Russian and German companies renting or buying villas in elite parts of Belgrade

The fact that many Russians have been coming to Serbia to buy real estate is something that has been talked about for some time, but little is known about the fact that the market for commercial space in the country is changing with the Russian-Ukrainian crisis.

In recent weeks, an increasing number of IT companies, both from Russia and Western Europe, have been looking for and buying luxury real estate in Belgrade.

Preferred locations are Dedinje and Senjak, and demand is focused exclusively on these parts of the capital. Only villas that do not require major renovations are considered. The main prerequisites are that they have enough square footage, several bedrooms, toilets and swimming pools, parking spaces and a large yard.

“The price of such villas starts from 1 million euros and up, but clients are often ready to pay over 2 million euros. It seems that the price is not as important to them as getting what they want. We have had quite a few inquiries from Russian, British and German IT companies,” a real estate agent reveals. They add that it is very important for these companies that the houses they buy have a swimming pool and a large yard, so that they can provide their employees with additional amenities.

Jelena Davidović from says that in the last 20 days, an increasing number of Russians and Ukrainian citizens have shown interest in buying and renting apartments and houses.

“Based on the information that our clients or real estate agencies have shared with us, we can conclude that they are interested in renting commercial premises and houses that can meet their demanding business needs. In addition to Russian and Ukrainian companies, British and German companies are interested too, and they mainly come from the IT sector. The prices of such houses, in Dedinje and Senjak, range from 1,000,000 euros to 2,500,000 euros,” Ms Davidović says.

(Blic, 31.03.2022)



This post is also available in: Italiano

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