The Finnish company, YIT, has launched the sale of flats in the second phase of its Nuppu project. This residential project in Ružinov, constructed on the site of a former industrial compound, will provide 106 flats and 2 business areas and should be completed by the end of 2018.
In translation from Suomi, Nuppu means bud, as in flower-bud. Each block of flats has a similar composition but each one is also unique; they differ in colour and name. After the first phase, named Lilja (lily) comes Tulppaani (tulip). The 106 flats in this phase are mostly two-bedroom, with an area of 37 to 88 square metres.
“We try to build compact districts with everything people need, business space and areas for relaxation in the surroundings,” explains Milan Murcko, managing director of YIT Slovakia, adding that one third of the whole area, almost 2 hectares, will be parkland.
The amenities in this area will include garages and outside parking places, a playground, fitness equipment, a sports ground and relaxation spaces, with seats, surrounded by greenery. The aim is to create a safe, relaxing zone for families to spend their free time with friends and neighbours.
Every month means a new project. Jasná and its surroundings are among the most sought after localities for development. Now another addition, the Urbár Demänová project is in the pipeline with plans to build a residential and multifunctional compound near the car park, Reality Trend informed.
The Tujetoin project is nearing completion. The first stage was finished in March 2016, the second at the end of April 2017 and the third stage should be ready no later than June 2017, pending the final inspection.
The developer of the Eurovea 2 project has revealed new details and visuals concerning the construction of its six-building, Bratislava riverfront development, Reality Etrend wrote. Part of the construction will be Slovakia’s first skyscraper, a building over 150 metres high according to the official criteria.
This summer construction work on a new residential district called Soho Park will begin. Family houses and blocks of flats should be completed by the end of next year on the site of a former high school in the Hadovce district, Reality Trend wrote.
Demand for new flats in the real estate market is still high, however supply is growing faster, agreed participants at the expert conference, Real Estate Market 2017. The price of flats is still rising, however the National Bank of Slovakia (NBS) does not anticipate a real estate bubble.
Seven months before its planned opening the Eperia shopping centre, built by J&T Real Estate and the first modern shopping centre in Prešov, is already 80 percent occupied, according to Reality Trend. The official opening is planned for the middle of November.
The EcoPoint administrative office building in Košice is set to expand. The seat of IT, Hi-tech companies, medical labs and assisted reproduction facilities, will double its current rentable area, Trend Reality wrote.