Slovak real estate trends show growth in garage rentals and mountain resort management

Real estate investment trends in Slovakia show diverse opportunities ranging from urban garage rentals to professionalized mountain resort management. In Košice, the value of garages has risen significantly, with purchase prices increasing from approximately €20,000 five years ago to around €30,000 today. Due to a shortage of parking spaces, owners can generate a net monthly rental income of roughly €130, offering a projected return on investment within 13 years.

In the Tatra Mountains, Gerlach Rezort, developed by VI GROUP, has launched the ‘Gerlach Apartments’ hotel program. This initiative transitions individual apartment ownership into a professionalized hospitality concept managed by Premium Star Hotels. The operator currently manages four hotels across two countries, including the Horský Hotel Sliezsky dom and Salamandra Resort in Slovakia, and Hotel Trakoščan and Zelena Punta Resort in Croatia, providing a total capacity of over 1,000 beds.