Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 6 days · First seen · Last updated
Central European real estate market trends
Overview
Real estate trends in Slovakia and the Czech Republic show diverse investment and liquidity options. In Slovakia, market activity includes rising garage rental values in Košice, where prices have increased from approximately €20,000 to €30,000 over five years, and the professionalization of mountain resort management through initiatives like the ‘Gerlach Apartments’ program in the Tatra Mountains.
Additionally, Slovakia is seeing the sale of surplus state-owned assets, including historical landmarks such as a 19th-century villa in Štós. These developments occur alongside rising housing costs, with average asking prices for new apartments in Slovakia reaching 3,656 euros per square meter. In the Czech Republic, focus has shifted toward methods for seniors to unlock property equity, specifically through reverse mortgages or selling property with a life estate.
Entities
Deloitte · Premium Star Hotels · VI GROUP · Gerlach Rezort · Štós
Timeline
-
[BUSINESS] 2 sourcesReal estate trends in Czechia and Slovakia highlight equity release and state asset sales
Real estate trends in Czechia and Slovakia highlight diverse options for liquidity and housing, from senior equity release via reverse mortgages to the sale of surplus state-owned historical properties.
-
[BUSINESS] 2 sourcesSlovak real estate trends show growth in garage rentals and mountain resort management
Slovak real estate highlights include rising garage investment returns in Košice and the launch of Gerlach Apartments, a professionalized hotel management program in the Tatra Mountains.
Sources
europa.pravda.sk · hn.cz · kryptomagazin.sk · startitup.sk