Slovakia Property Investment News

Great prospects for Slovakia

Great prospects for Slovakia

Strong economic growth in Slovakia makes it one of the most desirable investment destinations in eastern Europe, according to Global Property Guide (GPG).

With inexpensive property and the potential for high rental returns, Slovakia is at the forefront of the emerging markets.

According to the guide, a mixture of high yields, low taxes and cheap housing have made Slovakia a property hotspot.

The guide said that the country had "a winning combination" of investment advantages.

"The flow of investment money into the country suggests that economic growth will continue strong and reform will remain on track."

Though Bulgaria, Romania and Turkey were all earmarked as great investment destinations, Slovakia was given a five-star GPG rating, thanks to its "very high GDP growth".

The GPG report followed the recent news that the Slovakian capital, Bratislava, will receive a £339 million upgrade.

The country's tallest skyscraper is to be built in the city's Old Town, while a luxury apartment block is due to be developed in the Zahradnicka district.

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