99% of what you need to know before buying real estate in Slovakia

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THE SLOVAK PROPERTY MARKET IN 2024

If you're thinking about buying property in the Heart of Europe, there are a few things you should know about the market.

Skip the lengthy 100-page reports filled with complex words, old info, and unsupported opinions. This document is different. Data is fresh and presented in easy words, useful graphs, and engaging charts.

After just 20 minutes of reading, you'll know more than 95% of people considering property investment in Slovakia.

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PRICES, RENTS AND YIELDS IN SLOVAKIA IN 2024

What's the average cost of a 2-bedroom apartment in Bratislava? Where can you find the best yields in Slovakia? How much rental income can you expect?

This report will give you solid answers, using data sourced from our analysis of over 3,200 properties that have been available on the market. Then, you will know what you can expect when you're hunting for properties.

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ANALYSIS - IS NOW A GOOD TIME TO BUY?

Wondering about buying property in Slovakia? While some might say 'yes,' Slovak friends might express caution. Remember, opinions are perspectives and may not always be well-founded.

In this document, we take the last notable trends in Slovakia (prices, yields, inflation, political climate, investor confidence, etc.) and tell you what they mean. Then, you can decide to go ahead or not.

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ANATOMY OF A GOOD / BAD PROPERTY DEAL

Did you check out a property you're thinking of buying? Not sure if it will make a good investment? Well, it's actually not too hard to determine.

Investments that end up going wrong in Slovakia tend to have similar features. However, by looking closely at specific factors, we can confidently judge whether an investment is likely to fail or succeed. Curious about what factors to consider? This document covers everything you need to know.

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THE FULL BUYING PROCESS, STEP BY STEP

Do you need a notary or a lawyer? When do we give the deposit in Slovakia? How do you ensure proper property ownership? Are there any particularly error-prone stages?

From the start of your property search to the moment you obtain the keys of your property, this document will be your go-to guide. Use it frequently to double-check every important aspect to ensure nothing is overlooked and that everything is progressing as it should.

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20 CONTACTS TO BUY A PROPERTY IN SLOVAKIA

The right people can make you save time and money. With that in mind, we've compiled a complete list of contacts you'll find indispensable while buying property in Slovakia. From A to Z, we've got you covered.

Inside this document, you'll have access to: Slovak real estate agents, property listing websites, Slovak real estate lawyers, property insurance agents, property managers, moving companies, and even expat communities in Slovakia.

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WHAT YOU NEED TO CHECK BEFORE BUYING

Misinterpreting 'Kataster nehnuteľností,' overlooking 'Daň z príjmu,' and disregarding property transfer regulations... there are common mistakes that buyers make in the Slovak property market.

Without knowing the legal and cultural landscape well, it's easy to fall into common traps that have led many to regrettable financial outcomes. Don't be another one.

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ALL THE DOCUMENTS AND WHAT THEY MEAN

Are you comfortable with the concept of 'List Vlastníctva' (Land Register Entry) in Slovakia? What should be included in a 'Zmluva O Kúpe Nehnuteľnosti' (Sale Agreement)?

Our team has reviewed all the documents you'll encounter when dealing with property – whether you're buying, renting, selling, or living in one. Each document is explained briefly: its purpose, when to use it, who provides it, and key things to be cautious about.

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WHERE AND HOW TO GET A MORTGAGE AS A FOREIGNER

If you're seeking financing options in Slovakia, this guide will prove to be highly valuable.

We have gathered all the information you need to apply for a mortgage with banks in Slovakia. This includes details on eligible banks, step-by-step guidance for the entire process, and helpful tips to increase your chances of getting approved. We also highlight common mistakes to avoid.

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HOW TO RENT OUT QUICKLY

To quickly find tenants for your property in Slovakia, it's crucial to have a good understanding of the local Slovakian culture.

You might not know where to find tenants fast, how to set the right rent, or what to put in the rental agreement.

Here are some useful tips, with insider knowledge, that will help you save time and money.

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FOCUS ON BRATISLAVA

If exploring charming Old Town squares excites you, you enjoy traditional Slovak dishes like bryndzové halušky, and appreciate a riverside vibe, Bratislava offers a unique Eastern European charm.

This report offers solid facts and data about this place: neighborhood analysis, yields, rentals, budget-based options, market strategies, and pitfalls.