Petrovaradin

Petrovaradin looks back at Novi Sad from the far bank of the Danube, crowned by its vast 18th-century fortress and the iconic clock tower that watches over the river. Each summer the ramparts host the EXIT festival, and year-round the old-town lanes below, the hillside greenery and the riverside paths give the district a bohemian, artistic character distinct from the city across the bridge. Artists, creatives and families are drawn to its atmosphere, views and quiet. For investors the appeal is tourism and short-let demand alongside characterful housing with solid yields; the cautions are reliance on tourism, hilly and dispersed terrain, the cost of renovating heritage buildings, and Serbia's exposure to EU and regional economic cycles.

Petrovaradin in Novi Sad, Vojvodina, Serbia