Djoko Krivokapić, Dipos director:There is a waiting list for state-owned villas

All villas managed by Dipos are currently leased, even the largest and most expensive one with monthly rent of 12,000 euros, said the director of this property management and rental company Djoko Krivokapić and added that Dipos, which manages 354 state-owned buildings, has 20 –  30 inquiries on the waiting list

Djoko Krivokapić, Dipos director

“We all thought that the coronavirus pandemic would affect our business,” Krivokapić told Večernje Novosti, adding that they were in a way surprised to have ended last year with 15 times more profit than anticipated in the amended business plan.

“The incredible 98.57 per cent was recorded for the rented property at the end of March. The percentage of collection of receivables, which previously used not to exceed a third, also amounted to 85.7 per cent in March this year”, he said.

“All apartments and houses we manage at this moment have been rented, including our largest villa with approximately 1,800 square meters, with monthly rent of 12,000 euros. We did not have any lease cancellations. On the contrary, there are many new inquiries,” Krivokapić told Večernje Novosti.

Krivokapić says that all buildings are rented through  web site, that Dipos is obliged to first offer available real estate to the diplomatic and international business community, and if it is not rented to this group- to domestic tenants.

This year Dipos marks 60th anniversary of the establishment and construction of the Diplomatic Colony. A square meter in this prestigious area, which consists of 26 houses, costs 10-12 euros, while the company also offers emergency technical service to its tenants.

Mr. Krivokapić believes that this is exactly what helped them survive in the competition of 1,100 registered real estate agencies in Serbia and private individuals operating in this field.

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