Spectator on facebook

Spectator on facebook

Foreigners buying Slovak real estate

FOLLOWING Slovakia's entry to the EU, the number of foreigners buying Slovak real estate has risen, the SME daily wrote.

Limitations on what Slovak real estate foreigners can buy remain only in the area of agricultural and forest land. Flats and houses, however, can be sold without restrictions. These commodities are particularly popular with British and Irish nationals, who often finance their purchases with mortgage loans from Slovak banks.

Jozef Šimek of the Lexxus real estate agency said that demand for new flats in Slovakia's capital city remains high, and outstrips supply by 40,000 to 50,000 units. In his opinion, the prices of new flats in Bratislava will continue to rise.

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

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.