What does owning a home in North Macedonia cost each year?
Enter the home's value, size and how you will use it to see the yearly taxes and running costs. Every rate comes from our reviewed country data.
Your yearly costs
Property value (EUR): €200,000 · Usable area (m²): 70 · Second home, not let
- Property tax: €200 – €400 Set by the municipality between 0.10% and 0.20% of market value.
- Building fees: Varies Apartments in complexes with a pool, lifts or security pay monthly maintenance; ask for last year's figures before you buy.
- Insurance: Varies Not mandatory in most places, but sensible on the coast and in earthquake zones; get a quote.
Yearly total: €200 – €400 · About €17 – €33 a month
Lines marked "varies" are not in the total.
An estimate from published rates, not tax advice. Local rates, double taxation treaties and your own situation can change the figures; confirm with a local accountant.
Homes for sale in North Macedonia · Read the full North Macedonia buying guide · Buying costs in North Macedonia · Compare another country
Questions about owning a home in North Macedonia
How much is property tax in North Macedonia?
0.10–0.20% of market value, set by the municipality.
How is rental income taxed?
10% after a 25% standard deduction.