Deck: The flagship project includes lots of green space and above-standard materials for the flats in three villas.
Architectural company ITB Development gained needed permission after two years for their project Gansberg Koliba. Construction of the compound of three city villas with almost 50 large flats has started, Reality Trend stated.
The developer described the the Gansberg Koliba as a flagship project. At the estate of 6,500 square metres he will build three 4-floor buildings, each with 16 or 17 flats, Reality Trend reported.
Almost half of them are 4-bedroom flats with size ranging from 104 to 138 square metres. The rest are mainly two-bedroom and three-bedroom flats with two 1-bedroom flats and one 5-bedroom apartment. Sizes range between 29 and 216 square metres with front yards, balconies and terraces, some of them extraordinary large. Green space takes up more than two thirds of the estate, Reality Trend wrote.
Prices of flats are between 2,700 and 3,200 euros per square metre in above-standard outfitting that includes floor heating, wooden floors, aluminium windows and terraces from exotic woods. ITB traditionally offers the possibility to adjust flats according to the buyer’s wishes, Reality Trend stated.
Also, a playground and relax zone with benches should be constructed at the estate. Moreover, there will be 68 garage parking spots and 18 parking spots outside, Reality Trend informed.
The developer YIT Slovakia has launched the sale of apartments in the second building of the fifth, last, phase of the Tammi Dúbravka development. The new block of apartments will provide 42 apartments. It will be connected to the second building of the fifth phase with a community park. The sale of apartments in the first building was launched in September 2017.
The first weeks of 2018 indicate that the high interest in new warehouses in Slovakia is continuing. Developers are responding to the demand with the preparation of expansion phases for their successful projects as well as plans for new industrial premises and parks. The latter may start during the first half of 2018 and so developers would be able to offer new spaces in late 2018.
The developer Merius has brushed up its Semiramis Residence project which it plans to build in front of the Nové Mesto railway station and opposite Kuchajda lake in Bratislava. Its first attempt three years before failed as the local council did not grant it construction permission. The re-worked project with a price tag of €47 million is now undergoing an environmental impact assessment (EIA).
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.