Global Property Guide

Financial Information for Residential Property Buyers


Rental returns are moderate in Bratislava, Slovakia

Last Updated: September 28, 2018

Last Updated: Sep. 28, 2018
BRATISLAVA - Stare Mesto flats COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
40 sq. m. 134,600 562 5.01% 3,365 14.04
75 sq. m. 218,175 887 4.88% 2,909 11.83
120 sq. m. 349,320 1,320 4.53% 2,911 11.00
200 sq. m. 523,000 2,372 5.44% 2,615 11.86
BRATISLAVA - Nove Mesto flats
40 sq. m. 109,400 498 5.46% 2,735 12.45
75 sq. m. 181,950 719 4.74% 2,426 9.58
120 sq. m. 285,600 1,357 5.70% 2,380 11.31
200 sq. m. 484,200 n.a. n.a. 2,421 n.a.
BRATISLAVA - Ruzinov flats
40 sq. m. 111,560 454 4.88% 2,789 11.35
75 sq. m. 179,175 735 4.92% 2,389 9.80
120 sq. m. 284,160 1,081 4.57% 2,368 9.01
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

How much will you earn? Gross rental yields on apartments are moderate in Bratislava, at around 4.5% to 5.4%. To define terms, the gross rental yield is the rent the landlord will earn - before taxation, vacancy costs, and other costs - compared to the purchase price of the property.
The gross rental yield in the Old Town is about 4.5%, with smaller apartments earning more. Returns are not much different in Ruzinov and in the New Town. The Airbnb market is thriving, but expect damage to your property.

How much do apartments cost? Apartments in the Old Town of Bratislava cost on average EUR 2,900 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 2,400 per sq. m. You can ´get into the market´ for EUR 120,000 to EUR 350,000.

How easily will you rent your property? Anecdotally, properties can be quite hard to let. Bratislava is a small place. Few people absolutely need to live in the centre of Bratislava (unlike in other larger cities). The number of expatriates, embassies, and international companies in Bratislava is small, which again restricts the supply of tenants.

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.

Comments

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

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%.

Login or Register to submit a comment!
In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.