Development Projects Bratislava
Since the accession of Slovakia to the EU in 2004, the rapid emergence of Slovakia as an economic force and the boom experienced within the real-estate industry has led us to focus on the opportunities to be had concerning development projects in Bratislava, the country's capital and fastest-growing market in terms of both business in general and property in particular.
Our highly-trained and fully-motivated team here at the At Home Bratislava are dedicated to providing investors and potential investors with a comprehensive service designed to allow you, as the client, the opportunity to safely invest your capital in a way that we know will be as risk-free as possible, whilst at the same time giving you the opportunity to acquire a sizeable return on your investment.
Our professional service includes consultations on sales preparations, marketing support in accordance with our own business areas, counselling related to price determination and the type of buildings and facilities expected in the area, assistance with all documentation required for the project and co-ordination of the marketing and sales aspects of any project that our clients wish to invest in.
Property Facts About
Before joining the EU in 2004, Slovakia as a whole was rather ponderous in opening up the property market to outside investment, with many legal issues needing to be dealt with before investment was possible. However, since 2004 economic reforms have meant that foreign investors are now free to purchase any type of property, meaning that in the past few years the market has begun to really open up, with growth expected to continue for a long time to come, meaning that now is unquestionably a good time to put your capital into the Bratislava property-market.
Property Buying Information
As previously mentioned, there are now very few restrictions on buying property in Slovakia, with only forest or farming land problematic to purchase when buying as a non-Slovak citizen. We do, however, recommend hiring a local lawyer when purchasing property as the whole process will proceed at a much faster rate.
Once you have chosen the property that you wish to invest in, a contract is then made and signed by the investor, the seller and a notary, and you are then expected to pay 20-30% of the overall price of the property. The contract is then sent to the local authorities in order for the property to be officially signed over to you, the buyer. Once this is completed the rest of the fee due is paid to the seller, as well as any other fees owed to lawyers, agencies and notaries, usually 1-3% of the overall cost.
