Innovative property investments
Slovakia Property Investment News
Slovakia at tip of iceberg
The emerging Slovakian property market is just beginning a course of unprecedented growth, according to market analysts.
With membership of the eurozone likely to occur in 2009 and increasing corporate investment improving the personal finances of the country's citizens, the housing market is beginning to look promising, as Slovakians manage to get on the property ladder.
Adrian McDermott, managing director of Escapes2.com, said that in comparison with more renowned 'emerging' markets such as Bulgaria, the capabilities of Slovakian property were only just becoming apparent.
"Investors are looking at the prices and they're realising they can get a lot for their money and with the potential of the area, I think it's one that's going to be really attractive for property purchases over the next couple of years."
Mr McDermott said that though Slovakians themselves were also realising the possible profits available from property investment, the majority of interest in the market came from UK and Irish buyers.
His comments follow a recent survey from Global Property Guide, which confirmed average rental returns in Bratislava at a healthy 10.06 per cent.
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