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Jul 31, 2012

Rental yields are higher outside Bratislava’s Old Town


Last Updated: Jul. 31, 2012
BRATISLAVA - I Flats COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
75 sq. m. 155,850 773

5.95%

2,078 10.30
120 sq. m. 269,280 1,094 4.88% 2,244 9.12
180 sq. m. 443,520 1,748 4.73% 2,464 9.71
BRATISLAVA - II and III Flats
75 sq. m. 131,625 648 5.91% 1,755 8.64
120 sq. m. 220,320 1,061 5.78% 1,836 8.84
180 sq. m. 311,040 1,422 5.49% 1,728 7.90
Districts researched:
Bratislava I: Stare Mesto / Old Town
Bratislava II: Ruzinov
Bratislava III: Nove Mesto / New Town & Raca
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Prices per square metre (sq. m.) of flats in the Old Town of Bratislava range from around EUR2,000 to EUR2,500. Smaller flats tend to be cheaper to buy than larger flats. Old Town gross rental yields range from 4.73% to 5.95%.

A 75 sq. m. flat rents out for around EUR10 per sq. m. per month, or around EUR 770 monthly rental income; while a 120 sq. m. flat rents out for around EUR 9 per month or earns an equivalent of around EUR 1,100 as monthly rental income.

Flats are cheaper to buy and to rent in Ruzinov and in Nove Mesto. Prices per sq. m. of flats here range from around EUR 1,700 to EUR 1,800, while rents per sq. m. range from around EUR 8 to EUR 9 per month. Gross rental yields are higher in Ruzinov and Nove Mesto, ranging from 5.49% to 5.91%.





Comments

#1 MARK ABRAMOV | June 13, 2010

i think slovakia will experience a very strong fall on the prices of flats and on the rents. Bratislava or better slovakia is the only place in Europe with the highest prperty prices

#2 CHRISBTN | June 20, 2010

The yields listed are pretty accurate - I've just worked out the gross rental yield on my flat in Bratislava II (Ruzinov) and it's just under 6.5%.

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