Spectator on facebook

Spectator on facebook

Bratislava’s flat prices unlikely to fall in coming years

Experts say flat prices in Bratislava will not decrease within the next three or four years. On the contrary, prices are to expected to rise slowly but steadily.

Martin Lazík, secretary general of the National Association of Real Estate Agencies, said price growth in Bratislava should remain stable this year, increasing by about 10 to 15 percent by the end of 2007.

"The prices of flats started growing more quickly in 2006 due to the strength and wealth of the Slovak economy,” he said.

“This growth was also caused by the arrival of several foreign companies and individual buyers. The current situation in the economy is similar. Middle-sized projects or large planned residential projects may influence the growth of apartment prices," said Lazík.

He added that he does not expect a steep price increase with 20 to 25 percent being the upper limit.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.