Life in Šeher - Why buying property in the capital of Bosnia and Herzegovina is the best decision
The unique combination of culture, economic growth, the possibility of passive income, and affordable prices makes Sarajevo one of the most attractive cities for real estate investment in the region
“Whenever you glance at Sarajevo, no matter the time of day or from any of its hills, you always and unintentionally think the same. It is a city that decays and dies, and at the same time, is being born and transformed. Today, it is the city of our greatest aspirations and efforts, and of our boldest desires and hopes.” - Ivo Andrić
A more dynamic life and the possibility of easier job opportunities in one’s field are the main reasons many choose to move to a big city. From cultural to sports events, favorable conditions in terms of education, work, and social life, these are just some of the opportunities that the capital of Bosnia and Herzegovina offers.
Sarajevo can be briefly described as a unique multicultural community. It is one of the few cities in Europe where the best of the East and West meet. In fact, there are very few cities in the world where you can find a mosque, synagogue, Orthodox church, and Catholic church within a short walk. In the heart of the city lies Baščaršija, with its cobblestone streets, mosques, and Oriental-style shops. Notable landmarks include the Latin Bridge, Vrelo Bosne, the City Hall, and Morića Han – the only preserved Ottoman inn in Sarajevo. People come to Sarajevo not only for its rich history but also for its hedonism, delicious food, and entertainment.
Compared to cities in the interior of Bosnia and Herzegovina, our capital offers much more to young people in search of better economic and social status. When you add the vibrant history and unique architecture of the city, it’s no surprise that Sarajevo is a highly attractive place to live.
If you are currently at a major life crossroads, considering investing and purchasing property, and are looking for a highly attractive location that offers numerous benefits, continue reading our article to discover all the reasons why buying real estate in Sarajevo is the best decision you will make.
Economy and Development
Sarajevo is the heart of political and economic activity in the country. As the capital, it gathers many institutions, organizations, and large companies, which attract employers and the workforce. The demand for real estate in Sarajevo is growing due to the gradually improving labor market. Increased investments in infrastructure and development projects contribute to a stable economic climate, providing potential for real estate value growth.
Developed Educational System
Another reason for relocating and purchasing property in Bosnia and Herzegovina’s capital is the University of Sarajevo, which comprises 22 faculties, 3 academies, and five scientific research institutes. Students have access to exceptional lecturers in the fields of medical, technical, social, natural-mathematical, and biotechnical sciences, as well as the arts.
Developed Infrastructure
One aspect that further enhances the attractiveness of real estate is the well-developed infrastructure. The capital has a quality public transportation system that includes trams, buses, and trolleybuses. This connectivity allows for easier access to important places such as business and shopping centers, educational institutions, hospitals, banks, and more. In recent years, many new residential and commercial buildings have been constructed in the city, along with infrastructure like bike lanes, pedestrian zones, and parks. These investments make the city more attractive for living and business.
Growing Tourism
Sarajevo boasts a rich and continually developing tourist offering. Tourists are drawn not only by the natural beauty but also by the gastronomy, events, and diverse cultural activities. The growing number of tourists in the city opens opportunities for short-term property rentals, allowing investors to generate additional income. The city hosts many festivals, such as the Sarajevo Film Festival and Baščaršijske Nights, making it an increasingly popular destination. Buying property in this context can be seen as an opportunity to generate income by renting to tourists, especially during peak demand periods.
More Affordable Real Estate Prices Compared to Other European Cities
Compared to other European cities, real estate prices in Sarajevo are still relatively affordable. This presents a great opportunity for purchasing, whether it is for a first property or an investment in commercial space. With the right approach and advice, it is possible to find quality properties at still affordable prices, providing an additional incentive to buy.
Natural Environment
One often overlooked aspect of city life is the proximity to nature, and Sarajevo offers a unique opportunity to combine urban living with natural beauty. The city is surrounded by mountains and greenery, offering a wide range of activities year-round. By purchasing property in Sarajevo, you are not only investing in physical space but also in a lifestyle that relies on all the benefits nature has to offer.
The unique combination of culture, economic growth, the possibility of passive income, and affordable prices makes Sarajevo one of the most attractive cities for real estate investment in the region. With the city's development and the aim to improve the quality of life, it is clear that buying property in Sarajevo is not only an investment in real estate but also in the future.
Ena-Lemana S.