The popularity of cottages, holiday houses and apartments is again increasing in Slovakia. Typical buyers are small families with children who have settled down and older couples searching for free time activities, informed nehnutelnosti.sk portal.
The most attractive localities are the Vysoké and Nízke Tatry with their ski resorts, Záhorie, the Malé Karpaty, Myjava, Orava and Slovenský Raj,
“The greatest amount of investment within tourism is heading to these areas, where the most expensive cottages and villas are located,” the portal stated.
An average price for holiday real-estate does not exist, according to analyst Martin Lazík.
“The prices are really hard to compare. When talking about a flat, we take the square metres into consideration. When we talk about a cottage, floor area does not play a significant role,” explained Martin Lazík, as quoted by the TASR newswire. The price is influenced by locality, standard and facilities.
The prices of newly-built holiday houses, considered to be luxury properties, could reach half million euros. In contrast, older cottages, in secluded places with poor accessibility, out of main tourist areas could cost about 6,000 or 7,000 euros.
“The prices of holiday-houses do not change as dramatically as the prices of flats or houses. However, we could see a slight increase of prices in the long-term. Because of the various structures on offer, we can say that this segment of the market is stable,” said Lazík, as quoted by TASR.
Interested people prefer cottages with at least two rooms. According to the statistics of nehnutelnosti.sk portal, this was the category most searched in the first quarter of 2017 after flats, houses and land for houses.
Photo: TASR Radovan Stoklasa
While Bratislava already accommodates almost 30 shopping centres, another one is on the horizon. Macho Consulting, a company that has been devoted especially to residential projects in the past, will build Matrix Mall in the more or less industrial zone of Bratislava in the borough of Nové Mesto. The shopping centre on the corner of Magnetova and Vajnorská streets, close to the Vozovňa Nové Mesto depot, will offer retail and office space.
Trnava-based tycoon Vladimír Poór has sold the recently opened City Arena shopping centre in Trnava to Peter Korbačka, the head of the board of directors of the developer J&T Real Estate. The latter already owns the Eurovea shopping centre in Bratislava. Neither the price nor other details of the transaction have been disclosed.
The emptied defective Apollo Business Centre 1 in Bratislava will be replaced by a brand-new construction. The developer HB Reavis estimates the launch of demolition work for the end of 2018. Construction work on the new business centre, the Nové (new) Apollo should start in late 2019 and be complete in 2021. Exact dates will depend on permission processes.
Bratislava is to get another revitalised public space. The developer Corwin is renewing a neglected park on Kmeťovo Square in the Old Town borough. Works on the park, which lies between Bernolákova and Wilsonova Streets, have already started and should be complete by the beginning of the summer.
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.