Warsaw · Belgrade · Skopje

Capital with conviction in the
Balkan growth corridor.

A Polish investment firm acquiring undervalued residential and commercial real estate across Serbia and North Macedonia — two of Europe's fastest-converging property markets.

Speak with our team Explore the markets
€140M+Assets under acquisition
320+Units acquired
2Core markets
11.8%Avg. target gross yield
City skyline at dusk
Est. 2014 Warsaw, Poland

The firm

Polish discipline, Balkan opportunity.

Dom Zamek was founded in Warsaw to give investors structured, professionally-managed exposure to the Western Balkans — markets where strong fundamentals and EU-accession momentum have not yet been priced in.

We operate end-to-end: sourcing off-market deals, underwriting with local data, navigating title and tax, and managing the asset through to exit. Every acquisition is held to the same standard our Polish principals apply at home.

  • On-the-ground teams in Belgrade and Skopje
  • Full legal, title and due-diligence handling
  • Residential, mixed-use and commercial mandates

Our markets

Two markets. One thesis.

Serbia and North Macedonia sit at the centre of South-East Europe's growth story — rising incomes, urban housing shortages, and valuations that remain a fraction of EU averages.

Serbia

Belgrade and Novi Sad anchor a deepening market driven by tech, infrastructure and a returning diaspora. We focus on prime residential and income-producing commercial assets.

BelgradeNovi SadResidentialCommercial

North Macedonia

Skopje offers some of the region's most attractive entry pricing and rental yields. We target regenerating urban districts and new-build inventory with strong tenant demand.

SkopjeOhridBuy-to-letDevelopment

How we invest

A disciplined acquisition process.

01

Source

Off-market and broker channels in both countries surface deals before they reach the open market.

02

Underwrite

Local comparables, yield modelling and on-site inspection define a defensible entry price.

03

Acquire

Our legal teams clear title, structure the purchase and close — handling every cross-border detail.

04

Manage & Exit

Active management, leasing and selective refurbishment build value through to a planned exit.

Selected portfolio

Representative acquisitions.

A sample of the residential and commercial assets in our managed portfolio across the region.

Residential propertyBelgrade

Vračar Residences

Residential · 24 units

Target yield 9.4%

Modern villaOhrid

Lakeside Villas

Residential · 8 villas

Target yield 12.1%

Apartment blockSkopje

Centar Apartments

Buy-to-let · 40 units

Target yield 13.0%

Commercial interiorNovi Sad

Danube Commercial

Mixed-use · 3,200 m²

Target yield 10.6%

Considering exposure to the Balkans?

We work with private investors, family offices and institutional partners. Tell us your mandate and we'll share current opportunities.

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Get in touch

Let's talk.

Reach out for an investor deck, a market briefing, or to discuss a specific acquisition. We respond within one business day.

hello@domzamekrealestate.com.pl