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Slovakia Property Investment News
Prices still rising in Slovakia
Those looking to purchase investment property in Slovakia may be encouraged to learn that the market in the country continues to perform well.
In the first quarter of 2008, Slovakia saw an increase in property prices of 3.96 per cent, according to the Global Property Guide.
Slovakia is one of only 13 countries where prices rose, following on from significant increases in residential property values during 2007.
Investors may also wish to consider purchasing investment property in Bulgaria or Cyprus, two other countries that performed well in the first quarter of this year.
The figures show that investment property in emerging nations such as these is holding up well and even rising compared with the stagnant markets in some of the more established countries.
Demand for residential property in Slovakia is driven by domestic buyers, yet the increase in industrial development in the country has also contributed to the rising prices as international companies require accommodation for their employees, reports Nubricks.com.
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