Belgrade
Belgrade is the nerve center and the largest city in Serbia. The city is located between the River Danube and Sava. The stretch of the town extends up to where the Balkans and Pannonian Plain converges. Belgrade when translated would literally mean white sound.
Population
The urban location hosts about 1.2 million people while the metropolitan region hosts above 1.7 million people. This makes it among the most highly populated urban cities located in the Southeastern Europe.
History
Belgrade is a city that has passed from one administration to another. It has undergone complete destruction 44 times in 115 wars that have taken place in the city. The town is held as the birthplace of the pre-historic Europe. The city has also served as the administration of Yugoslavia from 1918-2003.
Belgrade is administered by an independent government and a unique administrative position in Serbia Territorial organization. The town is divided into 17 municipalities and each have a local council. 15% of Serbia lives in the urban region.
Investment in Belgrade
The Belgrade is the leading economically developed town in Serbia. The town is a home to the National Bank and several development institutions such as: Telenor Serbia, Jat Airways, Unilever and Belgrade stock exchange just to mention a few. With so many employees working and residing in the area, real estate investment is highly booming business.
In the late 90s, Belgrade was heavily bombed in the late 90s by NATO in the course of Kosovo war led to destruction of several structures. Hospitals, media houses and other important structures were greatly devastated. The real estate industry is booming as the economy is taking shape in the town.
Suitable real estate locations
Pan-European corridors of No. 7 and 10 are some of to best places to invest in. The city’s educational, political, tourist, commercial, cultural and industrial purposes attract a large population which require housing. This makes houses in the CBD higher in cost than other parts. The farther you get away from the heart of the city, the lower the cost of the land and housing in general.
Average investment returns
Recently, Belgrade has managed to overcome inflation hence the income generated by real estate has stabilized. The rents have also been lowered with the affordability of commodities which. The amount of income generated from profits has also been enhanced by the by the reduced tax profits charged. The macro-economic stability guarantees investors of security and stable income.
Local News
Belgrade family receiving help after narrowly escaping blaze - The Bozeman Daily Chronicle
Published 04:58, 22nd February GMT
Balkans Lurch From Killer Blizzards to Icy Floods - ABC News
Published 16:39, 22nd February GMT
Serbia to set up first shelter for gays, lesbians facing violence in Balkan ... - Washington Post
Published 10:58, 22nd February GMT
Politika, Serbia: Belgrade-Pristina dialogue to be resumed today - Focus News
Published 09:40, 22nd February GMT
Belgrade man files to run against Sheriff Gootkin - Belgrade News
Published 17:08, 21st February GMT
Serbian Cup final: Partizan Belgrade domination continues - BallinEurope
Published 10:07, 21st February GMT
Resumption of Belgrade-Pristina dialogue Tuesday - EMportal
Published 03:45, 21st February GMT
Regional conference on rural tourism to be held in Belgrade - EMportal
Published 08:04, 22nd February GMT
- retrieved via Google News