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Interest in recreational real estate increases
4 months ago,

Interest in recreational real estate increases

Interest in the acquisition of recreational real estate has increased over the last three years. The demand has been spurred by the activities of developers in this sector.

 

Developers are interested in the acquisition of land in mountain regions like the High and Low Tatras, the Lower Fatra or close to aqua parks,” Ján Palenčár, head of the National Association of Real Estate Agencies in Slovakia (NARKS), told the Hospodárske Noviny economic daily.

 

People are purchasing recreational real estate especially for their own needs. In some cases, they combine the usage of the real estate for their own recreation and for short-term rental. Developers in some cases also offer the possibility to rent out such real estate.

 

The current prices of recreational real estate differ considerably. They rank from €800 per square metre up to €2,500 per square metre. The price depends on the locality and type of real estate as well as the standard of its fittings and fixtures.

 

The most expensive recreational real estate is in the most attractive localities, for example at Štrbské Pleso in the High Tatras or in Demänovská Dolina in the Low Tatras. Cheaper offers can be found in the regions of Orava or Kysuce.

 

Photo: Sme

 

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