Slovakia: Property Prices on the Fall

Professional ServicesReal Estate ♦ Published: November 8, 2013; 20:37 ♦ (Vindobona)

The Slovak property market continues the downward trend. In late summer, property prices have reached a five-year low.

Slovakia: Property Prices on the Fall / Picture: ©

In the third quarter of 2013, Slovakia´s residential property price was down by 1.6% year-on-year. Compared to the second quarter, prices were down by 0.8%.  At the moment, the average residential property price comes at € 1,219 per square meter. The highest prices are found in Slovakia´s capital Bratislava. Real estate price in Bratislava s are about 30% higher than the…