Where is the Bratislava property market now - and where is the Slovak capital headed?
30th September 2008
By Marek Eckhaus
When I was buying in Bratislava during 2006 and 2007, there was a clearly a huge demand from locals and prices were rising significantly.
The increase in the last quarter of 2007 was especially impressive.
What we see in 2008 is however a general slowdown of price increases, which means that prices of some developments (good developments in good locations) continue to grow, while developments with some faults (either worse location or worse architecture, layouts, etc) are experiencing difficulties in sales and developers are forced to give additional bonuses to buyers, like parking places, just to sell the units at the original prices.
This seems like the predicted differentiation between good and not so good developments, which always takes place as markets mature, and this is the case in Bratislava in 2008.
Already a member of Property Secrets?
To view the rest of this article read below....
To view this you need a Property Secrets Silver membership...
Join over 100,000 property investors and gain full insight and knowledge from our team of experts and advisors with thousands of articles, blogs and reports, free downloads, events guides, property deals and much much more.... 100% FREE OF CHARGE!
How our FREE SILVER Membership can benefit you?
- We have thousands of articles and pages of content written by our team of industry lead contributors
- Including expert written blogs on property markets from across the world
- Financial support from our partners on Mortgaging, Insurance, Currency & Tax
- Property Deals delivered into your inbox with our weekly newsletter & investment opportunities
- Keep up to date with new ventures, events & opportunities both on site & through email
- Select FREE downloads & eBooks on Market Profiles and contributors guides
- Capital Gains Tax Calculator, Currency Converter & Automatic Mortgage Reminder
- Online Support & much much more.......
Simply enter your email address below and you will be registered for FREE!
