NEW BELGRADE – A PARADISE FOR RESIDENTIAL REAL ESTATE INVESTORS
NEW BELGRADE – A PARADISE FOR RESIDENTIAL REAL ESTATE INVESTORS

Summary/Abstract: The real estate market in Serbia has shown exceptional resistance to the coronavirus pandemic. At the same time, this is an extremely dynamic market, and the current period is characterized by a boom in new construction in the residential market, strong construction activity, increased supply of luxury construction, and extremely strong customer demand for this category of real estate despite unprecedentedly high prices per square meter. As such, this market deserves attention and there is a need to research this phenomenon. The subject of this paper is the analysis of New Belgrade, the most populous and also one of the smallest municipalities in the capital of Serbia, with an emphasis on the construction of the residential real estate. In this paper, we will try to answer the question of why this municipality is the choice of foreign and domestic investors to invest in the projects and construction of luxury residential real estate, and also why the real estate built in this location is so sought after among buyers despite its high price.

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