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
Prices of apartments in Bratislava have increased to their highest level since the crisis, the real estate agency Lexxus has discovered. Based on its latest residential real estate analysis, Slovaks are prepared to pay still more for apartments. This is because they fear further increases in real estate prices as well as the impact of measures taken by the National Bank of Slovakia (NBS). These may worsen accessibility of housing for the middle classes from January.
Although Slovakia has so far been able to attract new investors, in the not so distant future it may have problems with the placement of further investments. The reasons for this are the steadily declining availability of labour, the very slow development of road infrastructure and the lack of readiness of land suitable for the development of industrial parks, according to Martin Varačka, director of the industrial real estate division of the real estate consulting company CBRE in Slovakia.
Foreigners coming to Slovakia to work for the manufacturing industry try to live as economically as possible. They often do not arrive with their families and only work for a short period of time.
The Apollo 1 business centre on Prievozská Street in Bratislava is suffering from stability problems and will be pulled down and replaced with a new development. The demolition should start in March 2018 and be completed by the spring of 2019. This time-line stems from the plans of its owner, the company Smart City Centre, published as part of the ongoing environmental impact assessment (EIA) proceedings. Demolition work is expected to cost about €3.1 million.
UNIQ Staromestská, a new office building in Bratislava’s Old Town, has successfully undergone demanding environmental certification. Only five months after getting approval for construction works, the project by the developer Cresco Group received the LEED Gold certificate.
Prešov, as the last regional capital, has finally gotten a bigger shopping centre. The Eperia Shopping Mall opened on Friday, November 24. During the first weekend about 70,000 people visited, the Trendreality.sk website reported.
Residential development Sky Park in Bratislava, one of the last projects of now deceased prominent world architect Zaha Hadid, will be bigger than originally planned. It will now have four instead of three residential towers. The fourth tower will be built on the neighbouring plot bought by the developer earlier this year. The extension is now undergoing an environmental impact assessment.