In June 2020, The Slovak Spectator published its Business Focus on Real Estate in Slovakia. Here is your overview of stories from the focus issue:
Coronavirus in real estate: Investors have opted for a wait-and-see tactic
The COVID-19 pandemic has had a slightly negative, but not dramatic, impact on the real estate market.
“Just as it has coped with the health crisis, Slovakia will certainly cope with a slight decrease in activity in the real estate market,” said Richard Urvay, director of Colliers International in Slovakia. However, Urvay expects a slight impact on investors’ confidence. “It is questionable how big institutional players will react and whether they will prefer more traditional markets such as the United Kingdom, Germany and France.”
