How did the latest pandemic influence the real estate market?
During isolation, we learned to appreciate everything we used to ignore before. This pandemic has mainly taught us that we should not wait for upheavals in order to understand what is essential. Instead, we should live a fulfilled and happy life every day. The entire last year has placed a big question mark on many aspects of our lives, but it seems that things are finally getting better.
Real estate investment is safe
The real estate market is not in as much trouble as it might seem. If you are wondering what your next move should look like, we suggest you stick to the plans you’ve made prior to the pandemic. Invest in a safe investment and it will pay off. While being stuck at home, we learned to look at the world differently. Real estate has proven to be the most reliable market! The year that is now behind us has changed the value of most products, services and businesses in general. The economic downturn shook the planet but strengthened the value of the real estate market. Although the virus slowed down the market in terms of construction, interest in real estate in Belgrade has not stopped. Alongside vaccination came hope that life would slowly return back to normal. As a result, the number of potential property buyers has increased. Usually, people with stable finances and those who have a good understanding of money circulation are the ones focused on purchasing apartments as an investment. The high demand that makes real estate prices in Belgrade grow on a yearly basis shows that this type of investment over a more extended period seeks to provide you with a significant financial gain through renting.
Real estate as an investment now has multiple meanings
The pandemic forced us to work from home. For most businesses, office space has almost lost its significance. Employees are achieving better results while working from home, where the atmosphere is much more relaxed. The value of buying an apartment during current circumstances has doubled. This decision applies equally to the financial, private, and business aspects of our daily lives. Due to an increase in employee productivity while working from home, many companies decided to make this option permanently available. Many employees enthusiastically accepted this possibility. In the real estate market, apartments are organized in such a way that makes them suitable for working from home. The new building BW Quartet 3 in the Belgrade Waterfront complex forms a spacious private yard representing the green heart of the complex, conceived as a safe and quiet haven for tenants and those who work. In addition, each apartment is extremely rich in daylight, which for many is one of the critical factors when it comes to buying an apartment.
Real estate is more stable than ever
Along with the pandemic came the issue of money devaluation. May you say that you have never wondered what would happen in the field of finance? More than ever before, secure investment has become the goal towards which we all strive. Due to its importance and value, real estate has an increasing and more influential role in human life. Many businesses have relocated and completely reorganized their businesses. Apartments have become new private spaces! The value of real estate never falls and is always stable. The pandemic has doubled that value and has given it a new dimension. The security bastion is now measuring in squares. In the post-pandemic period, buying an apartment in Belgrade Waterfront; a monumental urban revitalization project worth $3 billion, seeking to become a new city center and a new international destination, has double the value.
Attractive real estate is a long-term benefit
If you pay attention to the criteria when buying an apartment, its value and profit will increase over time. Covid-19 clearly showed us the priorities we can’t live without but also showed us what luxury is. Top-quality property in an attractive location, built to keep up with the steps of modern life, will become one of the most sought-after properties in the market. Apartments in Belgrade Waterfront are characterized by exceptional quality, unique location, and excellent connections with the most critical places in the city. The emergence of the virus has placed basic human needs at the top of the list of priorities. The concept of the modern organization of life available in this urban locality has made real estate even more valuable because of its position. As the given circumstances have proven that real estate is the most profitable investment, the market started rising again. Before deciding to purchase an apartment, it is essential to get well informed to ensure multiple benefits. Always engaging, the Serbian capital is becoming increasingly crucial for the region. Investing in the future, always looking ahead!
For more information about the property, fill out the form and our property advisor will contact you