[REVISION HISTORY]

North Macedonia tourism and real estate boom

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2026-07-31 16:16 UTC → 2026-07-31 20:45 UTC · added ~~removed~~

In late July 2026 North Macedonia reported a sharp rise in visitor numbers. Airport traffic at Skopje and Ohrid grew 28% year‑on‑year, and foreign tourist arrivals jumped 40%, which the government linked to recent tourism‑promotion measures and pledged further investment in airline routes and infrastructure. A few days later, the surge in tourism was reflected in the domestic property market. The Q2 real‑estate report showed a 27% increase in market value to €351.7 million, with record prices for new apartments in Skopje and older units in Ohrid. Transaction volumes rose across apartments, houses and land, while commercial‑space values fell and industrial‑object values nearly doubled. The data suggest that the influx of tourists is driving heightened demand for housing and related assets, fueling a broader economic upswing. ~~Overall,~~ Further data from the ~~snapshots trace~~ Registry of Prices and Rents confirm the momentum: 8,369 sales and rentals were recorded between 1 April and 30 June, a ~~rapid transition~~ 7.9% rise over the first quarter. The market’s total financial value reached €351.7 million, up 27.3% from Q1, with 977 investor‑driven sales, including 943 new‑build apartments—a 32% increase. The Cadastre Agency logged 28,352 pre‑registration sheets for construction projects, indicating a ~~tourism‑driven passenger surge~~ robust pipeline of new supply that is likely to ~~a corresponding boom in~~ sustain the real‑estate ~~activity within a single week.~~ boom linked to the tourism surge.

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