Spectator on facebook

Spectator on facebook

In a wage vs. housing comparison, Bratislava is among the most expensive in Europe

In a poll evaluating 18 European cities, the Slovak capital is, together with Prague, the most expensive when accommodation vs income is considered.

Zvolen - it makes a difference where the housing estate lies.(Source: Sme - Ján Krošlák)

The most living space for an average monthly wage, 1.3 square metres, can be obtained in Edinburgh, Scotland. On the other hand the figure for Bratislava is 0.36 and for Prague 0.37, metres square, the Sme daily wrote on May 9, citing the European Housing Report 2017 from the RE / MAX company.

The poll evaluated 18 European cities, comparing the income of local inhabitants according to the Eurostat data, and the price per square meter of living space, providing the data for the report.

The five most expensive cities include, apart from Bratislava and Prague, Luxemburg, Paris and Bucharest. At the other end of the scale were the cheapest metropoles, like Athens, Madrid, Amsterdam, Rome and Lisbon.

The poll also showed that in all countries, there are big differences in real estate prices between the countryside and the capital.

On average, a square meter of a real estate in a European capital is 64 percent more expensive than in the rest of the country.

However, these differences are huge in some countries: it is biggest in Prague where the price of a flat is a 2.8 times the average price in the country. In Paris it is 2.7 times greater and in Bratislava it is 2.6 times the average price compared with the rest of the country.

Topic: Real Estate


Top stories

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.

Slovak water slalom racers won seven medals

Young Slovak talents made the hearts of sports fans race with their performance at the World Championship in water slalom.

Marko Mirgorodský

Austrian Ambassador: The normalisation of our relations has grown

Most people want the EU to exist in the future – we just have to mobilise this majority and not take things for granted, says Austrian Ambassador to Slovakia Helfried Carl in an interview with The Slovak Spectator.

Austrian Ambassador Helfried Carl

Fico for better fish fingers

It’s true that in the past four months, Mr Fico has been comparatively less busy than his Visegrad Group partners.

Austrian fish fingers angered PM Fico.