Belgrade residential market preserves the strong demand, mostly within the projects reflecting good location price quality balance. Since the situation on the residential market has been booming in the previous period, the end-users have become more sophisticated than ever, knowing precisely what they are looking for, from apartment structures to a choice of finishing works, from aesthetic design and attention to details,
to additional features. Solid demand for residential units continues, since in the first half of 2018, more than 8,000 units were sold in Belgrade. As usual, Zvezdara municipality keeps marking the highest figures,
followed by Vozdovac and New Belgrade municipalities.
International investors have introduced not just quality-wise new benchmarks of living, but have introduced architecturally speaking new concepts of living, which presume condominiums that combine living and working with special amenities.
The construction sector is expected to continue to flourish. 4,962 building permits were issued in the period January-April 2018, representing an increase of 11%, as compared to the corresponding period in 2017. The number of constructed residential units grew by app. 40% in 2017, when 4,478 units were delivered to Belgrade residential market.