Parking policy could affect the real estate market in Bratislava

Views of real estate analysts differ over the impact of the parking policy.

Parking in Bratislava now.Parking in Bratislava now. (Source: TASR)

The launch of a city-wide parking policy from the beginning of 2021 could affect the future real estate market in Bratislava. It is possible that the demand for housing in neighbouring villages, from where people commute to work in the Slovak capital by car, will decrease.

“The parking policy will make parking for people who bought housing outside Bratislava more difficult,” said Vladimír Kubrický, analyst for the Real Estate Union, as cited by the TASR newswire. “This doesn’t mean, however, that they will start moving en masse to the capital.”

Related articleBratislava's new parking policy. What will change? Read more 

However, difficult parking could affect potential buyers who are considering moving outside Bratislava. The result may also be a decline in the demand for housing in nearby municipalities from which people commute for work, added Kubrický.

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