Why Invest In Serbia now?

• The Serbian real estate market as of 2010 is a buyers market where smart investors are buying early with a plan to resell at a great profit within a few years to regular investors.

• Massive population increase in Belgrade:  As of august 2, 2008, Belgrade's institute for informatics and statistics has registered 1,542,773 eligible voters, which confirms that Belgrade's population has risen dramatically since the 2002 census, as the number of registered voters has almost surpassed the entire population of the city six years before. The number of registered citizens is 1,710,000. 

• You will snatch real estate opportunities before their value becomes common knowledge. This is the European up-and-coming market with the greatest profit potential at the moment

• Now is the right time as the geopolitical situation of the country is stable and Serbia is now officially a candidate country for EU accession. All together Serbia is making good progress and will finish EU reforms by 2012 and expects to enter the EU by 2015. The government is pro-active in enticing and supporting foreign investment.

• There is a well defined master plan for urban development, with clear build guidelines such as build density and number of floors / maximum build height.

• The demand far outweighs the offer: Serbia needs about 200.000 apartments, and about 500.000 m2 of commercial space.

• There is a major ongoing upgrade of infrastructure in the country. The new Belgrade Ring road, 2 new bridges, and a LRT system are being built which will revolutionize Belgrade and open up the city.
  

• There is a highly competitive mortgage market with numerous foreign banks operating in Serbia .The 100% mortgage for the local market has just been launched.

• The Serbian government is pro-active in enticing and supporting foreign investment.
  

• For the third year running, OECD has named Serbia the biggest Greenfield destination in South East Europe.

• The total value of the international real estate projects in 2005 amounted to $181 million, and in 2006 to $220 million.

• Absolutely open and unsaturated market.

• Serbia has only two modern shopping malls.

• There are almost no modern logistic centers.

• There is only one 5 star hotel.

• The rate of profit on the invested capital is the biggest in the region.

• Strategic geographic position.

• As of year 2000, the economic growth rate has constantly been over 5%.

• The consistent fiscal policy has kept inflation under 6%.

• Although the unemployment rate is still relatively high (about 20%), it declines each year.

• The average net income in Serbia increased by 13% in 2007, while in Belgrade it increased by 35% compared to previous year.
• About 1.5 billion € of direct foreign investments.

Belgrade skyline in 2010. Imagine 10 years from now...

Serbia is on the way to European Union integration

The Belgrade Masterplan until 2021 (Click to Enlarge)

The Belgrade Ring Road (currently under construction)