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
The main industrial regions in Slovakia are reporting a lack of accommodation capacity for workers. These are in the vicinities of industrial and logistics parks mostly along highways connecting Bratislava with Košice (D1), leading from Bratislava to the Czech Republic (D2) and the dual carriageway from Trnava to Banská Bystrica (R1).
The developer, belonging to the Bencont Group has already started pulling down the buildings and cleaning the three-hectare area. “We believe that Rínok Rača, which we will begin to construct soon, will be the new centre of the borough and will naturally fit into the life of its citizens,” said Martin Šimurda, representative of the developer Rínok Rača, as cited in the press report.
The new indebting rules tightened by the National Bank of Slovakia (NBS) will primarily impact citizens of the Slovak capital, Bratislava. They will be able to buy on credit, from an average wage, maximally a one-room flat in a new building or a two-room flat in an older block of flats. Other regions will be significantly less affected by the new lending cap, Poštová Banka has found out.
In the first quarter of 2018, the overall offer of office space in Bratislava reached almost 1.72 million square metres. The vacancy rate slightly decreased to 5.99 percent from 6.18 percent in the previous quarter. The lowest vacancy rate was in the Bratislava V district (3.22 percent), the highest in the Bratislava IV district (9.05 percent), the Slovak branch of the real estate services firm Cushman & Wakefield reported on April 20 as cited by the SITA newswire.
The developer Penta Real Estate is preparing the second phase of the Bory Bývanie residential project. It will create 287 apartments in nine, four- to six-storey blocks. It plans to launch the construction during the third quarter of 2018.
Petržalka, the most populated borough of Bratislava, has gotten a new roofed market place, Petržalská Tržnica. It is located in a reconstructed shopping centre of almost 5,000 square metres on Bratská Street. The new market place welcomed its first shoppers on Friday, April 6.
The British retail chain Tesco is continuing the sale of its department stores, former Priors, in Slovakia. Following the sale of its stores in Žilina, Nitra, Prešov and Košice the retail chain is now selling its last piece of real estate in Slovakia, the department store My (We in English) on Kamenné Square in Bratislava. Tesco Stores SR has confirmed negotiations with potential buyers, the Trend weekly reported.