1. Europe, Serbia, Novi Pazar
FA-EN-BI d.o.o.
Novi Pazar
Serbia
Tel:
Residential-business area project OZONHILL possibility up to sqm2
Europe, Serbia, Novi Pazar

2. Location Distance Europe, the Western Balkans, the Republic of Serbia
In km
Belgrade – the capital of the Republic of Serbia
280 airport
Skopje – the capital of the FYRM
189 airport
Podgorica – the capital of the Republic of Montenegro
219 airport
Sarajevo – the capital of The Federation of Bosnia and Herzegovina
Pristina – airport
109 airport
Kopaonik– the largest winter tourist center of South East Europe 45
Airport - Kraljevo, Republic of Serbia
95 airport
Europe, the Western Balkans, the Republic of Serbia
Novi Pazar - center of the Sandzak region with about 700,000 inhabitants

3. Basic site information
Neighborhood called “Parničko brdo” is 2.5 km far from Novi Pazar
It has a view of the slopes of the mountains: Kopaonik, Rogozna, Golija and Turjak
It has a view of the the monastery “Đurdjevi stupovi”
It is located at about 600 meters above sea level
It is separated from the town by aseveral-decade old pine forest
It stretches over several hectares and is owned by the state, which is why this place is called "lungs of the city" and "Air spa"

4. Why to invest in Ozonhill?
Market Analysis
Town of Novi Pazar has 150,000 inhabitants center of the region which has a population of people from the area.
Novi Pazar is a student town.
The region has the largest diaspora, hundreds of thousands of people in Europe and over 1.5 million in Turkey, which are in fact the best buyers of real estate in our region.
Novi Pazar is one of the youngest towns in Europe. Average age of the population is 33 years, the town with the numerically significant population of young people,who are surely the future potential buyers of residential buildings.
This is a town with traditionally the most expensive land in Serbia and interestingly with the most stable average price of housing in the country, in the last fifteen years, ranges from 900 to 1,200 euro / sqm2, but for office space up to 4,000 euro / sqm2.
For bying the realestate in Novi Pazar not only the residents of the near cities,butalso our diaspora living and working in European cities and are apx 2milion.
Also,the eminent experts from UAE have shown that the buyers could be also Arabs,because in Novi Pazar  there are 70 masjids and over 90% are Muslims peoples. Allthe restaurants are HALAL,beautifull natur, air,rivers,mountains,that for the peoples represent enjoyments and quality of the life.

5. Description Of The Project
“Ozonhill” is designed as a modern project on an area of sqm2 with over 150 projected urban plots on which it is planned to build 200 housing, hundreds of flats, units and supporting facilities (office space with sports and entertainment facilities – megamarket with a mini business center and the accompanying facilities)
On this location building can be done by the following structure:Po+Su+Pr+2Sp+Pk, but in exceptional occasions Po+Su+Pr+4Sp+Pk, which means that if gleud houses are built, thenduplexes, triplexes or ,because of ideal slight slope of the terrain andhouse divisible vertically and horizontally with bottom and top entrance, business areas with sport-recreational and entertaining character could be built.
If only blocks of flats where on one part of the plot was a business center with a hypermarket (Novi Pazar is the only town of its size in Serbia that doesn’t have a single shopping center), which would be a mini city, modeled like similar projects in other major cities, were built - it would be possible building permit to build the entire 168,000 square meters.
The land is legally property regular 1/1, it is the general detailed plan of the city and urban development have been resolved and it is possible to start with the project and works straight away.

6. FINANCIAL ANALYSIS
We haven’t done the main project because we expect a business partner who would give his suggestion in line with his budget or an adequate buyer for the whole parcel.However, according to the eminent experts from the civil engineering industry:
The cost of the system "turnkey" would be from 315 to 480EUR / sqm2 with paid utility taxes,and charges for a building permit, with no infrastructure,depending on the quality of construction, what would make a totalinvestment of designing 168,000 sqm2 of 52,920, to 80,640,000 euro + cost of infrastructure (water, electricity and access roads whose financing would involve the local government – town too).
The value of infrastructure (electricity, water,sewage and redevelopment of roads, depending on the agreement with the local government) would be in the range of 40 to 45 euro / sqm2.
The value of land is 7,125,000 euro. Which accounts abouth 8,8% of the value of total investment (I would change for real estates in Dubai in that amount).
According to eminent experts in the area of real estate, this project is an excellent business opportunity!
The cost with no infrastructure and land values expressed in euro
The minimum selling price in euro
Projected gross earnings in euro
Per sqm2
600–710
For sqm2 – –

7. PERIOD OF COMPLETION
Given that the project is ready for implementation (construction is permitted and the allotment is executed, the road network is completed without the final base).
The project is in the planning documents of the town of Novi Pazar. The project has no restrictions of any kind (mortgages, the prohibition of disposal etc).
The expected time for completion of the project should be at most 5 years from the commencement of works.
There is a possibility of completing the project in 3 to 6 separate stages, except that in the first phase infrastructure, sports, recreational and entertainment facilities, office space as well as part of the residential units, would be built.