Property for sale in Bosnia and Herzegovina

Is the capital city and largest urban center of Bosnia and Herzegovina, with a population of 304,065 people in the four municipalities that make up the city proper, and an estimated urban area population of 419,030 people in the Sarajevo Canton as of June 2007. It is also the capital of the Federation of Bosnia and Herzegovina entity, as well as the center of the Sarajevo Canton. Get more information on property for sale in Sarajevo

Is a country on the Balkan peninsula of Southern Europe with an area of 51,129 square kilometers. Formerly one of the six federal units constituting the Socialist Federal Republic of Yugoslavia, Bosnia and Herzegovina gained its independence during the Yugoslav wars of the 1990s. Bosnia and Herzegovina can be described as a federal democratic republic that is transforming its economy into a market-oriented system, and it is a potential candidate for membership in the European Union and NATO.

Bosnia and Herzegovina  is one of the countries where the political and ethnic conflicts of the 1990s have affected all areas of social, economic and political life, and have had a particularly pronounced impact on the housing and property sectors.

In Bosnia and Herzegovina the areas generating most interest have been the ski resorts around Sarajevo which hosted the Winter Olympics in 1984. Bosnia and Herzegovina is recognized as having some of the best skiing in Europe, as well as one of the longest ski seasons.

Property prices in Bosnia and Herzegovina are still relatively low, especially when compared to neighboring markets like Croatia, and the political stability and market growth suggest that now is the right time to capitalize on an investment in the country.

Foreigners have the same rights to property ownership as citizens of Bosnia and Herzegovina.

Usually buyers of properties in Bosnia and Herzegovina fall into 2 groups: people who have fallen in love with a particular area of Bosnia and Herzegovina following a holiday and people looking for investment opportunities.
The official property market in Bosnia and Herzegovina is similar to that in other developing or emerging market countries: high-end construction, investment and sales transactions occur, generally between multinational companies, aid agencies and foreign individuals with access to equity or external financing and established legal procedures. Property valuation is not regulated in Bosnia Herzegovina, there is no national body offering this service.