Novi Beograd – the fastest growing municipality in Belgrade - Move to Serbia

If you cross one of the six Belgrade bridges from the center of Belgrade, you will find yourself on the city’s most famous plain – in the municipality of Novi Beograd. It is the fastest growing Belgrade municipality, which represents the corporate center of the city.

With tall residential blocks and modern business centers, Novi Beograd is a symbol of modern city life. Wide boulevards, numerous shopping centers, bicycle paths and esplanades by the river are something that it is recognizable by. As one of the largest and most progressive city municipalities, Novi Beograd is extremely popular and in demand both for business and for living.

From swamp to modern settlement

The municipality of Novi Beograd is located northwest of “old” Belgrade and starts on the right side of the Danube, shortly before the confluence of the Sava and the Danube. It occupies an area of ​​4,096 hectares, on which, according to the census from  2022, 209,812 inhabitants live there.

Although there is a written document that in 1512 there was a settlement with 32 houses, the construction of today’s Novi Beograd began in 1948. A “city within a city” has been created on a marshy area that has been filled with sand from the Danube for years. On the largest construction site in the country, buildings sprung up one after the other.

The municipality of Novi Beograd was formed in 1953, as a symbol of the then government, modernization and industrial progress. It was designed as a modern, business center of the country. Today, it is the seat of numerous domestic and foreign companies, among which the financial, service, commercial-representative, commercial, sports-recreational and construction sectors dominate.

Architecture

In contrast to the old part of Belgrade, which was built on 32 hills, the main characteristic of Novi Beograd, with the exception of the western part (Bežanija), is an extremely flat terrain. Novi Beograd has 200 single-family homes and six large residential buildings. One of the most famous buildings is the “West Gate of Belgrade”.

In the desire to stand out from the architectural monotony and to identify with their surroundings, the people of Novi Beograd gave different names to certain new buildings or groups of buildings. Airport City Belgrade was built on the site of the original airport, the first business park in Serbia. In 2006, the OECD declared this project the best greenfield investment in the region.

The municipality is divided into several local communities, and in the five decades of its existence, some of its parts have gradually become separate districts. One-story, single-family houses can only be found on Bežanijska Kosa and Ledine. The remaining approximately 80,000 Novi Beograd apartments are located in multi-storey residential blocks.

Traffic network

 Proximity to the Nikola Tesla airport and international roads, proximity to the bus station, wide boulevards and a handful of parking spaces is a great advantage of Novi Beograd. It is connected to the rest of the city by numerous lines of public transport. As an additional connection, there are also trams. This entire area is criss-crossed by modern roads with a length of 160 kilometers. Also, the European route E-75 passes through the center of Novi Beograd.

The eight-kilometer section of the “Miloš Veliki” highway was put into regular traffic in April last year. It stretches from Novi Beograd to Surčin and has a key importance for the whole of Belgrade and an important role in the daily journey of a large number of people. With it, the exit to the highway “Miloš Veliki” was shortened by about 10 kilometers.

Education

There are 35 preschool institutions, 22 primary and 8 secondary schools in the municipality of Novi Beograd. The Faculty of Dramatic Arts, College of Tourism in Belgrade, Higher Technical School of Vocational Studies and three private faculties are also located on the territory of the municipality.

What Novi Beograd is known to students for is the Student City, a complex of buildings that make up the largest home of students at the University of Belgrade. The complex was built to meet the housing needs of students, who come from all parts of Serbia.

Sports centers

The Sports Center Novi Beograd is home to SRC (Sport Recreational Centre)  “11. april” and Sports Hall. SRC “11. april” has numerous contents, primarily intended for recreationists. It is the only facility with outdoor swimming pools in the territory of Novi Beograd.

The sports hall is the oldest sports facility in Novi Beograd, which has had top sports clubs since its foundation. Although it provides services to professional athletes, it is also open to recreational players. In addition to the large hall, three universal halls, a professional gym and table tennis tables are available to users. The most attractive area of ​​the Sports Hall is the large hall, with a capacity of 5,000 seats. It is the venue for many sports and cultural events.

Cultural and entertainment institutions

In addition to the Museum of Contemporary Art and the Historical Archive of Belgrade, there is the Novi Beograd Cultural Network, the Student City Cultural Center and the Student Cultural Center. The Duško Radović theater is intended for the youngest, and there are three large cinemas for both children and adults.

There are nine libraries in Novi Beograd. The library department “Vuk Karadžić” Novi Beograd is part of the network of the Belgrade City Library and has a fund of about 110,000 items of library material. One of the departments is the children’s department. The library often organizes numerous cultural and educational events, workshops for children and other program activities.

For those who like to go to concerts of big stars, watch a big sports event or attend a conference, Kombank Arena and Sava Center are unmissable places. With 20,000 seats, Kombank Arena is the largest hall in this part of Europe.

Hyatt Hotels, Holiday Inn, Falkensteiner and Continental are hotels and complexes of the highest level of quality, with halls for large business meetings, swimming pools, restaurants and parking lots.

Novi Beograd’s rafts and nightlife are world-famous. During the day they offer food and drinks, and in the evening they become the epicenter of Belgrade’s nightlife.

Advantages of living in Novi Beograd: Shopping and greenery

Ušće and Delta City are the two largest shopping malls in Belgrade with a large number of world brands. In addition to them, you can also shop at TC Piramida or TC Immo Outlet Center. Shopping, in addition to walking along the river and work, is one of the main reasons for crossing the bridge from the old part of Belgrade.

Numerous parks, forested plateaus, promenades and lawns have contributed to the fact that Novi Beograd is one of the most desirable places to live and work. Synonymous with Novi Beograd is a long promenade with rafts along the Sava and the Danube rivers and a large number of green areas, the largest of which is Ušće Park. With neat lawns, numerous rows of trees, parks and wooded plateaus, Novi Beograd is the municipality with the most greenery.

If you are a fan of cycling, then this part of the city is ideal for you, because it is completely adapted to cyclists. The total length of bicycle paths in Belgrade is 55.6 km, of which 36.3 km is in Novi Beograd.

Real estate price trends in Novi Beograd

The price of a square meter in Novi Beograd is continuously increasing, ranging from around 1,200 euros in 2015 to over 2,400 euros in 2023. Old buildings in Novi Beograd experienced a price jump of over 300 euros per square meter from 2022 (2100 euros), reaching an average price of 2,400 euros in 2023. The price of new construction, on the other hand, recorded an increase of 466 euros per square meter and reached 2,968 euros in 2023.

In its latest report, the Republic Geodetic Authority found that in the second half of 2023, the average price of a 66m² apartment was around €2,680/m². In October last year, the average price per square meter in the new residential complex Kennedy Residence was 2,828 euros, in the Petica complex 2,850, while in the Wellport complex it was 2,828 euros.

According to the records of the website Nekretnine.rs, the average price of all advertised apartments in this municipality at the beginning of this year was 2,605 euros, which gave Novi Beograd the third place in terms of average price. Above it are the municipalities of Stari grad and Vračar. According to the latest information from the website Cenenekretnina.rs, the average price per square meter of an apartment in Novi Beograd in February was €2,714/m², which represents an increase of 3.6% compared to January.

New residential complexes in Novi Beograd

Although Novi Beograd meets all requirements for modern life, buying an apartment or office space in Novi Beograd has also proven to be a safe and profitable investment. Due to high demand, there are several larger residential and commercial buildings in various locations, some of which are still under construction.

Sakura park

The Sakura Park complex is located in block 58 and includes 228 modernly equipped apartments, with a heating system that can be controlled remotely. There is a large SPA center and a fitness facility. The apartments have high-quality carpentry, oak parquet and first-class Spanish ceramics. The contractor is Goldberg Real Estate, a company that has been operating abroad for more than 10 years.

There are four entrances to the complex, and there are also 12 business apartments. Business premises and shops will occupy an area of ​​4,830m². The building is located near all important roads, and it has a garage with 321 parking spaces and a car wash.

For a peaceful stroll by the river, there is the Savski Quay, and for shopping, the Delta City shopping center. The complex is surrounded by a park through which a long circular path of 450 meters passes on 1.4 hectares. It has a modernly equipped children’s playground, but it is also suitable for organizing smaller celebrations and events. Fountains and a small stage give it a special charm.

Petica

Residential and commercial space Petica is located in Block 63, on a plot of 80 ares. The complex has two buildings with a total of 60,000 m². There are 308 apartments, from one-room to four-room, square footage from 38 m² to 240 m², arranged in five slats. The equipment in the apartments is of high class, which makes them luxurious.

Penthouses, up to 100-240m², are located on the second floor. The ceiling height is up to 340 cm, and thanks to the glass windows, they have a panoramic view and are well lit. They have spacious terraces and planters for small roof gardens.

There are 19 shops on the ground floor. In the underground floors there is a garage with 500 parking spaces. Pedestrian paths, green areas, a children’s playground and a fountain have been planned on the plateaus between the buildings. Apartment prices start at €2,670/m² + VAT, while premium penthouses start at €2,850/m² + VAT.

New Minel Residence & Office

This complex of four buildings is located in Novi Beograd, along Tošin Bunar Street, which is one of the main roads. In addition to the exceptional quality of construction, pleasant, modern and luxurious interior, tenants also have access to a closed park. The investor, Galens Invest, is one of the leading domestic investment and construction companies, with numerous successfully implemented projects in the country and the region.

Newport

In the heart of the business zone of Novi Beograd, near the first and still the largest business park Airport City Belgrade, on an area of ​​more than 75,000 m², the Newport complex is being built. An excellent location, close to all important facilities, kindergartens, schools and recreational parks, makes this complex an ideal place to live. Using the highest quality finishing materials and equipment, as well as the latest technology, apartments in Newport will represent a combination of luxury and functionality. The planned two levels of the underground garage will include comfortable individual parking spaces, as well as an optimal number of parking spaces with connections for electric vehicles.

The planned implementation of the smart home system, which will enable future tenants to manage key devices in their home with just a few clicks on a mobile device, also shows that the investor thought about every detail. The construction of the entire complex will be realized in four phases, of which the first phase has 104 residential units in two slats.

The investor is the renowned Israeli investors Shikun & Binui Group, known for building residential and business complexes in Central and Eastern Europe. This company is synonymous with modernity, comfort, quality and energy efficiency.

V park

For all those who wish to have peace in a quiet residential block, with plenty of greenery and without traffic noise, V Park is an excellent choice. It has 32 residential units, 2 business premises and 45 garage spaces. The structure of the residential units is from one-room to four-room apartments, from 35m² to 100m².

In the building there are also two stores with an area of ​​620 m², of which 130 m² is warehouse space. The investor states that it is possible to purchase or rent them under the following conditions: The price of renting the premises is EUR 15 + VAT per square meter, plus EUR 7.5 + VAT for the warehouse. The purchase price is EUR 2500 per square meter plus VAT, and EUR 1250 for the warehouse part, plus VAT.

The investor of the building is Skyland doo, which was founded by the company Grafin NBG Invest doo, which has been operating since 2015 and has built three residential buildings in the past.