Project Overview
OzonHill is a modern urban development project covering 100,000.00 m² of land in Novi Pazar, Serbia.
The project will include over 260,405.91 m² of housing, commercial, and recreational spaces.
Planned Features:Shopping Mall, Hotel, Office Spaces, Sports Facilities, Schools, Hospitals, and more
Modern Design
Our architects have carefully planed each part of this project making it modern and appealing.
Customizable
OzonHill can be a subject of changes and you can addopit it according to your needs and whishes.
Great communication
All the important facilities are near - five minutes away from school, university and hospital.
Great location
OzonHill is near the center of Novi Pazar and is surrounded by moutains and rivers.
Privacy matters
Privacy is very important to us, and OzonHill is putting it on the next level.
Your investment pays off
The expected time for completion of the project should be at most 5 years from the start of work.
OzonHill
Is a project of the FA-EN-BI company and its founder and owner, Enver Šukurica.
OzonHill is designed as a modern project on an area of 100,000.00 m² with over 150 projected urban plots on which it is planned to build over 260,405.91 m² of housing and supporting facilities which include a shopping mall and hotel; office space; sports and entertainment facilities, a mini business center and accompanying facilities. Hospitals, kindergartens, schools, and other important facilities can be built also if needed.
Project OzonHill
Square meters of land
Square meters of living space
Project description
Modern and Comprehensive DesignResidential and supporting facilities, including a shopping mall, office space, and hotel.
The project is ready for implementation which means that the construction of Ozonhill is permitted and the allotment executed, the road is completed although without the final base.Potential for more development such as schools, kindergartens, and hospitals. Flexibility to adapt the project according to investor needs and market demand.
Great Location: Situated 2km from the center of Novi Pazar, surrounded by mountains with view at town. Excellent communication: key facilities (school, university, hospital) are just five minutes away.
Project Size: 100,000.00 m² land, 260,405.91 m² of living space, panorama hotel, shopping mall, hospital, kindergarden, sports and recreational center and many more.
Modern Architecture: Designed by expert architects, combining aesthetic appeal and functionality.
Privacy and Sustainability: Special attention to privacy for residents, environmentally friendly features.
Proximity to Key Areas: 1.9 km from Novi Pazar city center, surrounded by mountain slopes (Kopaonik, Rogozna, Golija, Turjak), known as "The Lungs of the City" due to the nearby pine forest and fresh air.
General project overview
Total area of the land: 100,000.00 m²
Total gross construction area: 260,495.16 m²
Total net saleable area: 207,273.84 m²
Total investment for the entire project (traditional model): 213,497,195.57 €
Total revenue from sales: 534,046,887.70 €
Total expected profit: 320,549,692.13 €
Phased investment plan
Phase 1 |
Phase 2 |
Phase 3 |
|---|---|---|
|
30% of the total complex (first third of the construction) Gross investment: 57,330,000 € Saleable area: 69,091 m² Expected sales revenue: 160,214,066€ |
30% of the complex (second third) Gross investment: 57,330,000 € Saleable area: 69,091 m² Expected sales revenue: 160,214,066€ |
40% of the complex (final phase) Gross investment: 98,837,195 € Saleable area: 69,091 m² Expected sales revenue: 213,618,755€ |
Financial and Market analysis
Market Analysis
Novi Pazar is a growing industrial hub with 150.000 inhabitants and a regional population of 800.000 citizens.High demand from the local diaspora (1 million people in Europe, 2 million in Turkey).
Novi Pazar is a university center with a youthful population and strong real estate market.
Housing prices range from 1,800 to 2,200 euros m², with office spaces up to 4,000 euros m².
Investment Potential
Novi Pazar’s real estate market is one of the most stable in Serbia.Strong demand for high-quality housing and office space.
Potential for Long-Term Returns:With an expanding market, low-risk investment, and strong demand for residential and commercial spaces.
Partnership and Customization:Open to partnerships or offers from investors to complete the project according to their budget and needs.
OzonHill: A Game-Changer- A modern, sustainable town that will transform Novi Pazar’s urban landscape. Promises high-quality living and business spaces, boosting the local economy and quality of life.
Future Vision:A mini-city with everything residents need within reach.A unique opportunity to invest in a growing, dynamic market.
PRESALE MODELS FOR APARTMENTS
Model 1: 5-Installment Payment System
Buyers pay for the apartment in 5 advance stages, depending on construction progress.
Investor advantage: Can reduce required capital from 57,330,000 € to 28,750,000 € per phase.
Liquidity: Funds are injected successively to finance construction.
Expected sales revenue: 160,214,066 €
- First installment (20%) – paid when excavation and groundwork begin.
- Second installment (20%) – paid when the structure reaches the second floor.
- Third installment (20%) – paid when the final floor of the building is under construction.
- Fourth installment (20%) – paid once the facade and windows are installed.
- Fifth installment (20%) – paid upon full completion, just before move-in.
Model 2: Bank-Backed Mortgages for Buyer
Buyers finance their apartment purchase with a mortgage. The bank pays the investor in stages, similarly to Model 1, but includes interest and profit margin since buyers repay the loan over 15–20 years.
This is also a favorable model for the investor because for 70,000 m², instead of investing 53,330,000 €, they would only need to invest 28,750,000 €.
Model 3: Bulk Buyers and Investors
Some buyers (typically traders) purchase multiple apartments in advance, knowing that once the project is completed, property values will increase by 30–45%.
They are willing to pay 100% of the price upfront during the early phase of construction, in exchange for a 10%-20% discount as discussed with investors.
Model 4: Compensation/Barter Agreements
A large share of the residential-commercial area can be traded as compensation to construction suppliers. For example, instead of paying contractors in cash for windows, doors, ceramics, heating, facade works, etc., the investor offers them apartments worth 70% of the market value, and pays the remaining 30% in cash.
This well-established contractual system minimizes the investor’s need for upfront capital, preserving their budget for other strategic investments.
FINANCIALS ANALYSIS
CONTRUCTION COST |
|||||
|---|---|---|---|---|---|
| Position description | Value(m²) | Construction cost(€/m²) | Total(€) | 11% to the plot owner(€) | Total(€) |
| The total gross area of the residential Villas | 12,706.15 | 865.00 | 10,990,819.75 | 95.15 | 1,208,909.17 |
| The total gross area of the residential buildings | 191,937.56 | 715.00 | 137,235,355.40 | 78.65 | 15,095,889.09 |
| The total gross area of the business buildings | 55,762.20 | 715.00 | 39,869,973.00 | 78.65 | 4,385,697.03 |
| The total cost of the ground floor arrangement | 25,360.80 | 43.00 | 1,090,514.53 | 4.73 | 119,956.60 |
| Total value of the Construction cost | 189,186,662.68 | ||||
| 11% to the plot owner | 20,810,532.89 | ||||
| Compensation to the plot owner | 3,500,000.00 | ||||
| The total cost of constructing the complex | 213,497,195.57 | ||||
SALES |
|||||
|---|---|---|---|---|---|
| Position description | Value(m²) | Construction cost(€/m²) | Total(€) | ||
| The total gross area of the residential Villas | 10,941.43 | 2,400.00 | 26,259,432.00 | ||
| The total net area of the residential buildings | 149,787.28 | 1,965.00 | 294,332,005.20 | ||
| The total net area of the business buildings | 46,547.13 | 3,850.00 | 179,206,450.50 | ||
| The total number of garage places of the residential buildings | 1,771.00 | 14,500.00 | 25,679,500.00 | ||
| The total number of garage places of the business buildings | 591.00 | 14,500.00 | 8,569,500.00 | ||
| Total sales amount | 534,046,887.70 | ||||
PROFIT |
|||||
|---|---|---|---|---|---|
| Total sales amount | 534,046,887.70 € | ||||
| The total cost of building the complex | 213,497,195.57 € | ||||
| Total profit | 320,549,692.13 € | ||||
What is near?
LOCATION
Europe Informational Map
Europe, the Western Balkans, the Republic of Serbia.
Novi Pazar is a city of nearly 150.000 citizens and the cultural and economic epicenter for around 800.000 citizens of this region.
Novi Pazar is a university center that people also call the city of youth.
Distace in km
| Airport Kraljevo | 95km |
| Airport Pristina | 109km |
| Belgrade, the capital of the Republic of Serbia | 280km |
| Skopje, the capital of the FYRM | 189km |
| Podgorica, the capital of the Republic of Montenegro | 219km |
| Sarajevo, the capital of The Federation of Bosnia and Herzegovina | 280km |
| Kopaonik, the largest winter tourist center of South East Europe | 45km |
The land is located at a distance of 1.9km from the city center of Novi Pazar and has a view of the slopes of the mountains Kopaonik, Rogozna, Golija, and Turjak. With an altitude of 600 meters above sea level and it is separated from the town by a several decades old pine forest, which stretches over several hectares and is the reason why people call the place “the Lungs of the city” and “air spa”.
Contact Info
- Phone: +381 65 86 99 999
- Mitrovacka bb, Novi Pazar, Serbia
- mujenn@yahoo.com
The company "FA-EN-BI" d.o.o. is headquartered in Novi Pazar and its business activity has lasted for almost two decades. Up until now the company has had a wide range of business activities with an emphasis on investment in construction and real estate.