Serbia - Europe's Hot Spot for the real estate sector
Among the leading FDI sectors in Serbia is the real estate sector. In the first half of 2019 alone, the value of the real estate market was € 1.8 billion, increased by 12 percent compared to the same period in 2018. Over the last three years, the volume of real estate sales has increased by about 30 percent, and the main reason lies in the fact that huge numbers of citizens and businesses are buying real estate as an investment.
In recent years, Serbia has become Europe's Hot Spot when it comes to the real estate market, which has helped to make the rules of the game in this segment. For the last 18 years, our company has been adapting to the real estate market, but has also tried to improve it. As the market expanded, we expanded the range of services we offer to our clients. We offer brokerage services in the sale and rental of various types of real estate, project management, investment consulting, consulting services, valuation of different types of real estate, facility management and marketing services. Our country is now a market that requires highly professional real estate services companies, but unfortunately there are still very few of them.
At this moment, it is very important for the joint action of the state and companies working in the real estate sector, in order to promote Serbia as a reliable market for further investments in this field. For this reason, but also with the desire to present our work to the foreign market, our company West Properties will participate in the upcoming Cannes Real Estate Fair - MIPIM 2020, which with around 30,000 participants and 6,000 investors represents the largest World's Fair in this field. In addition to the projects we will present to foreign buyers and investors, we will focus most of our activities on presenting Serbia as one of the most attractive parts of Europe worth investing in.
The text of our General Manager Vladimir Popovic was taken from the latest issue of Nedeljnik Magazin, February 2020.
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