Green Valley Real Estate unveils AED 160 million, 300-villa Salam City project at Sarajevo in Bosnia

• Project spread across 134,000 square meters with a four-star hotel
• Green Valley aggressively spreading its footprint across the globe

In a step that reinforces its growing project footprint across the globe, Green Valley International Real Estate – one of the leading real estate companies in the region, has announced the launch of Salam City, an iconic residential project in Sarajevo, Bosnia.

The Salam City project, to be built at a cost of AED 160 million, will encompass 300 luxurious villas and spread across a total area of 134,000 square meters. It is strategically located on the hilltop of Donja Vogošća, one of the most picturesque spots in the entire region, and is 17km from the airport and 15 km from Downtown Sarajevo.

The project, Green Valley’s third in Bosnia, also includes a four-star hotel with complete range of hospitality services, and other lifestyle recreation and amenities such as open pools, health club, restaurants, cafes, supermarkets, mosques, tennis and basketball courts.

The villas are of different sizes to suit various customer requirements, while the hotel offers convenient villa leasing facilities for its investors. The launch is part of Green Valley’s strategy to offer GCC nationals the opportunity to invest in properties outside the Gulf.

Mr Ali Saeed Al Salami, General Manager of Green Valley Real Estate, said: “Bosnia offers unmatched returns on investments and Green Valley’s increasing portfolio in the country is a testimony to this. The Salam City project offers excellent growth potential for investors looking for perfect tourist destinations for investments. This is a proud addition to Green Valley’s iconic and luxurious projects across the globe.”

As one of the leading players, Green Valley aims to take its expertise on a global scale to reinforce its industry expertise as well as strong fundamentals through such projects. The launch of Salam City comes close on the heels of its earlier projects in Bosnia. This includes the Green Valley City and The Martyrs compound also located in Sarajevo.