Real estate prices in Belgrade suburb booming

A hectare of land in Dobanovci, adjacent to the Belgrade-Zagreb highway, has recently sold for EUR 500,000. The most expensive plots (10mx10m) are fetching EUR 10,000. Real estate prices in Belgrade suburb booming According to estimates of employees at the local community center, almost EUR 100mn has been invested in Dobanovci in this manner over the last few years. There is much talk in the village of big money, but rarely of buyers or sellers. Names are not mentioned, though it is possible to see who has sold up by taking a stroll through the streets of the village. New houses are being built, fancy cars are ubiquitous. Even though he is building a big house, taxi driver Mile Zivankov denies having sold any land. He sold up much earlier, and adds that he would be a millionaire now if he had hung on to the land a bit longer. “Yes, I could be, and I still might, but that’s not the point. Over here, you’ve got the neighbor asking for EUR 7,000, while he got EUR 5,000 for this bit next to me,” says Zivankov. Land sales in Dobanovci were celebrated in local pubs two or three years ago. This is no longer the case. According to locals, the new high-rollers prefer to remain anonymous. Dobanovci Community Center President Darko Mrkobrad explains that other than the most attractive land alongside the highway, there is little left to sell. The land has been bought up by Austrians, Greeks, Slovenes, and others, whose names he does not know. Mrkobrad says that the land has been sold in various ways. “Funnily enough, I know of one case, about a year and a half ago, where some people just came by with a sackful of money, left it on a table, and walked out. So, there have been cases with older men and women who’ve got scared, and gone out after them. Anyway, the land was sold in the end, not for one price or the other, but they came to a mutual understanding,” he explains. The village is full of branches of foreign and domestic companies. There are big warehouses and depots there. Three years ago, when he bought ten 10mx10m plots, Radivoje Sekulic, the owner of the Sekulic Logistics Center, never imagined, he says, how much it could be worth. “It was EUR 1,000 per plot back then, three years ago we’re talking about, and now itcs God knows how much more, because, as you can see, there’s building going on, something’s happening wherever you look, this is a really promising zone for investors,” Sekulic says. Dobanovci is also home to the most expensive field in Serbia, worth as much as EUR 5mn. The owners are asking for EUR 10,000 per plot. There have been no takers yet.

Real estate prices in Belgrade suburb booming

According to estimates of employees at the local community center, almost EUR 100mn has been invested in Dobanovci in this manner over the last few years. There is much talk in the village of big money, but rarely of buyers or sellers.

Names are not mentioned, though it is possible to see who has sold up by taking a stroll through the streets of the village.

New houses are being built, fancy cars are ubiquitous. Even though he is building a big house, taxi driver Mile Živankov denies having sold any land. He sold up much earlier, and adds that he would be a millionaire now if he had hung on to the land a bit longer.

“Yes, I could be, and I still might, but that’s not the point. Over here, you’ve got the neighbor asking for EUR 7,000, while he got EUR 5,000 for this bit next to me,” says Živankov.

Land sales in Dobanovci were celebrated in local pubs two or three years ago. This is no longer the case. According to locals, the new high-rollers prefer to remain anonymous.

Dobanovci Community Center President Darko Mrkobrad explains that other than the most attractive land alongside the highway, there is little left to sell.

The land has been bought up by Austrians, Greeks, Slovenes, and others, whose names he does not know.

Mrkobrad says that the land has been sold in various ways.

“Funnily enough, I know of one case, about a year and a half ago, where some people just came by with a sackful of money, left it on a table, and walked out. So, there have been cases with older men and women who’ve got scared, and gone out after them. Anyway, the land was sold in the end, not for one price or the other, but they came to a mutual understanding,” he explains.

The village is full of branches of foreign and domestic companies. There are big warehouses and depots there. Three years ago, when he bought ten 10mx10m plots, Radivoje Sekulić, the owner of the Sekulić Logistics Center, never imagined, he says, how much it could be worth.

“It was EUR 1,000 per plot back then, three years ago we’re talking about, and now itćs God knows how much more, because, as you can see, there’s building going on, something’s happening wherever you look, this is a really promising zone for investors,” Sekulić says.

Dobanovci is also home to the most expensive field in Serbia, worth as much as EUR 5mn. The owners are asking for EUR 10,000 per plot. There have been no takers yet.