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Cost: 1,500,000 EUR

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Penthouse for Sale in Belgrade with a Huge Rooftop Terrace (214 Square Meters Area)

Exclusive offers of residential real estate in Belgrade are quite rare. Finding a spacious, freshly renovated penthouse in a good location is not an easy task. However, we have a great offer that we would like to share with you. We present a four-room penthouse in Belgrade for sale with a large rooftop terrace. This luxury real estate is located in the Vračar municipality next to the Church of Saint Sava and Karađorđe’s Park.

Penthouse in Vracar area - picture

A huge penthouse in Belgrade with a 214 square meters area costs EUR 1,500,000. It has four rooms and a large rooftop terrace of almost 200 square meters. It is possible to view this property in the Vračar municipality next to the Church of St. Sava.

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To get immediate advice on buying a penthouse in Belgrade and find out more details about this luxury real estate, please contact us via the e-mail indicated at the end of the article.

Get a Serbia residence permit by real estate purchase in Belgrade

Any residential property purchase allows a foreigner to apply for a Serbia residence permit. You can renew it for five years and then apply for Serbia permanent residence status.

Accordingly, by purchasing the proposed penthouse in Belgrade, you will receive a Serbia residence permit and be able to reside in Serbian territory legally. All the listed rights are available to the family members of the penthouse in Belgrade buyer.

Permanent residence status does not limit the period of staying in Serbia. However, after three years of permanent residence in the country (more than 180 days annually), the real estate property owner has the right to apply for Serbian citizenship.

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Who can buy penthouse in Serbia?

Serbia is one of the states that do not allow real estate purchase to all foreigners. The country’s legislation uses the principle of reciprocity. Compliance with this principle requires the fulfillment of one of the following conditions:

  • Serbia has bilateral agreements with the foreigner’s country.
  • Serbian citizens have the right to purchase real estate in the foreigner’s country of origin.

Citizens of the EU countries, the USA, and Canada have the right to buy an apartment or penthouse in Belgrade and any other city in Serbia. To clarify the possibility of purchasing a penthouse for the country of your citizenship, you can contact our experts.

A Serbian or foreign company also can register real estate in Belgrade. In this case, you can significantly reduce income taxes for renting out purchased property. When buying a property for own residence, the difference is not significant.

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Our experts will help you register a company in Serbia in a few days if you collect all the necessary documents.

Intermediary and notary fees, real estate taxes

The additional costs of buying a penthouse in Belgrade combine a real estate agency fee, a notary fee, and the property transfer tax. In Serbia, the generally accepted real estate agency fee is no more than 2% of the property value (according to the sale contract). There are no conditions for setting a higher rate for agency services. The minimum fee is 500 euros.

A mandatory condition for buying real estate in Serbia is notary certification of the contract. The notary services costs in Serbia depend on the property price. Typically, it is 1-3% of the price.

A foreigner also needs to use the court interpreter services. The rate for these services is 50 euros per hour.

When buying an apartment in Belgrade in the secondary market, you also need to pay the property transfer tax. The tax rate is 2.5% of the property assessed value.

Where is the penthouse for sale in Belgrade located?

The proposed penthouse in Belgrade is located in a five-story residential complex built in 2012. The residential building itself is in the Vračar municipality, close to the Church of St. Sava. Vračar is a municipality with the smallest area in Belgrade. At the same time, it has the highest population density. Vračar is also known as one of the most prestigious areas in the Serbian capital. Within a 5-10 minute walk from the residential complex, you can find several branches of Serbian and European banks, medical centers and clinics, several pharmacies, supermarkets, grocery, hardware and building stores, clothes and shoes boutiques, many cafes and restaurants.

What are the features of the proposed penthouse in Belgrade?

A penthouse in Belgrade in a residential complex located next to the Church of St. Sava, Mutapova and Macvanska streets is for sale. The total area of the proposed property (together with a large terrace on the fifth floor) is 405 square meters. The interior area of the penthouse in Belgrade is 214 square meters. The ceiling height is 2.8 meters. The five-story residential complex with this apartment was built in 2012. The four-room penthouse received a renovation in 2019. The renovation included the replacement of flooring, plumbing, and built-in kitchen appliances. The penthouse has two bedrooms, a spacious living room, a kitchen with a dining area, and three bathrooms. The price of the penthouse in Belgrade is EUR 1,500,000.

A foreigner with what citizenship can buy property in Serbia?

Serbia is one of the states that does not allow real estate purchase to all foreigners. The country’s legislation uses the principle of reciprocity. Compliance with this principle requires the fulfillment of one of the following conditions: Serbia has bilateral agreements with the foreigner’s country, or Serbian citizens have the right to purchase real estate in the foreigner’s country of origin. Citizens of the EU countries, the USA, and Canada have the right to buy an apartment or penthouse in Belgrade and any other city in Serbia. To clarify the possibility of purchasing a penthouse for the country of your citizenship, you can contact our experts.

Little about penthouse for sale in Belgrade location

As mentioned above, the proposed penthouse in Belgrade is located in a five-story residential complex built in 2012. The residential building itself is in the Vračar municipality, close to the Church of St. Sava.

Vračar is a municipality with the smallest area in Belgrade. At the same time, it has the highest population density. Vračar is also known as one of the most prestigious areas in the Serbian capital.

The Church of St. Sava is the largest cathedral in Belgrade. It is located right in front of the residential complex with the presented penthouse in Belgrade. A large green park with well-groomed alleys surrounds the church. This place will be an excellent choice for walking with children.

Vračar hosts the highest building of Belgrade – Beograđanka. This is the name of a 24-story skyscraper surrounded by lower buildings. Beograđanka is an office business center.

Vračar municipality infrastructure

The penthouse in Belgrade is located in the center of the Vracar municipality. Starting an infrastructure overview, we should mention that the penthouse is on the fourth and fifth floors of a five-story residential building. This building has a large garage, a laundry room, a storage space for residents, an elevator, CCTV cameras, and an intercom.

The distance from the penthouse to the central square is 1 kilometer. There is a large park with the largest church in Belgrade not far from the house. It is the Church of St. Sava.

Within a 5-10 minute walk from the residential complex, you can find:

  •  several branches of Serbian and European banks
  • medical centers and clinics
  • several pharmacies
  •  supermarkets, grocery, hardware, and building stores
  • clothes and shoes boutiques
  • many cafes and restaurants

Having bought a penthouse in Belgrade, you will be able to walk with children in the following parks of the Vracar municipality:

  • Milutin Milanković Park
  • Patriarch Varnava Park
  • Karađorđev Park
  • Manjež Park
  • Gazela Park

Proposed penthouse in Belgrade features

A penthouse in Belgrade in a residential complex located next to the Church of St. Sava and Mutapova and Macvanska streets is for sale. The total area of the proposed property (together with a large terrace on the fifth floor) is 405 square meters. The interior area of the penthouse in Belgrade is 214 square meters. The ceiling height is 2.8 meters. The five-story residential complex with this apartment was built in 2012.

The four-room penthouse received a renovation in 2019. The renovation included the replacement of flooring, plumbing, and built-in kitchen appliances.

The penthouse has two bedrooms, a spacious living room, a kitchen with a dining area, and three bathrooms.

The price of the penthouse in Belgrade is EUR 1,500,000.

This price does not include parking, but it is possible to buy a separate parking space. Kitchen appliances and furniture are included in the property price. You can buy it without kitchen appliances and furniture with a price adjustment. It is also possible to negotiate a price reduction with the penthouse owner.

We also invite you to familiarize yourself with our following services in Serbia:

OUR PROFESSIONAL SERVICES IN SERBIA

For assistance in buying an apartment in Belgrade, please contact us via [email protected].

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