Thousands of flats? The state is sitting on a fortune worth billions

State properties could help solve the housing issue in Slovakia.

The unused building on Lazaretská Street in Bratislava.The unused building on Lazaretská Street in Bratislava. (Source: SME)

If there were a list of the most lucrative real estate addresses, Bratislava’s Old Town borough would rank quite high. Not only for its location, but also due to very few plots and opportunities free for new projects.

Still, there are several situations downtown that seem to defy logic.

For example, there is a historic primary school building on the corner of Lazaretská Street and Cukrová Street that has been abandoned for more than 15 years. It is said that the borough closed the school after it had been left by pupils en masse due to the dissatisfaction with the then principal.

This happened in 2005, and it has been falling into ruin since then, threatening its surroundings. The building is owned by the state, more specifically the Justice Ministry. Its plans to move a district court there have not come to fruition yet. The plots there could be worth several millions of euros.

The rest of this article is premium content at
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on and

Top stories

News digest: Delta variant changes conditions for travelling

Vaccinated people will enjoy more freedoms when crossing borders. Registration for Johnson&Johnson vaccine launched. Slovakia’s recovery plan approved.

4 h
Marian Kočner in Supreme Court during the appellate proceeding in the Kuciak murder trial.

A retrial of the Kuciak case could sway people’s trust in the justice system

Slovakia breathes a collective sigh of relief as Kočner is stripped of his not-guilty verdict – for now.

8 h
Illustrative stock photo

Extremely hot weather continues, storms expected

Hydrometeorologists have issued several warnings for the coming days.

12 h
Igor Matovič (l) and Veronika Remišová (r)

Fico grows in popularity, Matovič and Remišová see their support drop

On the other hand, the public's trust in Robert Fico of Smer is rising, according to a recent Focus poll.

11 h