In joining the European Union, Serbia has been improving the investment environment for many years and amending numerous laws to attract foreign investment. The purpose of the amendments to laws is to harmonize with the EU legislation and make Serbia a competitive investment market. This significant change has put Serbia in a high position on a list of countries, which investors worldwide consider when deciding where to invest.

Reason  1:  Investment  Freedom

Under Serbian laws, foreign investors enjoy investment freedom. Let us make clear at the beginning that a foreign investor is considered a company or an individual with a registered seat or residency abroad who invests in business activity in Serbia. It is paramount to clarify that foreign investors enjoy the same treatment as nationals for their investments in Serbia. It means they have the same treatment in matters of rights and obligations as Serbian investors unless otherwise regulated by Law on Investments. After paying all taxes and settling other commitments related to public revenues, foreign investors are free to transfer their income, such as dividends, fees for the use of IP rights, and additional funds related to the investment in Serbia.


The hotel business is one of our strategic investment areas. Here Marcxell Investment focuses on the budget segment in very central locations. With our investment ideas in Serbia, we are opening a new element in the established hotel market. It is a business opportunity that we have been preparing and pursuing for a long time.

Outside of today’s business logic, which essentially leaves a gap between hostels and classic budget hotels and produces mainly innovations in the high-end segment, Marcxell Investment wants to establish a concept that takes the productivity of the space and the customer experience to a new level. Our goal is to participate in the economic and tourist development of Serbia.


For several years we have been investing in existing properties and developing new construction projects in Northern Germany through the THI.Group.

Marcxell Investment wants to continue growing and looking for new projects, both land and developable properties.

If you are a developer yourself, you can also obtain mezzanine participation from us. We can even actively support “needy” projects. If you own or know of a property, you can contact us by writing to us.


Our investment in the development of projects and the rental of vacation properties is still concentrated in Florida (United States) and Hamburg (Germany), where Marcxell Investment is active via our subsidiary THI.Group.

If you own or can negotiate suitable land, projects or existing properties, please contact us. If you are a developer looking for a co-investor, we would be happy to be actively or quietly involved.


In individual cases, Marcxell Investment is also prepared to make our experience available as consultants. However, due to our capabilities, we limit ourselves to cases where there is the possibility of entrepreneurial participation or at least a performance-related remuneration in the subsequent course. Hourly consulting is not our business.

If you are interested, please get in touch with us, even if the business idea seems “exotic” to you; we are already involved, for example, in the supply of vaccines in Central Africa and the supply of medical equipment.

Fund    Management


Marcxell Investment‘s fund managers control and monitor the departments involved as well as the external service providers. In addition, they prepare regular fund reports for investors.

At the end of the month, the relevant fund figures are provided in a standardized report. Our reporting meets the usual requirements (in particular the BVI standard) and considers the individual needs of investors. The annual special assets report is prepared under the market standard and, after verification by the auditor, is sent to investors at the end of the fund’s financial year.

Marcxell Investment personally reports to the investors at least once a year at an investment committee meeting on the development of the special assets during the past financial year and the future direction and the corresponding forecasts.


As a private asset manager, Marcxell Investment has an obligation towards the investors. It ensures that all services related to the funds and the real estate are executed in the best possible way in the interest of the investors. The objective is the sustainable development of the value of the real estate portfolio and the achievement of the specified key performance indicators.

The fund management company draws up long-term planning models and permanent fund forecasts based on the relevant real estate figures. These are intended for the target/actual comparison of the fund’s performance and control and monitor the risk structure.

Marcxell Investment invests intending to promote the sustainable and economic development of the portfolio of assets, investments, and real estate to ensure the sustainability of the funds invested in each project. In addition, the fund management team develops long-term planning models and permanent fund forecasts based on the relevant real estate data.