Serbia. Belgrade's new riverfront, building by building.
BELGRADE WATERFRONTSAVA RIVERFRONTEURO PRICESST. REGIS RESIDENCESCITY-CENTRE LIVING
Serbia · Belgrade Waterfront · Eagle Hills · Euro-Priced

Serbia. Belgrade's new riverfront, building by building.

Twenty-four Eagle Hills buildings in Belgrade Waterfront — riverfront towers, Savamala low-rises and The Residences at The St. Regis Belgrade.

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1

Developer Partners

24

Buildings Listed

€215K + VAT

From (BW Azura 1BR)

10%

VAT on New Builds

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The Investment Case

One district, many buildings — read each building’s status carefully.

Serbia is PropSentral's newest European market, entered through Belgrade Waterfront, Eagle Hills' regeneration of the Sava riverfront in central Belgrade. The listings span Savamala low-rises, the Riverline towers, the new BW Marina district and the branded Residences at The St. Regis Belgrade in Kula Belgrade. Most building pages do not state a completion date or construction status, so each listing says so plainly; The St. Regis Residences and BW Victoria are described by the developer as nearly ready. Unit sizes shown are a snapshot of the units the developer listed as available on 3 November 2026. Foreign buyers can own property in Serbia where their home country grants Serbians the same right, so confirm eligibility first. New builds carry VAT (usually 10%) instead of the 2.5% transfer tax charged on resales.

Key Advantages

  • 24 Belgrade Waterfront buildings, from 4-floor boutique residences to the 42-floor Kula Belgrade
  • BW Azura (BW Marina): one-bedroom from €215,358 + VAT, the only building with published prices
  • The St. Regis Residences: developer payment plan through 2028 (as printed it adds up to 120% — confirm in the contract)
  • Foreign ownership works on reciprocity with your home country
  • Built from the developer’s own project pages, brochures and floor plans
Investment Intelligence

Serbia — Investment Scorecard

Nine indicators rated 1–10 by the PropSentral research team. Updated quarterly.

Observed Gross Rental Yield Range

4% – 6%

Per annum, based on active listings. Not guaranteed.

Rental Yield
5/10
Developer Market
3/10
Country Macro
6/10
Infrastructure
6/10
Tax Efficiency
6/10
Mortgage Access
4/10
Residency
5/10
Liquidity
5/10
Currency
7/10
Compare with other markets

Tax Summary

Income Tax

Not independently verified for this platform — confirm the treatment of rental income with a Serbian tax advisor

Capital Gains

Not independently verified for this platform — confirm with a Serbian tax advisor

Transfer Cost

New builds bought from a developer carry VAT (usually 10% for residential) instead of transfer tax; resales carry a 2.5% transfer tax, per secondary sources

Mortgage Access

Max LTV

Not independently verified for this platform

Typical Rate

Not independently verified for this platform

Notes

Belgrade Waterfront sells mostly on developer instalment plans; some buildings publish their own plans (for example The Residences at The St. Regis Belgrade). Confirm bank-finance options for non-residents with an advisor.

Residency Pathway

Programme

Temporary residence for owners of real estate in Serbia (Law on Foreigners), per secondary sources

Threshold

No minimum value found in the sources checked — confirm current conditions with the Serbian Ministry of Interior or an immigration lawyer

Timeframe

Not independently verified for this platform

Serbia facts on this page are compiled from public and secondary sources, not a Serbia-licensed tax, legal or immigration advisor. Reciprocity rules decide whether a foreign national can buy; confirm eligibility, taxes and residency conditions directly before relying on them. Scores are qualitative assessments by PropSentral and should not be relied upon as financial advice.

Economic Intelligence

Macro Indicators — Serbia

GDP growth, interest rate environment, currency trends, and tax impact for investors. Static data as of July–November 2026 (NBS rate, EUR/RSD); GDP data through 2024. Live charts sourced from BIS and FRED.

Real GDP growth 3.8% (2023) and 3.9% (2024)
Key policy rate 5.75% (July 2026)
About 117.5 dinars per euro (November 2026)

GDP Performance

Economic Output & Growth

USD billion. Source: Statistical Office of Serbia (real growth); Focus Economics (nominal USD) — IMF-based USD series run lower, treat as approximate.

2023

+3.8%

2024

+3.9%

Interest Rate Environment

Central Bank Rate vs BELIBOR

National Bank of Serbia (key policy rate)

5.75%

BELIBOR

5.75%

What is BELIBOR?

The dinar is managed against the euro; the National Bank of Serbia sets its key policy rate to target inflation.

⚠️ Key policy rate held at 5.75% since late 2024, most recently confirmed on 9 July 2026 (deposit facility 4.5%, lending facility 7%). BELIBOR was not compiled and is shown equal to the policy rate.

Currency

Live

Exchange Rate — Your Currency vs RSD

Not a formal peg, but the dinar has been held in a narrow band against the euro (about 117–118 per EUR through 2026). Belgrade Waterfront prices are in euros.

Latest rate — Oct 26· FRED

1 USD = 0.8930 RSD

US Dollar → Serbian Dinar

Monthly averages — Federal Reserve Economic Data (FRED), cross-rates computed from USD pairs. For illustrative purposes only. Exchange rates fluctuate — consult your bank or FX broker for transaction rates.

Tax Profile

Property Taxes — Serbia

Property Transfer Tax2.5% on resales; new builds from a developer carry VAT instead (secondary sources)
Annual Property TaxMunicipal property tax, rising with property value for individuals — sources cite about 0.4% up to 2%; confirm locally
Capital Gains TaxNot independently verified for this platform
Stamp DutyNot compiled separately
VAT on New BuildsUsually 10% on new residential units (secondary sources)
Rental Income TaxNot independently verified for this platform
Inheritance TaxNot compiled for this market — reconfirm directly
→

Foreign ownership depends on reciprocity with the buyer’s home country

→

Same taxes and fees apply to foreign and domestic buyers, per secondary sources

Tax information is general guidance only and may not reflect current legislation. Always consult a qualified local tax adviser before purchasing or selling property.

Lifestyle Intelligence

Living in Serbia

Beyond the investment numbers — what does daily life actually cost, and what does it look like?

Cost of Living

Monthly Budget Estimates

Single Person

$1,200 – $2,400/mo

USD equivalent, including rent.

Couple

$1,900 – $3,600/mo

USD equivalent, including rent.

ExpenseTypical Range
Rent (1-bed)Not independently verified for this platform — Belgrade Waterfront rents sit at the top of the Belgrade market
Rent (3-bed)Not independently verified for this platform
GroceriesNot independently verified for this platform
Dining outNot independently verified for this platform
TransportBelgrade has buses, trams and trolleybuses; a metro is planned near Belgrade Waterfront (developer pages)
UtilitiesNot independently verified for this platform — winter heating is a real cost
EntertainmentNot independently verified for this platform
Health insuranceNot independently verified for this platform

Directional ranges only, not a verified budget. Belgrade is generally cheaper than Western European capitals.

Quality of Life

Lifestyle Scores

Safety

Crime rate, political stability, day-to-day security

7
7/10

Healthcare

Quality and accessibility of medical care

6
6/10

Climate

Weather, sunshine, and year-round liveability

6
6/10

Expat Community

Size and diversity of international resident base

6
6/10

Education

Quality and range of international schooling options

6
6/10

English Friendly

Daily life ease for English-only speakers

7
7/10

Education

Schools & Universities in Serbia

Belgrade has a small but established international school sector; Belgrade Waterfront has its own new school and kindergarten (developer pages).

Available Curricula

International BaccalaureateBritish (IGCSE / A Levels)Serbian National Curriculum
Early Years (Ages 0–5)

Not independently verified per school for this platform.

Primary (Ages 5–11)

The International School of Belgrade and the British International School Belgrade are commonly cited.

Secondary (Ages 11–16)

Confirm current curricula and places directly with each school.

Sixth Form / Pre-University (Ages 16–18)

IB Diploma and A Levels are offered in Belgrade; confirm current offerings directly.

International Schools

A handful of established international schools, mostly in Dedinje and New Belgrade.

Universities & Higher Education

The University of Belgrade is the country’s largest university.

Top Schools

International School of BelgradeBritish International School Belgrade

Annual Fee Range

Not independently verified for this platform

Healthcare

Medical Care in Serbia

Belgrade has public hospitals and a sizeable private sector used by expatriates.

Public System

Public healthcare is available to insured residents; access for non-residents is limited.

Private System

Private hospital groups such as Acibadem Bel Medic and MediGroup operate in Belgrade.

Health Insurance

Private health insurance is recommended for foreign residents.

Specialist Access

Good in Belgrade for most specialties.

Top Facilities

Acibadem Bel MedicMediGroupUniversity Clinical Centre of Serbia

Insurance Cost

Not independently verified for this platform

Residency & Retirement

Visa Pathways

No dedicated retirement visa listed here; temporary residence based on property ownership is the main property-linked route (confirm current conditions).

New-build purchases carry 10% VAT; resales 2.5% transfer tax. Living costs are below most EU capitals.

Why expats & retirees choose Serbia

  • Central riverside location in a capital city, a short walk from the old town
  • Prices in euros with a stable dinar
  • Lower living costs than most EU capitals
  • English widely spoken by younger people and in business
  • Continental climate: hot summers, cold winters

Climate

Annual Weather — Serbia

Humid continental / humid subtropical transition (Cfa/Dfa)Best: May, Jun, Sep, OctPeak heat: Jan, Feb

Belgrade has four distinct seasons: hot summers, cold winters with occasional snow, and pleasant springs and autumns. Rain is spread through the year, peaking in early summer.

MonthHigh °CLow °CRain mmSun hrs/dayHumidity %
Jan▲4-247279%
Feb▲7-146373%
Mar12350566%
Apr18856664%
May★231268865%
Jun★271690966%
Jul2918671064%
Aug291758964%
Sep★241355768%
Oct★18950572%
Nov11455376%
Dec6058279%

Climate normals (Belgrade), approximate. ★ recommended months · ▲ peak heat / rain months.

Languages & Culture

Communication in Serbia

Official Language(s)

Serbian

English Proficiency

High

For day-to-day expat navigation

Widely Spoken

English (younger people, business, tourism)

Common Expat Languages

EnglishRussianGerman

Business Language

Serbian / English

Serbian is written in both Cyrillic (official) and Latin script; contracts and land-registry documents are in Serbian and usually need certified translation.

English is widely spoken in Belgrade, especially among younger people and in business and hospitality.

Cost-of-living figures, named schools and hospitals are indicative and reviewed periodically, not live data — fees, admissions, accreditation and facility names can change. Confirm current details directly with the school or hospital, and current rent/cost figures with your PropSentral advisor, before relying on them for a relocation decision.

Available Projects

24 projects on PropSentral

Loading map…

Click any pin to view project details. Map shows approximate locations.

Bristol Residences
Off-Plan
Serbia

Eagle Hills

Bristol Residences

Heritage District, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 4 Bed·Not disclosed in source payment plan·Not stated in source
BW Alegra
Off-Plan
Serbia

Eagle Hills

BW Alegra

Savamala, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Studio – 4 Bed·Not disclosed in source payment plan·Not stated in source
BW Azura
Off-Plan
Serbia

Eagle Hills

BW Azura

BW Marina, Belgrade Waterfront, Belgrade, Serbia

From€215K
1 – 5 Bed·Not disclosed in source payment plan·Coming soon — no completion date published
BW Bonaca
Off-Plan
Serbia

Eagle Hills

BW Bonaca

Kula Belgrade riverfront, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 4 Bed·Not disclosed in source payment plan·Not stated in source
BW Diva
Off-Plan
Serbia

Eagle Hills

BW Diva

Savamala, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Studio – 5 Bed·Not disclosed in source payment plan·Not stated in source
BW Emerald
Off-Plan
Serbia

Eagle Hills

BW Emerald

Heritage District, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 4 Bed·Not disclosed in source payment plan·Not stated in source
BW Garden Plaza
Off-Plan
Serbia

Eagle Hills

BW Garden Plaza

City centre, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 3 Bed·Not disclosed in source payment plan·Not stated in source
BW Hudson
Off-Plan
Serbia

Eagle Hills

BW Hudson

Riverline, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 3 Bed·Not disclosed in source payment plan·Not stated in source
BW Iskra
Off-Plan
Serbia

Eagle Hills

BW Iskra

Linear Park, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 3 Bed·Not disclosed in source payment plan·Not stated in source
BW King’s Park Residences
Off-Plan
Serbia

Eagle Hills

BW King’s Park Residences

Sava Park, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 3 Bed·Not disclosed in source payment plan·Not stated in source
BW Lena
Off-Plan
Serbia

Eagle Hills

BW Lena

Riverline, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 4 Bed·Not disclosed in source payment plan·Not stated in source
BW Luna
Off-Plan
Serbia

Eagle Hills

BW Luna

Kula Belgrade, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 3 Bed·Not disclosed in source payment plan·Not stated in source
BW Maestra
Off-Plan
Serbia

Eagle Hills

BW Maestra

Savamala, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Studio – 4 Bed·Not disclosed in source payment plan·Not stated in source
BW Nova
Off-Plan
Serbia

Eagle Hills

BW Nova

Linear Park, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Apartments·Not disclosed in source payment plan·Not stated in source
BW Queen’s Park Residences
Off-Plan
Serbia

Eagle Hills

BW Queen’s Park Residences

Sava Park, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Apartments·Not disclosed in source payment plan·Not stated in source
BW Riva
Off-Plan
Serbia

Eagle Hills

BW Riva

BW Marina, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 3 Bed·Not disclosed in source payment plan·Not stated in source (phase 1 sold out)
BW Riviera
Off-Plan
Serbia

Eagle Hills

BW Riviera

Kula Belgrade riverfront, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Apartments·Not disclosed in source payment plan·Not stated in source
BW Sava
Off-Plan
Serbia

Eagle Hills

BW Sava

Riverline, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Apartments·Not disclosed in source payment plan·Not stated in source
BW Sena
Off-Plan
Serbia

Eagle Hills

BW Sena

Riverline, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 4 Bed·Not disclosed in source payment plan·Not stated in source
BW Sonata
Off-Plan
Serbia

Eagle Hills

BW Sonata

Woodrow Wilson Boulevard, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Apartments·Not disclosed in source payment plan·Not stated in source
BW Topaz
Off-Plan
Serbia

Eagle Hills

BW Topaz

Heritage District, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 4 Bed·Not disclosed in source payment plan·Not stated in source
BW Victoria
Near Handover
Serbia

Eagle Hills

BW Victoria

Sava riverbank, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 3 Bed·Not disclosed in source payment plan·Developer: “soon ready for occupancy” — no date given
BW Vizia
Off-Plan
Serbia

Eagle Hills

BW Vizia

Linear Park, Belgrade Waterfront, Belgrade, Serbia

Price upon request
1 – 3 Bed·Not disclosed in source payment plan·Not stated in source
The Residences at The St. Regis Belgrade
Near Handover
Serbia

Eagle Hills

The Residences at The St. Regis Belgrade

Kula Belgrade, Belgrade Waterfront, Belgrade, Serbia

Price upon request
Branded residences·10% + 10% by 15 Dec 2026, remaining amount in stages until the end of 2028 (developer headline offer) payment plan·Developer: “soon to move in” — 20% due on handover

New to buying in Serbia?

See what the local terms mean, next to the closest equivalent in a market you know.

Frequently Asked Questions

Common questions about Serbia

What is the cost of living in Serbia for expats?

A single person typically budgets USD 1,200–2,400/month, and a couple USD 1,900–3,600/month, excluding property costs. Directional ranges only, not a verified budget. Belgrade is generally cheaper than Western European capitals.

What are the best international schools in Serbia?

Leading options include International School of Belgrade, British International School Belgrade. Belgrade has a small but established international school sector; Belgrade Waterfront has its own new school and kindergarten (developer pages).

What are the top hospitals and healthcare facilities in Serbia?

Leading facilities include Acibadem Bel Medic, MediGroup, University Clinical Centre of Serbia. Belgrade has public hospitals and a sizeable private sector used by expatriates.

Can foreigners get residency in Serbia by buying property?

Temporary residence for owners of real estate in Serbia (Law on Foreigners), per secondary sources. Threshold: No minimum value found in the sources checked — confirm current conditions with the Serbian Ministry of Interior or an immigration lawyer. Not independently verified for this platform

What is the typical rental yield in Serbia?

Gross rental yields typically range 4–6% per annum based on active listings on PropSentral. This is indicative, not a guarantee — see this market's own investment intelligence section for the full breakdown.

Is there capital gains tax on property in Serbia?

Not independently verified for this platform — confirm with a Serbian tax advisor

What is the climate like in Serbia?

Belgrade has four distinct seasons: hot summers, cold winters with occasional snow, and pleasant springs and autumns. Rain is spread through the year, peaking in early summer. Best months to visit: May, Jun, Sep, Oct.

What languages are spoken in Serbia?

The official language is Serbian. English is widely spoken in Belgrade, especially among younger people and in business and hospitality.

Answers are indicative, based on PropSentral's own market data and general guidance — always confirm current rates, fees and eligibility with a qualified local adviser before acting.

Ready to invest in Serbia?

Browse PropSentral's Belgrade Waterfront listings, then speak with an advisor about availability, prices and whether your nationality can buy in Serbia.

WhatsApp · Typically replies within 2 hours