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The vast majority of Arabs who come to Bosnia and Herzegovina for the first time feel the incredible closeness to this country because of its natural beauty, greenery and mountain snow, kindness and beauty of its people, its climate, delicious food and affordable standard, and because of its geographical position in the heart of Europe and the presence of an Ottoman-Islamic civilization. When it comes to safety it is, despite the war that ended two decades ago, one of the safest European countries, in contrast to what some would consider for monotone image you have created about her. All these indicate the elements have become a reason and have led to increasing Arab investments, especially those of the Gulf, in Bosnia and Herzegovina, a leading real estate investments have a word.

 

The question that most Arabs sets on arrival is: Do we own a property in this beautiful Muslim country that is from Vienna and Venice, just a few hours away by car?

The answer simply is: Yes, you can own a property in Bosnia and Herzegovina through limited liability company, the company can set up with capital not exceeding € 1,000. Also, you can buy property through companies registered in Bosnia whose activity is exclusively the field of real estate. On the other hand our company  El-Sagir is the only one that could allow foreigners to guarantee all the rights and benefits of the property owner, without starting a business and paying taxes.

 

Price of realestate in Bosnia and Herzegovina depends on the location, accessibility of services and approaches to the property, or in comparison with other European countries, the prices are quite affordable.

Finally, we added a few points that should be considered when buying real estate in Bosnia:

When shopping include confidential persons.

If you want to build a house or villas or just to invest for reselling, you need to include real estate agency registered for buying realestate in Bosnia in order to get through it the necessary paperwork and permits.

Check the purpose of the property, not the same properties that are purchased for holidays and those that are purchased for construction.

Tips for the end, if you intend to buy in Bosnia and Herzegovina it is the best time for it right now, because prices are rising and demand is increasing, perhaps as early as tomorrow you will not get a chance to buy a property that you like.

As you explore Sarajevo, you may find yourself wondering how a people who have suffered so much created such a vibrant, vivacious city. The capital of Bosnia and Herzegovina came close to complete annihilation in the 1990s but has bounced backed to become a premier travel destination and one of the most interesting cities in Europe. A living history museum, Sarajevo is filled with churches, mosques, cathedrals and government buildings constructed by Austria-Hungarians and the Ottoman Turks. It also is filled with charm, from the bustling city center to the cozy bars and coffeehouses and artisans' workshops. The village-like atmosphere quickly makes visitors feel comfortable, and many find themselves wanting to stay in Sarajevo much longer than they originally planned.

 How to buy?

The official property market in Bosnia and Herzegovina (referred to as BiH hereafter) is similar to that in other developing or emerging market countries: high-end construction, investment and sales transactions occur, generally between multinational companies or foreign individuals with access to equity or external financing and established legal procedures.

Real estate agencies exist only in major cities and towns like Sarajevo, Tuzla etc, handling mostly residential sales and apartment and office rentals in the official market.

The following sentence is worth to remember - because we are often advicing our clients what to buy - "Foreign investors have the same owner's rights on real estates as Bosnia and Herzegovina nationals". 

Therefore - it is sometimes very clever and much easier to purchase property in BiH. Properties in BiH are in principle much cheaper, costs of living are a considerably lower than in other Balkan countries, and still - you can be in just a half an hour on the beautiful beaches.

Permission for purchase is not required. A serious drawback in other Balkan countries is the need to apply for permission to buy - from the government. This process can drag on for 1-2 years with resultant problems in utility connection and rentals. No such requirement exists in BiH.
  
Process of purchasing a freehold property is going in folowing steps:

"EL SAGIR" d.o.o. Sarajevo is a company founded in 2008 as a result of the founders desire to lead a secure, effective and professional way of real estate transactions, following the example of the most advanced real estate markets abroad.

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