Real estate prices in Bratislava
What are the prices of real estate in Bratislava ?
Have you decided to move to Bratislava ? Don’t you know about prices in Bratislava ?
For example the 3-bedroom apartment in Petržalka (Bratislava III) did cost 137.000€ and that was more than 9.000€ than last year. Quarterly average price of real estate in Bratislava increased 3,65% in segment 2-bedroom apartment. In case of 3-bedroom apartment was 3,85%. We have the highest quarterly growth in the both case over the last two years for the capital city.
The new buildings were pushing prices up. They have significantly higher price than the older ones. “The situation has been repeated in other cities where more and more development projects are being implemented due to real estate development,” says Martin Lazík, an analyst at nehnutelnosti.sk.
New buildingsare becoming increasingly expensive. “By comparing the prices of older and new apartments, we see the difference between new and old ones. Older apartments grew only minimally or local drops were recorded. In the case of new buildings was recorded a significant increase in prices of about 2% or 3%.” adds Martin Lazík.
However, the most expensive new buildings are located in Bratislava, where the analyst no longer anticipates a significant increase in prices. “We should see the stagnation of prices in 2018 mainly in Bratislava, where, according to the current development, prices seem to have peaked.”
The prices should be relatively high this year due to the good economic prospects of the Slovaks, good employments and still convenient mortgages.
The raising interest rates could cause temporary increase in prices of real estate in future. This would cause a faster increase in demand, with the consequent drop in interest and with possible fall in real estate prices, “concluded Lazík.
Overview of the growth and fall in real estate prices in the tables:
2-room apartments (average absolute price of apartments)
|Bratislava I||163.000 €||166.000 €||170.000 €|
|Bratislava II||121.500 €||123.000 €||126.000 €|
|Bratislava III||132.000 €||132.000 €||141.000 €|
|Bratislava IV||115.500 €||117.000 €||120.000 €|
|Bratislava V||120.500 €||125.000 €||130.000 €|
3-room apartments (average absolute price of apartments)
|Bratislava I||258.000 €||250.000 €||255.000 €|
|Bratislava II||140.500 €||149.000 €||159.000 €|
|Bratislava III||166.500 €||175.000 €||186.000 €|
|Bratislava IV||135.000 €||144.000 €||148.000 €|
|Bratislava V||133.000 €||136.000 €||138.000 €|
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