|Last Updated: Jul. 16, 2014|
|BRATISLAVA - I Flats||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|60 sq. m.||129,960||594||5.48%||2,166||9.90|
|90 sq. m.||172,350||823||5.73%||1,915||9.14|
|120 sq. m.||237,840||1,110||5.60%||1,982||9.25|
|200 sq. m.||428,000||1,896||5.32%||2,140||9.48|
|BRATISLAVA - II and III Flats|
|40 sq. m.||81,120||430||6.36%||2,028||10.75|
|60 sq. m.||112,980||540||5.74%||1,883||9.00|
|120 sq. m.||204,480||890||5.23%||1,704||7.42|
Bratislava I: Stare Mesto / Old Town
Bratislava II: Ruzinov
Bratislava III: Nove Mesto/ New Town
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Bratislava appears to be an attractive location to own properties but anecdotally, properties can be quite hard to let. Bratislava is a small place, and few people absolutely need to live in the centre of town unlike the larger capitals of other countries where commuting times can be inconveniently high. Because Slovakia itself is small, the number of expatriates, embassies, and international companies in Bratislava is small, which again restricts the supply of tenants.
Apartments in the Old Town of Bratislava cost on average, EUR 2,200 per square metre (sq.m.). In the nearby areas of Ruzinov and in the New Town, apartments tend to be cheaper, selling for around EUR 1,900 per sq. m.
Rents range from around EUR 9 to EUR 10 per sq. m. per month in the Old Town, whereas in Ruzinov and in the New Town, rents range from EUR 7.4 to EUR 10.75 per sq. m. per month.
The gross rental yield from a 60-sq. m. apartment in the Old Town is moderately good at 5.48%. Bigger apartments in the Old Town return similar rental yields, ranging from 5.32% to 5.73%.
A 40-sq. m. apartment in Ruzinov and in the New Town returns a slightly better rental yield at 6.36%.
Round trip transaction costs are very low on residential property in Slovakia. See our Slovak property transaction costs analysis and our Slovakia transaction costs compared to other locations.
#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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