Planning to build in Belgrade? An overview of the best locations and strategies in 2026, from City Expert’s director.
Source: Miloš Mitić, director of City Expert. For developers the choice of location is the first and one of the most important decisions. The price of land matters, but it does not say everything: which premium locations have stable demand, where is the best balance of investment, speed of sale and margin, and which parts of Belgrade will grow with major infrastructure projects?
Premium zones: expensive land, fast turnover, minimal risk
Vračar, Stari grad and parts of Zvezdara closer to the centre, such as Crveni krst and Lion, target buyers of high-end apartments, luxury buildings and mixed-use space in the core. Land is very expensive, but demand for quality new build is stable; complex ownership with several co-owners and underground parking can be challenges. Dedinje and Senjak suit exclusive low-rise urban villas and closed condominiums: large apartments with a high price per square metre, but a slower return and a narrower group of buyers.
The best balance of investment, speed and margin
Zones with very strong demand from the middle and upper-middle class: the wider Tošin bunar belt and the business zones of Novi Beograd, with taller buildings, larger gross area and existing infrastructure; and Voždovac and Zvezdara, especially Lekino brdo, Severni bulevar and the Vojvode Stepe area, where prices still leave a healthy difference between land, construction and selling price.
Expanding zones: the greatest potential for capital gain
For land bought to develop in 2 to 5 years: the Surčin corridor and Dobanovci, around EXPO, the National Stadium and the airport; and Makiško polje and the extension of Mirijevo towards Slanački put, driven by metro lines, access roads and ring roads, with room for large-scale housing for first-time buyers.
How to check a plot before buying
- Planning parameters (PDR): land use, building index and plot coverage, and all ownership relations.
- Infrastructure capacity and access: water, sewage, power and roads determine how fast you get a building permit.
- Demand on the micro-location: what buyers want there, the competition, the layouts and finishes most in demand.
City Expert as your strategic and sales partner
The City Expert new-build team can help with positioning, sales and marketing from the first step to the sale of the last apartment; our sales team has many successfully launched and sold projects. See the page for investors.
