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.
The developer Penta Real Estate is preparing the second phase of the Bory Bývanie residential project. It will create 287 apartments in nine, four- to six-storey blocks. It plans to launch the construction during the third quarter of 2018.
Petržalka, the most populated borough of Bratislava, has gotten a new roofed market place, Petržalská Tržnica. It is located in a reconstructed shopping centre of almost 5,000 square metres on Bratská Street. The new market place welcomed its first shoppers on Friday, April 6.
The British retail chain Tesco is continuing the sale of its department stores, former Priors, in Slovakia. Following the sale of its stores in Žilina, Nitra, Prešov and Košice the retail chain is now selling its last piece of real estate in Slovakia, the department store My (We in English) on Kamenné Square in Bratislava. Tesco Stores SR has confirmed negotiations with potential buyers, the Trend weekly reported.
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.
In a short period of time the eastern Slovak town of Prešov has acquired another shopping centre. After the 22,000 m2 Eperia, with more than 100 shops, opened last November, the Solivaria shopping centre, close to the bus station, was ceremonially opened on March 15. Built on the 10,500 m2 site of the former industrial premises of ZPA Křižik, it offers 20 shops and 296 parking places. Its construction cost €20 million, Lýdia Kulíková from the company Prešov Park, informed.
Small, especially one-room, apartments and bed-sits are maintaining the highest prices in Bratislava. The price of two- and three-room apartments has decreased moderately. The interest in family houses and construction parcels is still high while demand exceeds availability.
The new city quarter growing in Bratislava’s Petržalka borough is popular among those looking for new housing. Last year people bought a total of 565 apartments there. This number accounted for more than 11 percent of all new apartments sold in Bratislava in 2017.