The intention to build a new block of flats on the previous site of Matador in the Petržalka district of Bratislava has been announced and construction works are due to begin in the third quarter of this year after a suitable building company has been chosen, reports Reality Trend. The Matadorka project envisioning 335 flats and apartments was conceived by the development company of the architects VI group.
“The project already has a building permit,” stated Juraj Duška, executive director of VI Group, for Reality Trend. The site is to consist of two connected structures: a twenty-nine floor building and a six floor wing interconnected by a garage with four over ground and one underground level.
According to Reality Trend, the project will be located at the crossroad of Údernícka and Kopčianska street, behind the Perago office building and opposite the Vienna Gate. As part of the plan, the VI Group is holding discussions with other investors in the neighbourhood about road connections in the area. They plan to build a new access road between Perago and a smaller block of flats which will provide 118 parking spaces intended to serve local companies, although these are not for sale as yet.
The Matadorka building itself will provide 491 parking spaces, 373 in the garage at a cost of about €8000 each. Civic facilities and 15 stores covering an area of 1,200 square metres will occupy the ground floor and after appropriate discussion with the city there will also be a kindergarten. The parking area will have a green roof with a multifunctional playground, wrote Reality Trend.
The flats themselves will cost between 1,700 to 1,900 per square metre. There will be predominantly two and three bedroom flats on offer but there will also be one bedroom flats and maisonettes available on the upper floor. The flats will range from 35 to 80 square metres and a two-bedroom flat is expected to cost €84,000, wrote Reality Trend.
Construction is expected to be completed by the last quarter of 2019.
Currently there are only two supermarket chains operating in Ilava, CBA and Lidl. Now the German supermarket chain is planning to replace its old shop with a completely new store to be built on the same street, only 500m from the original.
A new shopping centre at the Senica Retail Park was opened a few days ago by the development group VIWO. It sits alongside pre-existing retailers such as Kaufland, Family Centre, hobbi and Tanker.
Reality Trend reported that Park One, the fully occupied administrative building at the corner of 1. Máj Square and Kollárovo Square in the centre of Bratislava, was sold by its Luxembourgian owner for €35.6M to the ČS real-estate fund administered by the investment company, Reico of Česká sporiteľňa.
Nine out of ten Slovaks own the property in which they live. Within Europe, only Romania has a higher ratio. In Germany and Austria, it is approximately 50:50.
Immocap, the company behind the Central shopping centre in Bratislava, is preparing a new aquapark project in the surrounds of Piešťany. The developer estimates that construction work could begin in 2018. Their ambition is to create a relaxation complex which would attract hundreds of thousands of visitors per year, wrote TREND Reality.
In most parts of Slovakia there has been an inter annual price rise for residential real estate.
Koral, a new combined shopping and entertainment centre, was opened at the end of December with the aim of attracting customers to spend their free time there, the Reality.etrend.sk website reported.