Investment Property in Slovakia

Locations - Bratislava

EU capital city

Slovakia’s capital city is rapidly expanding with a population of around half a million and a marked increase to the number of tourists visiting the city. Bratislava is a small, historic city that, since Slovakia’s accession into the EU in 2004, has been growing capably - although at times slowly - into its role as capital city of a new EU member. Today it serves as the country’s cultural, political and economic centre and is steadily becoming more of a business base.

Property market

The majority of new property developments in Slovakia are located in Bratislava and the surrounding municipalities, in order to cope with both domestic demand for accommodation and for the increasing (albeit still relatively small) number of expatriates moving to the city to work for international companies with bases in Bratislava.

Communist past

Located on the River Danube (‘Dunaj’ in Slovak), the city does not have the romantic beauty of Prague; indeed far more buildings have been destroyed since the last war than were bombed during it. Bratislava’s communist past dominates much of its architecture and appearance, although extensive recent restoration of the old town has added real aesthetic appeal to the city.

Old town

The majority of Bratislava’s tourists are drawn to its lovingly renovated old town, a compact pocket of the city which is now almost entirely closed to cars. It is located downhill from the city’s medieval castle, and past St. Martin’s Cathedral; much that is worth seeing is located near the main square. There is a maze of tree-lined, cobblestone streets, fountains, small parks, and a wealth of different shops, galleries, cafés and restaurants. On summer evenings the town is lit up by a laser light show. The streets are dotted with themed and humorous bronze statues, making the old town a great place to wander around, with people stopping to simply watch the River Danube flow.

Historic attractions

Churches, original town walls and ancient palaces are evidence of the centuries of history in and around Bratislava, particularly focused in the old town. Trinity Church is known for its magnificent trompe l’oeil frescos, and the nearby Corpus Christi Church has become a museum displaying icons, jewellery and other ecclesiastical artefacts. The Town Hall, built in a mix of Gothic, Renaissance and 19th century styles, the Mirbach Palace with its stucco décor, and the Jesuit Church are examples of more attractions on the tourist trail of the old town.

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