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Property prices in Šmihel pri Novem mestu (Novo mesto)

cadastral district in the municipality of Novo mesto

Šmihel pri Novem mestu lies in the municipality of Novo mesto. The transaction register has recorded 1,868 sales here since 2007, the latest on 18 May 2026. Over 2024–2026, 197 transactions were concluded on the open market. The median apartment price in Šmihel pri Novem mestu is €2,711/m², 3 % above the Slovenian median (€2,622/m²). The median apartment rent is €8.3/m² per month.

Apartments
2,711€/m²
median of 41 sales
+3 % vs municipality+3 % vs SI
Houses
no data
18 transactions, too few for a median
Building land
no data
45 transactions, too few for a median
Apartment rent
8.3€/m²/mo
median of 112 leases
−2 % vs municipality+6 % vs SI
Gross rental yield
3.7%
annual rent / purchase price
SI 3.6 %+0.1 pp

The median is the middle value: half the transactions closed below it and half above. Only open-market transactions are counted. The “vs SI” badge is the distance to the Slovenian median over the same period. The “vs municipality” badge is the distance to the median of the whole municipality.

Apartment prices in Šmihel pri Novem mestu (€/m²)

The median apartment price in Šmihel pri Novem mestu is €2,711/m², from 41 sales on the open market in 2024–2026. A 60 m² apartment at that price is worth roughly €163,000. Across the whole municipality of Novo mesto it is €2,625/m², so 3 % less. That is 3 % above the Slovenian median (€2,622/m²).

Apartment rents in Šmihel pri Novem mestu (€/m² per month)

The median apartment rent in Šmihel pri Novem mestu is €8.3/m² per month (112 leases in 2024–2026). For a 50 m² apartment that is roughly €417 a month, excluding utilities. The gross rental yield is 3.7 % a year: €8.3/m² a month means €100 of annual rent per square metre, against a median purchase price of €2,711/m². The figure is before tax, maintenance and vacant periods.

Prices by property type in Šmihel pri Novem mestu

All open-market transactions in 2024–2026. A median is printed once a group holds at least 5 transactions with a reliable price per square metre.

  • Apartments30 %60
  • Houses9 %18
  • Other building parts13 %26
  • Building land23 %45
  • Other land24 %48
CategoryTransactions€/m²
Apartments60€2,711/m²
Houses18€1,070/m²
Garages and parking17
Commercial premises1
Other building parts8
Building land45
Farmland6
Forest8
Other land34

Rented space

CategoryLeases€/m²/mo
Apartments112€8.3/m²
Houses4
Commercial premises1

Download this page's figures (CSV)

Apartment price trend in Šmihel pri Novem mestu 2007–2026

Chart: Apartment price trend in Šmihel pri Novem mestu 2007–2026Apartments: 2007 €1,405/m², 2025 €2,694/m². The same numbers are in the table below the chart.1,0001,5002,0002,5003,000Apartments
2007201020132016201920222026

Apartments: 2007 €1,405/m², 2025 €2,694/m². The same numbers are in the table below the chart.

Median price per square metre by the year the transaction was recorded, in Šmihel pri Novem mestu. A year is plotted once it holds at least 15 priced transactions.

Transactions: 2007 47, 2026 39, peak 264 in 2008.

Recorded open-market sales per year.
The same figures as a table
YearApartmentsHousesTransactions
2007€1,405/m²47
2008€1,648/m²264
2009€1,392/m²80
2010€1,540/m²148
2011€1,544/m²40
2012€1,443/m²51
201330
2014€1,106/m²70
2015€1,126/m²62
2016€1,082/m²54
2017€1,250/m²87
2018€1,410/m²86
2019€1,451/m²110
2020€1,500/m²111
2021€1,702/m²156
2022€2,129/m²67
2023€2,433/m²69
2024€2,651/m²75
2025€2,694/m²139
202639

Rent trend in Šmihel pri Novem mestu 2013–2026

Chart: Rent trend in Šmihel pri Novem mestu 2013–2026Apartments: 2013 €5.0/m², 2026 €8.7/m². The same numbers are in the table below the chart.4.06.08.010Apartments
2013201520172019202120232026

Apartments: 2013 €5.0/m², 2026 €8.7/m². The same numbers are in the table below the chart.

Median apartment rent in € per square metre per month, in Šmihel pri Novem mestu, by the year the lease was signed. The lease register fills in with a lag: the last two years hold fewer contracts because some are not yet filed.
The same figures as a table
Year€/m²/moLeases
2013€5.0/m²90
2014€4.8/m²71
2015€4.3/m²66
2016€5.0/m²56
2017€4.9/m²80
2018€4.9/m²122
2019€4.9/m²187
2020€4.2/m²249
2021€5.1/m²208
2022€5.2/m²246
2023€5.4/m²205
2024€6.1/m²171
2025€8.3/m²48
2026€8.7/m²33

Latest recorded sales in Šmihel pri Novem mestu

The last 12 recorded open-market sales with a price per square metre (2024–2026).

DateTypePlaceArea€/m²Price
13 Apr 2026ApartmentNovo mesto54.5 m²€2,844/m²€155,000
13 Apr 2026ApartmentNovo mesto34.6 m²€2,457/m²€85,000
11 Apr 2026Forestcad. Šmihel pri Novem mestu4,927 m²€5.1/m²€25,000
30 Mar 2026ApartmentNovo mesto28.1 m²€3,630/m²€102,000
27 Feb 2026Retail unitNovo mesto39.3 m²€1,018/m²€40,000
11 Feb 2026ApartmentNovo mesto22.7 m²€3,789/m²€86,000
9 Feb 2026ApartmentNovo mesto54.5 m²€3,110/m²€169,500
5 Feb 2026ApartmentNovo mesto53.5 m²€2,430/m²€130,000
1 Feb 2026ApartmentNovo mesto61.4 m²€2,199/m²€135,000
15 Jan 2026ApartmentNovo mesto28.1 m²€3,559/m²€100,000
13 Jan 2026ApartmentNovo mesto48.6 m²€3,045/m²€148,000
28 Dec 2025Farmlandcad. Šmihel pri Novem mestu301.0 m²€60/m²€18,060

Highest-priced sales

DateTypePlaceArea€/m²Price
21 Oct 2025HouseNovo mesto195.1 m²€1,691/m²€330,000
25 Nov 2025ApartmentNovo mesto88.8 m²€2,928/m²€260,000
29 Mar 2025HouseNovo mesto94.0 m²€2,426/m²€228,000
24 Jul 2025ApartmentNovo mesto72.1 m²€2,982/m²€215,000
4 Dec 2025ApartmentNovo mesto74.7 m²€2,811/m²€210,000

Latest leases

DateTypePlaceArea€/m²/moRent
27 Jul 2026ApartmentNovo mesto56.6 m²€8.0/m²€450
27 Jul 2026HouseNovo mesto77.3 m²€8.5/m²€655
24 Jun 2026ApartmentNovo mesto34.8 m²€10.6/m²€370
24 Jun 2026HouseNovo mesto53.8 m²€9.3/m²€500
24 Jun 2026ApartmentNovo mesto45.2 m²€9.1/m²€410
29 May 2026ApartmentNovo mesto46.1 m²€8.7/m²€400
29 May 2026ApartmentNovo mesto22.3 m²€15.7/m²€350
22 May 2026ApartmentNovo mesto65.7 m²€7.3/m²€480

A look at the place

Street View at the centre of gravity of the last two years of building sales. © Google The panorama loads only when you open it: until then this page sends nothing to Google.
Aerial view — Šmihel pri Novem mestu
Aerial imagery of the same point. © Esri, Maxar, Earthstar Geographics

Interactive map

Every transaction on this page is on the interactive map — with filters by year, price, floor area and property type, with parcel boundaries and building footprints.

Open the interactive mapAll municipalities and prices

The map has no separate filter for a cadastral district; it opens on the whole municipality of Novo mesto, where Šmihel pri Novem mestu is marked by its transactions.

Other districts in Novo mesto

Frequently asked questions

Is property in Šmihel pri Novem mestu more expensive than elsewhere in Novo mesto?

The median apartment price in Šmihel pri Novem mestu is €2,711/m², against €2,625/m² across the whole municipality of Novo mesto, so 3 % higher.

How do prices in Šmihel pri Novem mestu compare with the Slovenian average?

The median apartment price in Šmihel pri Novem mestu is €2,711/m² against a Slovenian median of €2,622/m² over the same period — 3 % higher.

How have prices in Šmihel pri Novem mestu moved over the years?

In 2007 the median apartment price was €1,405/m²; in 2025 it was €2,694/m² — 92 % more.

How many properties are sold in Šmihel pri Novem mestu each year?

In 2025, 139 sales were recorded on the open market; across 2007–2026 the register holds 1,868.

What is the cadastral district of Šmihel pri Novem mestu?

A cadastral district is the basic unit of the Slovenian real estate cadastre. Inside a city it lines up with a quarter or a neighbourhood, which is why Šmihel pri Novem mestu is also the area prices are quoted for within the municipality of Novo mesto.

Are these asking prices or achieved prices?

Achieved. The figures come from the Slovenian real estate transaction register (GURS), which every concluded transaction must be filed with; the method is described in the methodology.