DEVELOPERS in Slovakia recently announced a cut in the price of luxury apartments, which means real estate prices probably won't rise soon.
In addition, the financial crisis has had some initial effects in Slovakia, though its intensity has been dampened by the influx of new investment, increased employment, higher real incomes and economic growth, which is among the highest in the European Union.
It's at this crucial time that The Slovak Spectator offers readers the autumn edition of its Real Estate & Construction Guide, which examines a market that has undergone drastic change since the guide's spring edition.
The autumn edition features opinions from key players on the real estate market, whose predictions were made more difficult by the current situation, in which the ground rules for how the market operates may have to be re-defined.
The Real Estate & Construction Guide is a comprehensive manual for the Slovak real estate and construction market that's in English and full of interviews providing expert analysis, information about trends, current and future projects, comparative charts of real estate prices according to region and useful contacts in the real estate sector.
The publication was designed by Martin Vančo, the art director for the Petit Press publishing house, and the editorial team was led by Beata Balogová, The Slovak Spectator's editor-in-chief.
I believe that the autumn edition of the Real Estate Guide 2008 is an interesting read that will satisfy the needs of even the most demanding reader.