prime central locations during peak season; a well-optimized 2-bedroom in Stari Grad at 80 euros per night and 65% occupancy would generate around 1,560 euros monthly.
Finally, note that we give here all the information you need to buy and rent out a property in Belgrade.
What's the typical low-season vs high-season monthly revenue in Belgrade in 2026?
As of the first half of 2026, typical monthly revenue during low season in Belgrade ranges from 650 to 850 euros (700 to 920 US dollars), while high season can push revenues to 1,250 to 1,750 euros (1,350 to 1,890 US dollars) for well-positioned listings.
Low season in Belgrade runs from late January through February and into early March, while high season includes the summer months of June through August plus the December and New Year period, which is uniquely strong because Belgrade is a major regional destination for New Year's Eve celebrations.
What's a realistic Airbnb monthly expense range in Belgrade in 2026?
As of the first half of 2026, a realistic monthly expense range for operating an Airbnb in Belgrade is 350 to 650 euros (380 to 700 US dollars) for apartments and condo-style units, and 550 to 1,050 euros (595 to 1,135 US dollars) for larger houses with more complex maintenance needs.
Cleaning and laundry typically represent the largest share of monthly costs in Belgrade, often running 150 to 300 euros per month depending on occupancy, followed by utilities and internet at around 80 to 150 euros.
Hosts in Belgrade should expect to spend roughly 35% to 50% of gross revenue on operating expenses, though this percentage drops as revenue increases because many costs like internet and basic utilities are fixed.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Belgrade.
What's realistic monthly net profit and profit per available night for Airbnb in Belgrade in 2026?
As of the first half of 2026, a realistic monthly net profit for an Airbnb in Belgrade ranges from 400 to 650 euros (430 to 700 US dollars), which translates to roughly 13 to 22 euros (14 to 24 US dollars) profit per available night.
The realistic monthly net profit range covering most listings falls between 300 and 800 euros, with the wide spread reflecting differences in location quality, pricing optimization, and how efficiently hosts manage expenses.
Most Belgrade Airbnb hosts achieve net profit margins of 35% to 50% of gross revenue, though top performers with lower expenses and higher occupancy can push toward 55% or more.
The break-even occupancy rate for a typical Belgrade Airbnb listing is around 30% to 35%, meaning you need roughly 9 to 11 booked nights per month just to cover operating expenses before generating any profit.
In our property pack covering the real estate market in Belgrade, we explain the best strategies to improve your cashflows.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Serbia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
How competitive is Airbnb in Belgrade as of 2026?
How many active Airbnb listings are in Belgrade as of 2026?
As of the first half of 2026, there are approximately 6,500 active Airbnb and short-term rental listings in Belgrade, making it a moderately competitive market that is still growing but not yet oversaturated.
This number has increased compared to previous years, continuing a steady upward trend that has seen Belgrade's short-term rental supply roughly double over the past five years, though growth has moderated as the market matures.
Which neighborhoods are most saturated in Belgrade as of 2026?
As of the first half of 2026, the most saturated neighborhoods for Airbnb in Belgrade are Stari Grad (including Dorcol and Skadarlija), Vracar (especially near the Temple of Saint Sava), Savski Venac (including Belgrade Waterfront edges), and Novi Beograd's central business blocks.
These neighborhoods became saturated because they combine walkability to major attractions, strong nightlife access, and the kind of historic or modern appeal that photographs well for listings, which attracts both tourists and hosts to the same areas.
Relatively undersaturated neighborhoods that may offer better opportunities for new hosts include Zemun (with its distinct Austro-Hungarian character and riverside charm), parts of Cukarica near the Ada Ciganlija lake area, and well-connected pockets of Palilula that are close to transit but less tourist-focused.
What local events spike demand in Belgrade in 2026?
As of the first half of 2026, the main local events that spike Airbnb demand in Belgrade are New Year's Eve and Orthodox New Year celebrations (late December through mid-January), Belgrade Beer Fest (late summer), the Belgrade Marathon (spring), and major concerts at the Stark Arena plus EuroLeague basketball games throughout the year.
During these peak events, bookings can increase by 30% to 50% and nightly rates often rise by 40% to 60% compared to normal periods, with New Year's Eve being the single strongest demand driver due to Belgrade's reputation as one of Europe's best party destinations.
Hosts should typically adjust their pricing and availability at least 4 to 6 weeks before major events, though for New Year's Eve specifically, smart hosts start adjusting rates as early as October because demand builds steadily through the fall.
What occupancy differences exist between top and average hosts in Belgrade in 2026?
As of the first half of 2026, top-performing Airbnb hosts in Belgrade achieve occupancy rates of around 65% to 70%, which reflects strong photography, fast response times, dynamic pricing, and prime central locations.
This compares to average hosts who typically achieve around 55% occupancy, meaning the gap between top and average performers is roughly 10 to 15 percentage points, which translates to 3 to 5 extra booked nights per month.
New hosts in Belgrade typically need 6 to 12 months of consistent hosting to build up the reviews, Superhost status, and pricing intuition needed to reach top-performer occupancy levels, assuming they actively optimize their listing.
We give more details about the different Airbnb strategies to adopt in our property pack covering the real estate market in Belgrade.
Which price points are most crowded, and where's the "white space" for new hosts in Belgrade right now?
The nightly price range with the highest concentration of listings in Belgrade is 45 to 80 euros (roughly 49 to 86 US dollars or 5,300 to 9,400 Serbian dinars), which is where most studio and one-bedroom apartments in central-ish locations cluster.
The most crowded price points are in this "good value central apartment" band, while white space opportunities exist at the premium end above 100 euros for well-designed 2 to 3 bedroom units and in the business-ready segment around 70 to 90 euros for Novi Beograd apartments with proper workspaces and fast internet.
To successfully compete in underserved price segments in Belgrade, a new host would need properties with genuine differentiators like premium soundproofing, dedicated parking, pet-friendly policies with proper cleaning, or elevator access in older buildings where most units lack it.
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What property works best for Airbnb demand in Belgrade right now?
What bedroom count gets the most bookings in Belgrade as of 2026?
As of the first half of 2026, one-bedroom apartments get the most bookings in Belgrade, followed by studios, with two-bedroom units a distant third and three-plus bedroom properties capturing a smaller niche.
The estimated booking rate breakdown by bedroom count shows one-bedrooms dominating at roughly 45% to 50% of all bookings, studios at around 25% to 30%, two-bedrooms at 15% to 20%, and three-plus bedrooms capturing the remaining 5% to 10%.
One-bedroom apartments perform best in Belgrade because the city's tourism profile is heavily weighted toward couples, solo travelers, and short city-break visitors rather than large family groups or extended friend reunions.
What property type performs best in Belgrade in 2026?
As of the first half of 2026, entire apartments and condo-style units in central locations perform best for Airbnb in Belgrade, particularly well-maintained one-bedroom and two-bedroom units in walkable neighborhoods like Stari Grad, Vracar, and Savski Venac.
Occupancy rates across property types show entire apartments achieving roughly 55% to 60% on average, while houses and villa-style properties can hit similar or slightly higher occupancy when positioned for groups but require more operational effort and maintenance.
Apartments outperform other property types in Belgrade because the city's urban fabric favors compact, centrally located units that match the typical guest profile of couples and solo travelers looking for walkable access to cafes, restaurants, and nightlife.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Belgrade, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| City of Belgrade Tourism Service | This is the official City of Belgrade page describing what owners must do to legally host tourists. | We used it to confirm the legal pathway for renting homes to tourists in Belgrade. We also used it to document eTurista onboarding requirements mentioned by the city. |
| Serbia eTurista Official FAQ | This is the official public portal for Serbia's central guest-registration system used by all hosts. | We used it to ground the guest registration and compliance workflow hosts need to follow. We also use it as the anchor source whenever we reference eTurista obligations. |
| Ministry of Tourism Serbia By-Laws | This is the tourism ministry's official index of the detailed rules that implement Serbia's tourism law. | We used it to locate the technical and sanitary minimum requirements for home-based accommodation. We also used it to understand what categorisation practically means for residential homes. |
| AirDNA MarketMinder Belgrade | AirDNA is a widely used, methodology-driven STR analytics provider used by institutional and individual investors globally. | We used it as the primary quantitative base for ADR, occupancy, RevPAR, listing count, bedroom mix, and amenities in Belgrade. We then translated those metrics into simple monthly euro estimates for non-professional owners. |
| Airbtics Belgrade Data | Airbtics is a recognized STR data vendor used as a second opinion against AirDNA numbers. | We used it to triangulate Belgrade occupancy, ADR, annual revenue, and active listing counts since vendors can diverge on definitions. We then chose confident middle estimates consistent with both sources. |
| Airbnb Neighborhood Pages | This is the platform's own inventory page giving direct signals about neighborhood-level supply and starting prices. | We used it to confirm that real named neighborhoods like Vracar have large existing supply and visible price floors. We only used this for context, not for marketwide averages. |
| Statistical Office of Serbia Tourism | This is Serbia's national statistics agency, making it the default source for tourism demand signals. | We used it to ground the demand context heading into 2026 with recent monthly releases and direction of arrivals and overnights. We treat this as the macro demand reality check for STR occupancy expectations. |
| SORS Tourist Turnover Release | This is an official Statistical Office publication with consistent definitions and reporting format. | We used it to back up statements about recent year-over-year tourism movement and to keep seasonality claims aligned with official reporting. We use it as a methodological anchor, not a neighborhood predictor. |
| Republic Geodetic Authority Price Index | RGZ is Serbia's official authority for property registers and publishes official price indices based on actual transactions. | We used it to anchor what is happening with housing prices through Q3 2025, which is the closest official index point before January 2026. We use that trend to keep profitability math realistic relative to acquisition costs. |
| Paragraf Lex Residence Tax | Paragraf is a well-known Serbian legal publisher that typically quotes underlying municipal acts. | We used it to pin down a workable residence-tax amount for Belgrade used in host expense math. We treat it as a legal reference and triangulate it rather than relying on it alone. |
| National Bank of Serbia | This is Serbia's central bank and the authoritative reference for exchange-rate context and key rates. | We used it to keep currency conversions and euro versus dinar framing sensible for a January 2026 reader. We also use it as macro context when explaining why costs and pricing can drift. |
| UN Tourism World Tourism Barometer | This is the UN body for global tourism stats, useful for understanding worldwide travel patterns. | We used it to contextualize Belgrade demand within the broader post-pandemic recovery pattern. We keep this lightweight and use it only to support general tourism tailwinds. |
| Serbia Legal Information System | This is the Serbian government's official legal database for regulations published in Sluzbeni glasnik RS. | We used it to support statements about minimum technical and sanitary conditions for providing accommodation in home-based hospitality. We treated this as primary-law evidence, not commentary. |
| bne IntelliNews Serbia Tourism | This is a respected business news source covering Central and Eastern European markets with reliable data reporting. | We used it to verify 2025 tourism growth trends including the 16% increase in foreign arrivals in early 2025. We cross-referenced this with official statistical releases for consistency. |
| Balkan Travel Magazine | This is a specialized tourism publication covering Serbia and the Balkans with regular statistical updates. | We used it to understand destination preferences and overnight stay patterns in Serbia during 2025. We treated it as a secondary source to complement official statistics. |
| Belgrade New Year Events Portal | This is a dedicated events platform for New Year celebrations in Belgrade with comprehensive venue listings. | We used it to understand the scale and variety of New Year's Eve events that drive peak demand. We also used it to verify Belgrade's reputation as a major regional NYE destination. |
| Belgrade Waterfront Events | This is the official website for Belgrade's largest urban development project with its own event programming. | We used it to document specific New Year's Eve 2026 events and understand demand drivers in this premium neighborhood. We also used it to verify the area's prominence for tourism. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Serbia. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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