Belgrade Waterfront – A Safe Investment in the Most Modern Part of Belgrade - Move to Serbia

Belgrade Waterfront, one of Serbia’s most ambitious and modern projects, is attracting the attention of both domestic and international investors. This completely new urban area in Belgrade has quickly become a symbol of the Serbian capital. The project, worth $3.5 billion, was initiated by the Serbian Government with partners from the United Arab Emirates.

The goal of the project is to transform a part of the Savski Venac district, which is excellently positioned, making it a perfect place for living and working. The ideal location with a landscaped promenade, quality construction, and buildings with pools, reception areas, and spacious garage spaces offer a perfect living space for business people and families.

Belgrade Waterfront as an Investment Oasis

Due to all its advantages, Belgrade Waterfront is internationally recognized as a safe investment destination. According to “Belgrade Waterfront”, the current investment return trend has shown that the value of square meters increases by as much as five percent annually. This is evidenced by the fact that, for example, average apartment prices in the second quarter of 2022 increased by 10-11% compared to the first quarter, according to the report of the Republic Geodetic Authority.

Past experience has shown that purchasing in construction and paying in stages of construction is highly profitable. Until the middle of last year, over 6,000 apartments were sold, 14 buildings were constructed, and 3,000 apartments were inhabited.

In the third quarter of last year, 182 apartments were sold, with prices ranging from 3,433 to 9,475 euros, averaging at 4,390 euros. Besides the simple calculation and secure investment, here’s why Belgrade Waterfront is so popular and why it represents the safest investment in Belgrade.

The properties within which apartments can still be purchased are: BW Libera, BW Aqua, BW Verde, BW Simfonija, BW Terra, BW Aria, BW Metropolitan, BW Aurora, BW Quartet 1, BW Quartet 2, BW Terraces, The Residences at St.Regis Belgrade – BW Kula Beograd, W Residences Belgrade, BW Iris, BW Nika, BW Thalia, and BW Eden, etc.

From Plan to Realization

As early as the mid-eighties of the last century, a group of Belgrade architects made a project aimed at reorganizing and revitalizing this part of the city. By expanding old Belgrade towards the Čukarica municipality and building New Belgrade, this area practically found itself near the city center but was underdeveloped.

Although the idea existed much earlier, the Belgrade Waterfront project was officially launched in 2014 by the Serbian Government. It is implemented in cooperation with Eagle Hills from Abu Dhabi, a leading company in private investments and investment development, present in urban development projects in Asia, Africa, and Europe. The Serbian Government provided the land, while development and financing were entrusted to Eagle Hills. The ownership share of this company is 68%, while the remaining part is owned by the Government of the Republic of Serbia.

This part of Belgrade has undergone drastic changes to begin construction. The plan envisages the construction of 1.85 million square meters of luxury residential and business space. When fully built, it will also contain eight hotels with 2,200 rooms and has already completed the largest shopping mall in the Balkans – Galerija. The planned gross area of the business space is 250,000 m², while the expected number of residents of the entire complex is 14,000. The central place of the project is occupied by Kula Beograd, 168m high.

Although a large part of the work is completed, much more still needs to be built for the project to come to life exactly as planned. The plan is to build the entire project over the next 10, and at the latest, 30 years.

Experience of Living in Belgrade Waterfront

Although the project is not yet completed, some of the residents of Belgrade Waterfront are already enjoying luxury apartments. They particularly emphasize the good location, which provides them with a beautiful view of the river and excellent connectivity with all other parts of the city.

The construction of the facilities is carried out according to the principle of sustainable development, thus creating a new city center that has all the necessary elements for a quality life. Also, all facilities are built in accordance with modern lifestyles to meet all needs, whether it’s work, entertainment, or recreation.

The buildings are designed to meet high standards and possess:

• A modernly arranged promenade along the river
• Top restaurants
• A large terrace with an incredible view of the river or the city

Geographical Position of Belgrade Waterfront

Located on 90 hectares, between two rivers, the Sava and the Danube, Belgrade Waterfront represents an aspiration to create a luxurious and urban Belgrade. The immediate proximity to the city center makes this project attractive for residential and especially business buildings. Also, the connectivity with the existing traffic infrastructure, including public transport, is of great importance. The New Sava Bridge is nearby, while access to the international E-75 highway is possible via the nearby Gazela Bridge. Nikola Tesla Airport is only about 20 minutes’ drive away.

Apartments and business space at this location have a beautiful view of the Sava River, creating a unique experience of nature in an urban space. The elongated flat area along the riverbank resembles an amphitheater, so it is often called the Sava Amphitheater.

Style and Comfort of Living in Belgrade Waterfront

Life at Belgrade Waterfront

Belgrade Waterfront offers more than just a well-positioned location; it provides a comfortable and fulfilling life in all aspects. This area includes entertainment, relaxation, and cultural venues, modern health centers, as well as state-of-the-art public kindergarten and bilingual schools. There’s also a children’s center, numerous fun and sports parks, and some buildings even have children’s pools.

Well-Maintained Parks

The modern and neatly arranged parks are perfect for rest, walking, cycling, and relaxation. Diverse playgrounds with swings, seesaws, and various other equipment are carefully designed for the safe play of children. The Bistrol Park stands out with new exercise equipment and sports fields. Additionally, BW Apollo is a state-of-the-art sports center featuring an indoor pool, modern gym, spa center, café, and special programs for children.

Sava Promenade

The construction of the Sava Promenade, lasting from 2015 to 2016, has become one of the most beautiful walking spots. Located on the right bank of the Sava River, near the buildings, it offers a stunning view of the sunset. It’s also an ideal spot for sports activities like cycling, with 1,800m of pedestrian and cycling paths prioritizing walkers and cyclists.

Numerous Cafés and Restaurants

 Belgrade Waterfront is known for its rich gastronomic offer and several top-tier hospitality facilities. The Red Queen, one of the best gastro and wine restaurants, boasts a luxurious interior and a selection of 150 different types of high-quality wines.

Buddha Bar offers the tastiest Chinese, Japanese, and Korean specialties, with an authentic Asian spirit throughout the restaurant. The modernly designed restaurant Savanova is located right on the promenade, while Kafeterija offers different types of coffee originating from Colombia, Kenya, Ethiopia, Brazil, and India. A variety of restaurants in the so-called Beton Hala will meet the highest expectations of lovers of tasty bites, good fun, and excellent nightlife.

The Largest Shopping Center in the Region – Galerija Belgrade

The Galerija shopping center spans six hectares and 300,000 square meters, divided into three parts. The first part is dedicated to entertainment and conference organization, while the main part contains over 500 shops offering a wide range of products from well-known domestic and foreign brands. In addition to luxury restaurants, cafés, and pubs, there is a large cinema and a small paradise for children who can enjoy the trampoline park. The underground part houses a large parking with 3,600 parking spaces, while the building’s top features the largest green roof in the region. The main part of the center is made of high-quality glass, allowing visitors to enjoy the river view.

Real Estate Prices and Prospects

For years, the demand for apartments in Belgrade has far exceeded the supply, traditionally keeping real estate prices at a very high level. Therefore, buying an apartment in Belgrade is a safe investment, and whether you want to rent or sell the apartment afterward, the profit will be much greater compared to other types of investments.

Currently, rental prices range from 800€ for a 37m² apartment, 1200€ for 56m², 1800€ for 82m², then 2,000€ for 119m², etc. Of course, prices depend on various factors, such as the apartment’s furnishings, so the offer varies, usually higher.

Facilities Within Belgrade Waterfront

The following text lists the most significant facilities within the Belgrade Waterfront complex, as well as examples of apartment prices available. All apartments are new, with construction starting as early as 2015.

• Kula Beograd – A residential and hotel building with 42 floors, 220 luxury apartments, 305 parking spaces, a 5-star hotel, and a glass observatory at the top. At 168m, it’s the tallest building in the region. Within the tower are The Residences at The St. Regis and St. Regis Belgrade hotel, offering a privileged lifestyle with highly functional and luxurious apartments. With fantastic views of the Sava River and Kalemegdan Fortress, they feature unparalleled luxury reflected in carefully chosen textures and materials throughout the building. A welcoming concierge will greet you, park your car, and carry your belongings to the apartment while you enjoy the observatory or restaurant. The interior design, inspired by the Sava River and its surroundings, is ideal for stylish people wanting life beyond ordinary boundaries. An 87m² apartment on the 22nd floor, without a parking space (with the option to purchase one), costs 779,888€, or 8,964 €/m², while a 150m² apartment on the 14th floor costs 1,370,888€ (9,139 €/m²).

• BW Residences – Two residential towers on the Sava Riverbank, each with 20 floors and a total of 296 apartments. Apartments have large terraces with city and river views. The building features an adult and children’s pool, a gym, a children’s playroom, 24/7 reception and concierge service, two communal terraces (podiums) with a playground, benches, walking space, and benches.
• BW Parkview – A residential building with 23 floors and 244 apartments. Amenities include a landscaped garden and a shopping and supermarket floor. Across the building is BW Park, a natural oasis, particularly attractive to families with children.
• BW Vista – A residential building with 23 floors and 228 apartments. Comfortable apartments with additional amenities and magnificent views are ideal for those seeking quality living or a smart investment. Apartments are built in a minimalist design with high-quality natural materials. An 82m² apartment on the 22nd floor costs 350,000€ (+2% agency fee + VAT), and a parking space is sold for 25,000 EUR.
• BW Magnolia – A residential building, an exclusive facility in a quiet location with 5 floors and 110 apartments.
• Galerija Belgrade – A shopping center with 93,000 square meters.
• BW Aqua – A residential building with 23 floors and 248 apartments.
• BW Aria – A residential building with 21 floors and 190 apartments. A ready-to-move-in 91.67m² apartment costs 394,000€, while a parking space requires an additional 27,000€.
• BW Arcadia – A residential building with 24 floors and 244 apartments. The building is positioned in the central zone of the complex, a few steps from BW Central Park, close to BW Galerija and Kula Beograd. Due to the carefully chosen orientation and installation of large, floor-to-ceiling windows, all apartments have a magnificent view of the river or the city.
• BW Aurora – A residential and commercial tower with 23 floors, 244 apartments, and a height of 82 meters.
• BW Metropolitan/Aurora – A residential building with 17 floors and 325 apartments, restaurants, and a kindergarten. It’s close to the promenade, hotels, the shopping center, and Kula Beograd, and features a private garage and a children’s playground. Large windows ensure plenty of natural light, earning it the name Aurora. A two-bedroom 52m² apartment, immediately available, costs 260,000 € (+ 2% agency fee + VAT). A parking space purchase is mandatory for 25,000€.
• BW Terra – A residential building with 19 floors and 153 apartments.
• BW Quartet – A residential complex consisting of 4 buildings with a total of 681 apartments. The price for an apartment in BW Quartet 1, on the first floor of 117m², without a parking space, costs 434,888€, or 3,717€/m².
• BW Libera – A residential building with 16 floors and 169 apartments.
• BW Sole – A residential building with 16 floors and 184 apartments.
• BW Scala – A residential building with 13 floors and 223 apartments.
• BW Verde – A residential building with 23 floors and 261 apartments.
• BW Terraces – A residential building with 17 floors and 132 apartments.
• BW Simfonija – Two residential buildings with identical architectural expressions, one with 16 floors and 103 apartments, and the other with 17 floors and 177 apartments.
• BW Arcadia – A residential building with 24 floors and 244 apartments.
• BW Terraces – A residential building with 17 floors and 132 apartments.
• BW Aqua – A residential building with 23 floors and 248 apartments.
• BW Quartet – A residential complex consisting of 4 buildings with a total of 681 apartments.
• BW Eterna – A residential building with 8 floors and 223 apartments. Prices range from 3,084 €/m².
• BW Lumia – A residential building with 9 floors and 91 apartments. Prices range from 3,371 €/m².
• BW Sensa – A residential building with 8 floors and 230 apartments. A four-room apartment with an area of 123 m² costs 455,888€ (3,706 €/m²) without a parking space, although smaller apartments can be found from 3,033 €/m².
• BW Perla – A residential building with 25 floors and 189 apartments. A 70m² apartment costs 433,888€.
• BW King’s Park Residences – A residential building with 15 floors and 233 apartments. Prices start from 4,470 €/m².
• BW Queen’s Park Residences – A residential building with 8 floors and 108 apartments.
• BW Eden – A residential building with 20 floors and 244 apartments.
• BW Thalia – A residential building with 15 floors and 178 apartments. The price for a first-floor apartment of 32m² is 164,888 €.
• BW Iris – A residential building with 18 floors and 219 apartments.
• BW Nika – A residential building with 18 floors and 219 apartments. Prices start from 3,520 €/m².
• BW Riviera – A residential building with 25 floors and 139 apartments. An 80.67m² apartment costs 558,888 €.
• BW Echo – A residential building with 8 floors and 103 apartments. Prices start from 3,181 €/m².

When you buy an apartment under construction, sellers may send you monthly photos with reports on construction progress. Once the final technical inspection is completed, the official ownership rights are transferred to you.

All indications are that Belgrade Waterfront will become a world-class center for residential and business space, from luxury hotels, modern health and educational institutions, to cultural events. In short, Belgrade Waterfront is not just an offer related to living and business space, but a completely different lifestyle model, aligned with the needs of modern man.