Investment Property in Novi Sad

Investment Real Estate in Novi Sad

Investment Property in Novi Sad
Investment Property in Novi Sad

Novi Sad property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Novi Sad .

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Search Map of Novi Sad Investment Real Estate

Novi Sad (Serbian Cyrillic: Нови Сад, pronounced [nôʋiː sâːd] (About this soundlisten); Hungarian: Újvidék, pronounced [ˈuːjvideːk]; see below for other names) is the second largest city in Serbia and the capital of the autonomous province of Vojvodina. It is located in the southern portion of the Pannonian Plain on the border of the Bačka and Srem geographical regions. Lying on the banks of the Danube river, the city faces the northern slopes of Fruška Gora.

According to the 2011 census, Novi Sad proper has a population of 250,439 while its urban area (including the adjacent settlements of Petrovaradin and Sremska Kamenica) comprises 277,522 inhabitants. The population of the administrative area of the city totals 341,625 people.

Novi Sad was founded in 1694 when Serb merchants formed a colony across the Danube from the Petrovaradin Fortress, a strategic Habsburg military post. In subsequent centuries, it became an important trading, manufacturing and cultural centre, and has historically been dubbed the Serbian Athens. The city was heavily devastated in the 1848 Revolution, but was subsequently rebuilt and restored. Today, along with the Serbian capital city of Belgrade, Novi Sad is an industrial and financial center important to the Serbian economy.

Novi Sad is the European Capital of Culture for the year 2021 and European Youth Capital 2019.

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The financial stability of Novi Sad has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Novi Sad

Renting out your Novi Sad buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Novi Sad are – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Novi Sad and be prepared to change your initial outlook.
  • Thoroughly research the Novi Sad location with a special emphasis on fringe areas outside the main Novi Sad metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Novi Sad.
  • Ensure that your target investment property in Novi Sad appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Novi Sad properties yourself is an easy option, but are these savings justifiable when you run into Novi Sad red tape? Physis Realty Novi Sad office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Novi Sad buy-to-rent sector.

With our expert guidance, investing in Novi Sad provides the secure knowledge that your money is working harder than it would in a local Novi Sad bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Novi Sad, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Novi Sad property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Novi Sad

Flipping property in Novi Sad

Flipping property is when we advise clients to buy a Novi Sad property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Novi Sad market has a time to react to the renovation.

The Flipping Strategy in Novi Sad

Investment property flipping in Novi Sad is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Novi Sad real estate investments are sometimes referred to by professionals as ‘distressed’ Novi Sad real estate.

What is distressed Novi Sad property:

  • Novi Sad property in need of renovation
  • Novi Sad real estate with a change of purpose and use
  • Oversold Novi Sad property
  • Bank repossessions in Novi Sad

Put simply, long term investors in Novi Sad purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Novi Sad investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Novi Sad property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Novi Sad use a minimum profit value of 22% when looking at potential Novi Sad projects. The reason for this is because there are lots that can go wrong in Novi Sad property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Novi Sad

For luxury property investors hoping to add a superb property in Novi Sad to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Novi Sad, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Novi Sad should be entrusted to only the highest-quality agency.

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