Slovak-Finnish company YIT Slovakia has launched the sale of apartments in the third phase of the STEIN2 project in Bratislava. For the first time, there are apartments with terraces on offer. The final building approval is expected during the last quarter of 2018.
“The STEIN 2 project is among our most interesting projects,” said Milan Murcko, general director of YIT Slovakia, as cited in the press release. “It appeals, by reason of its location, to people who want to live in close contact with the city centre and appreciate the nearness of the complete amenities in this traditional residential area.”
The STEIN2 project is a development on the premises of the former Stein brewery framed by Legionárska, Blumentálska and Bernolákova streets. Only one building was preserved from the former brewery, the fermentation room, called Spilka. The project will provide a total of 408 apartments, 27 non-housing spaces and 583 parking places in five phases.
The third phase, i.e. the eight-floor residential building on the corner of Blumentálska and Bernolákova streets, offers 72 apartments with one to four rooms and ranging from 40-105 square metres in area. Two- and three-room apartments make up the biggest portion of the offer. Most of the apartments have balconies while those on the top floor have terraces.
The prices of the apartments start at €125,570 including VAT. Contrary to previous phases, the price of each apartment already includes the price of a cellar. In the garage, to be shared with all future dwellers, there are 88 parking places reserved for the third phase.
Zdroj fotografie: Courtesy of YIT Slovakia
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.
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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.