Print

Bratislava: Slovakia's shining light

Jaimie Kanwar

A new report reveals the continued strength of the Slovakian property market ...

According to a compilation of official and private-sector statistics by the Global Property Guide, Cyprus has achieved almost 32% growth in residential property prices over the last year.  

A spokesperson for Global Property Guide commented: “Slovakia has seen continued price rises.  Land prices in Bratislava increased by an average of 50% in 2007.  The price of residential apartments also rose strongly.

“Strong economic growth, continued foreign investment, a burgeoning mortgage market, and a shortage of new developments, are all contributing to Bratislava's performance, which looks likely to continue at least next year.