Lucron Development have finished the first of the six new blocks of flats which make up their Malé Krasňany project. The final inspection of the building is ongoing and about 85 percent of the residences have been sold.
The construction of Malé Krasňany began in the summer of 2015. The complex with an area of 4.5 hectares, will consist of six blocks of flats with 503 flats and apartments in total, 583 parking places in garages and another 88 parking places outside, wrote Reality Trend.
They went on to state that flats ranging from 1-bedroom to 5-bedrooms are on offer with prices scaling from €2,100 to €2,600 per square metre as standard. Garage space costs €9,500.
Another three buildings are under construction and should be completed this year. Out of a total of 274, about 80 percent have already been sold. This spring the company is planning to begin work on another two blocks near Račianska street.
Reality trend reports that some amenities have already been completed such as the pavement, cycle route and an acoustic wall which will reduce noise between the blocks and from the depot of the Bratislava transportation company. There is also a new crossroad with traffic lights at Račianska street. The city borough of Rača has approved the name of the street, Malokrasňanská but this has yet to be confirmed by the municipality.
The Malé Krasňany complex should also include a playground, a multifunctional sport field, a grocery, a coffee shop and a nursery school. Reality Trend has reported that the project should be completed by the summer of next year.
Photo: WBN/PR SITA
A new residential project is due to start near Piešťany. The Stavoprac company has begun construction work on the Beňovský Residence in the town of Vrbové which will provide almost thirty flats according to Trend Reality.
Every month means a new project. Jasná and its surroundings are among the most sought after localities for development. Now another addition, the Urbár Demänová project is in the pipeline with plans to build a residential and multifunctional compound near the car park, Reality Trend informed.
The Tujetoin project is nearing completion. The first stage was finished in March 2016, the second at the end of April 2017 and the third stage should be ready no later than June 2017, pending the final inspection.
The developer of the Eurovea 2 project has revealed new details and visuals concerning the construction of its six-building, Bratislava riverfront development, Reality Etrend wrote. Part of the construction will be Slovakia’s first skyscraper, a building over 150 metres high according to the official criteria.
The Finnish company, YIT, has launched the sale of flats in the second phase of its Nuppu project. This residential project in Ružinov, constructed on the site of a former industrial compound, will provide 106 flats and 2 business areas and should be completed by the end of 2018.
This summer construction work on a new residential district called Soho Park will begin. Family houses and blocks of flats should be completed by the end of next year on the site of a former high school in the Hadovce district, Reality Trend wrote.
Demand for new flats in the real estate market is still high, however supply is growing faster, agreed participants at the expert conference, Real Estate Market 2017. The price of flats is still rising, however the National Bank of Slovakia (NBS) does not anticipate a real estate bubble.