In a step that enhances its growing project footprint around the world, Green Valley International Real Estate-- one of the leading real estate companies in the area, has announced the launch of Salam City, an iconic domestic project in Sarajevo, Bosnia.

The Salam City project , to be constructed at an expense of AED 160 million, will include 300 luxurious villas and spread across a total area of 134,000 square metres. It is tactically located on the hill of Donja Vogoa, among the most attractive spots in the entire area, and is 17km from the airport and 15 km from Downtown Sarajevo.

The project, Green Valley's 3rd in Bosnia, also includes a four-star hotel with complete series of hospitality services, and other way of life leisure and amenities such as open pools, health club, restaurants, cafes, supermarkets, mosques, tennis and basketball courts.

The villas are of various sizes to fit various consumer requirements, while the hotel provides convenient villa leasing facilities for its financiers. The launch belongs to Green Valley's technique to use GCC nationals the opportunity to buy homes outside the Gulf.

Mr Ali Saeed Al Salami, General Manager of Green Valley Real Estate, said: "Bosnia uses unrivaled returns on investments and Green Valley's increasing portfolio in the country is a testament to this. The Salam City project uses exceptional growth potential for financiers looking for best traveler destinations for investments. This is a proud addition to Green Valley's renowned and luxurious projects across the globe."

As one of the leading players, Green Valley intends to take its expertise on a worldwide scale to strengthen its market know-how as well as strong basics through such projects. The launch of Salam City comes close on the heels of its earlier projects in Bosnia. This consists of the Green Valley City and The Martyrs substance also situated in Sarajevo.