Construction

A record city budget, a new city district and major infrastructure projects — Trebinje is one of the largest construction sites in Herzegovina.

78.85m KM

record city budget 2026

380ha

Novo Trebinje

+8%

construction revenue growth 2025

5days

for a building permit

Major projects

About 2,700 flats on the first eighth of the area and a KM 3.5 m access road.

Opened in January 2026 — the largest project in Herzegovina in 40 years.

Serbia is ready to invest over €200 m — permits are in progress.

A project worth about KM 5 m.

An investment of about KM 16 m.

Eastern bypass, Crkvina reservoir, new roads.

Item	Amount
Average final construction price (rent base)	1.599,90 KM/m²
Rent — zones I to VI	115,19 – 16,00 KM/m²
Development fee — zones I to VI	138,53 – 59,66 KM/m²
Location conditions / building permit	5 / 5 days
Occupancy permit	technical inspection 15 + 8 + 5 days

Details: Cost of doing business.