New Construction in Belgrade
Belgrade is the center of the country and a hub for the largest and most prestigious new construction projects. The Statistical Office of the Republic of Serbia states that more than half of all construction works in the country are in Belgrade. New buildings are springing up all over the city, from the central city municipalities such as Stari grad, Vracar, and New Belgrade, to the municipalities that are a little further from the center, Vozdovac, Zvezdara, Savski venac, Palilula, Zemun. The price of apartments in new buildings is determined primarily by the location of the building and the degree of development of the building.
Sale of new build homes
According to City Expert, the sale of apartments in Belgrade's new developments last year exceeded the sale of flats in the old build by about 20%. The quality of construction and quality of life new apartments provide to residents, cannot be compared to the old build. New development in Belgrade follows modern world trends: it offers apartments in small buildings, apartments in smart buildings, residential and business complexes with commercial facilities, and condominiums as a new housing community. Renting apartments in new construction is also proving to be a lucrative investment for many.