Property for sale in Serbia

1/ Capital: Belgrade

Is the capital and largest city of Serbia. The city lies on two international waterways, at the confluence of the Sava and Danube in north central Serbia, where the Pannonian Plain meets the Balkan Peninsula. Get more information on property for sale in Belgrade.

2/ Country: Serbia

Is a landlocked country in Central- and Southeastern Europe, covering the southern part of the Pannonian Plain and the central part of the Balkans. Serbia is bordered by Hungary to the north; Romania and Bulgaria to the east; the Republic of Macedonia and Albania to the south; and Croatia, Bosnia and Herzegovina and Montenegro to the west.

3/ Property for sale in Serbia

The political situation in Serbia is considered too sensitive for property investment decisions to be made at the current time - despite the fact that Serbia has made strong and significant economic advancements to date and has great plans for 2009 and beyond regarding easing the entire property buying process for foreigners and making the overall investment climate even more attractive.

At the moment the Serbian people are about to go to the polls; an early election has been brought about as a result of the referendum relating to the adoption of the aforementioned constitution, and so any investment decision relating to property for sale in Serbia is most certainly on hold pending the outcome of the elections and the forthcoming expected announcement by UN Mediator Martti Ahtisaari relating to Kosovo’s future. So much hangs in the balance right now that it would be unwise to make a move because no one knows whether Serbia will turn towards continued advancement and away from future disputes over Kosovo or whether it is prepared to return to war to get what it wants in terms of land boundaries for example.

There are no two ways about it – if Serbia can continue on the path forwards towards developing one of the most rapidly advancing economies in Europe and concentrate on achieving macroeconomic stability and raising the profile of the nation and positively changing international perceptions of Serbia, it will be an incredibly exciting market to invest in for the risk tolerant who like cutting edge opportunity. But if Serbia and the Serbian people make a collective decision to turn away from the EU and the UN and peace and turn back towards the past and instigate fresh conflicts in the region no one in their right mind will invest another penny into the Serbian property market.