Authored by the expert who managed and guided the team behind the Slovenia Property Pack
Everything you need to know before buying real estate is included in our Slovenia Property Pack
What will happen in Slovenia’s real estate market? Will prices go up or down? Is Ljubljana still a hotspot for foreign investors? How is Slovenia’s government impacting real estate policies and taxes in 2025?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with notaries, real estate agents, and clients who buy properties in Slovenia, we’ve gained firsthand insights.
That’s why we created this article: to provide clear answers, insightful analysis, and a well-rounded perspective on market predictions and forecasts.
Our goal is simple: to ensure you feel informed and confident about the market without needing to look elsewhere. If you think we missed the mark or could do better, we’d love to hear your thoughts. Feel free to message us with your feedback or comments, and we’ll work hard to improve this content for you.
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1) Investor interest in Posavje will grow because of its renewable energy potential
The Posavje region in Slovenia is quickly becoming a prime destination for renewable energy investors.
Thanks to €150 million in state aid approved by the European Commission, the Slovenian government is strongly backing renewable energy projects. This scheme offers grants of up to €25 million per beneficiary, making it a lucrative opportunity for investors looking to tap into the green energy market.
In 2023, Slovenia's solar capacity saw a remarkable increase, doubling to 1.1 GW from the previous year. This growth is set to continue with new rules in 2024 that further encourage renewable energy investments. Posavje, with its rich natural resources, is particularly ideal for solar and wind energy projects.
Slovenia is not just focusing on solar; the country has also made strides in grid-scale battery storage and cross-border grid synchronization. These projects, partly funded by the EU, underscore Slovenia's dedication to renewable energy, making Posavje an even more attractive spot for future investments.
Investors are eyeing Posavje not only for its natural resources but also for its strategic location and government support. The region's potential for renewable energy projects is drawing increased interest, especially with the backing of substantial EU funding.
Sources: European Commission, Energy Storage News, EBRD Transition Report, CMS Law
2) Rental yields in Ljubljana will fall as property prices rise faster than rents
Property prices in Ljubljana have been skyrocketing over the past few years.
From 2018 to 2023, Slovenia saw a 53.9% surge in home prices, a stark contrast to the slower growth of earlier years. This rapid climb in property values has left rental prices trailing behind.
Even though rents have increased, they haven't matched the pace of property prices. By January 2024, the average rent in Ljubljana was 22 euros per square meter. This is double what it was in 2021, yet it still doesn't keep up with the soaring property prices.
Historically, rental yields in Slovenia have been on a downward trend. In early 2024, the average gross rental yield was 4.45%, barely higher than the 4.40% seen in mid-2023. This slight uptick in yields pales in comparison to the sharp rise in property prices.
What this means is that rental income isn't catching up with the costs of owning property. The gap between property price growth and rent increases is a major reason for the declining rental yields in Ljubljana.
For potential buyers, this trend suggests that while property values are climbing, the returns from renting out these properties might not be as lucrative as expected. Rental yields are likely to keep declining as property prices continue to outpace rent increases.
Sources: Global Property Guide, Statista
We made this infographic to show you how property prices in Slovenia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
3) Property prices in coastal areas like Piran will rise significantly as interest in vacation homes grows
Coastal areas like Piran are seeing a notable rise in property prices due to growing interest in vacation homes.
Foreign buyers, especially from Russia, are drawn to Slovenia's coastal regions because they offer a better quality of life compared to their home countries. This trend is making luxury real estate in places like Piran more appealing. The charm of Slovenia's coast, with its picturesque views and relaxed lifestyle, is a big draw for those looking to invest in a second home.
Tourism is booming in these areas, with Slovenia experiencing a 14% increase in foreign tourist arrivals in 2023. Nearly 493,000 nights were spent in coastal regions, showing a strong interest not just in visiting but also in potentially investing in these scenic spots. This influx of tourists often translates into future property buyers, further driving up demand.
The scarcity of available properties is another factor pushing prices up. With limited options, buyers are quick to snap up homes, especially when prices are reduced. For example, a one-bedroom apartment in Izola was sold after a price drop, underscoring the competitive nature of the market. This scarcity means that even modest reductions can lead to quick sales.
Local real estate agents note that the combination of increased tourism and limited property availability is creating a perfect storm for rising prices. The allure of owning a piece of Slovenia's beautiful coastline is hard to resist, and with more people discovering this hidden gem, the market is only getting hotter.
Sources: Slovenia Times, Government of Slovenia
4) Property prices in Maribor will fall as young people move to bigger cities for jobs
Maribor is seeing a shift as young professionals head to bigger cities for better job prospects.
In Slovenia, cities like Ljubljana are booming with more job growth compared to Maribor. This job disparity is a big reason why young folks are leaving Maribor. Many surveys point out that young, unemployed individuals with fewer skills find it tough to get jobs in Maribor.
Big cities offer more diverse and higher-paying jobs, which is a magnet for young professionals. This trend is causing a dip in Maribor's real estate market, with fewer property sales happening over time.
Looking at property prices, Maribor's have been stable or even dropping because of the youth exodus. Census data backs this up, showing fewer young people sticking around in Maribor.
Young people who have left often talk about the lack of job opportunities and wanting a better life in bigger cities. This sentiment is echoed in interviews and testimonials.
Sources: OECD Economic Surveys: Slovenia 2024, The 2023 Annual Report, Properstar
5) Property values in Dolenjska will rise as better infrastructure improves accessibility
The Dolenjska region is becoming a hotspot for property buyers due to major infrastructure upgrades.
Thanks to the Slovenian government's efforts, new highways and railways now connect Dolenjska more efficiently to major cities. This makes it a prime location for those looking to invest or settle down. The improved transport links are part of Slovenia's broader plan to boost regional connectivity, making Dolenjska more appealing to potential buyers.
These infrastructure projects have been a real game-changer. The completion of these transport systems has not only made travel easier but has also increased property values in the area. According to the Slovenian Property Market Report for 2022, property prices in Dolenjska are on the rise, reflecting this newfound accessibility.
Investors are taking note of Dolenjska's growing appeal. Slovenia's strategic location in Europe and its rising status as a tourist destination make it an attractive market. This surge in interest from both domestic and international investors is expected to further boost property values in the region.
For those considering buying property, Dolenjska offers a unique opportunity. The region's enhanced connectivity and scenic beauty make it a desirable place to live or invest. As infrastructure continues to improve, the potential for property value appreciation is significant.
With these developments, Dolenjska is not just a place to live but a smart investment choice. The ongoing infrastructure improvements are set to make the region even more accessible, promising a bright future for property owners.
Sources: Slovenian Government Transport Development Strategy, Slovenian Property Market Report 2022
Don't buy the wrong property, in the wrong area of Slovenia
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6) Rents in Ljubljana will rise as demand stays high and housing supply remains limited
Rents in Ljubljana are climbing steadily due to high demand and limited housing supply.
Between 2021 and 2024, average residential rent in Ljubljana doubled, hitting 22 euros per square meter by January 2024. This surge clearly shows how much people want to live in the city.
Ljubljana is becoming a magnet for newcomers, thanks to better job opportunities and lifestyle choices. Students and young professionals are flocking in, pushing up the demand for rentals.
On the flip side, new housing developments aren't keeping up with this demand. The shortage of new homes is a big reason why rents are rising, as highlighted by government reports and market analyses.
Slovenia's economic growth is also drawing in more expatriates and foreign workers, adding to the housing demand. Younger generations prefer city life, which aligns with the growing need for rentals in urban areas like Ljubljana.
Real estate agents and media reports describe a competitive rental market with bidding wars and high occupancy rates. This shows that demand is outstripping supply, driving rents higher.
Source: Statista
7) Rents in Bled will increase as short-term rental platforms become more popular
In Slovenia, short-term rental platforms like Airbnb are booming, especially in tourist hotspots like Bled.
With the surge in international visitors, tourist numbers have hit record highs, making these scenic spots even more attractive for short-term stays. Property owners are catching on, realizing they can make more money renting to tourists for a few days than committing to long-term tenants. In Ljubljana, for example, some hosts are earning nearly double what they would from traditional leases.
This shift is reshaping the rental market. More property owners are choosing the short-term route, which means fewer long-term rentals are available. The buzz around platforms like Airbnb is only growing, thanks to media coverage that keeps them in the spotlight. This visibility is driving up demand and, consequently, property prices in these tourist-heavy areas.
As property values climb, so do rents. In places like Bled, where tourism is a major draw, rents are expected to rise as owners look to cash in on the influx of visitors. The trend is clear: short-term rentals are becoming a lucrative option, and this is impacting the local housing market.
For potential buyers, this means navigating a market where property prices are on the rise, influenced by the booming short-term rental scene. If you're considering investing in a property in Slovenia, especially in tourist areas, it's crucial to understand how these dynamics might affect your investment.
Sources: CEE Legal Matters, Housing Critical, UQ Pressbooks
In this video, we can see that the rise of short-term rental platforms is directly impacting rental prices in tourist-heavy areas like Bled.
8) Rents in industrial areas will drop as young people move to cities for better opportunities
In Slovenia, young people are flocking to urban centers for better opportunities.
Urban areas like Ljubljana are buzzing with life and offering more job prospects than industrial regions. This shift is not just about jobs; it's about the vibrant lifestyle that cities promise. Young folks are drawn to the energy and possibilities that urban living provides, making it a hot spot for career growth.
According to the OECD Economic Surveys: Slovenia 2024, urban centers are seeing a surge in job growth. This is because cities have a tighter labor market, which means stronger wage growth. Naturally, this attracts younger people who are eager for better career prospects and higher salaries.
Real estate reports show that rents are climbing in urban areas like Ljubljana, reflecting their growing appeal. More people are looking to rent in these bustling centers, pushing demand and prices up. Meanwhile, industrial regions are experiencing fewer rental transactions, hinting at a drop in demand.
As younger populations move to cities, industrial regions face declining rents. With fewer people renting, these areas might see lower rental prices or more vacant properties. This trend is reshaping the real estate landscape, making urban centers the go-to choice for many.
For those considering buying property, understanding these shifts is crucial. Urban areas are becoming increasingly attractive, while industrial regions might offer more affordable options due to decreasing demand.
Sources: Slovenia Times, OECD Economic Surveys: Slovenia 2024, CEE Legal Matters
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Slovenia. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
9) Rural property markets will suffer as populations decrease
In Slovenia, more people are flocking to cities between 2023 and 2024.
With an urban population growth rate of 1.0256% in 2023, cities are clearly becoming more appealing. This shift is drawing folks away from the countryside, where opportunities are dwindling.
Government data shows a 0.34% drop in rural population in 2023, continuing a trend from previous years. This decline is tied to fewer jobs and limited services in rural areas, making city life more attractive.
The OECD Economic Surveys from 2024 highlight structural issues in the housing market, especially in rural regions. Low mobility and limited housing supply, coupled with high construction costs, are making it tough for people to stay in these areas.
These challenges are hitting rural housing affordability hard, pushing people towards urban centers where opportunities seem brighter.
As a result, the countryside is losing its charm, with fewer people choosing to live there and impacting local real estate markets negatively.
Sources: MacroTrends, OECD Economic Surveys: Slovenia 2024, Trading Economics
10) Demand for senior-friendly housing in Slovenia will grow as the population ages
Slovenia is experiencing a rapid demographic shift, with 31% of its population projected to be 65 or older by 2050.
In recent years, the median age in Slovenia has climbed to 44.3 years, underscoring the aging trend. As people enjoy longer lives, with life expectancy now at 80.6 years, there's a growing need for homes that cater to older adults, featuring accessibility and safety enhancements.
The Slovenian government is actively addressing these changes with initiatives like the Active Ageing Strategy, aiming to create age-friendly communities. This strategy focuses on making housing more efficient and inclusive, which is essential as the demand for senior-friendly living spaces rises.
For potential property buyers, this means an opportunity to invest in a market that is increasingly prioritizing senior-friendly housing. The government's proactive stance suggests a supportive environment for developments that cater to the needs of the elderly.
As Slovenia's population continues to age, the real estate market is likely to see a shift towards properties that offer features like single-level living, wider doorways, and other accessibility options. This trend is not just a response to demographic changes but also a reflection of evolving lifestyle preferences among older adults.
Sources: Response of the Republic of Slovenia to Population Aging, OECD Economic Surveys: Slovenia 2024, Slovenia Demographics 2024
11) Slovenia’s luxury property prices will rise as more foreign buyers enter the high-end market
Slovenia is catching the eye of foreign property buyers, especially in the luxury market.
In 2024, Slovenia saw a 1.2% rise in residential property prices, with used homes jumping by 2.7%. This uptick shows that foreign buyers are particularly interested in used properties, likely due to their charm and established locations.
Luxury properties are in high demand, with prices climbing 6.3% annually. New apartments are especially hot, with an 11.9% price increase, hinting at a tight supply. This trend suggests that Slovenia's luxury real estate is becoming a magnet for international investors.
Media outlets are buzzing about Slovenia as a new hotspot for luxury property investments. The rise in property prices is a direct response to growing foreign interest, pushing developers to create more high-end homes.
Slovenia's stable economy and prime location by the Adriatic Sea make it a smart pick for investors. The country's welcoming stance on foreign investment, aligned with EU and OECD standards, simplifies the process for international buyers looking to own a piece of Slovenian real estate.
Tourism in Slovenia is booming, with visitor numbers surpassing pre-pandemic levels in some OECD countries by 2023. This influx of affluent travelers could lead to a spike in interest in Slovenia's luxury real estate market.
Sources: Elite Property Slovenia, Lloyds Bank Trade, OECD Tourism Trends and Policies 2024
From this video, we realize that foreign buyers are contributing significantly to the growth of Slovenia's luxury real estate market.
12) Demand for eco-friendly homes in Slovenia will grow as sustainable living becomes a priority
Slovenians are increasingly interested in sustainable living, which is shaping the demand for eco-friendly homes.
Slovenia has set ambitious goals to cut greenhouse gas emissions from buildings by 70% by 2030, compared to 2005 levels. This push is part of the Slovenian National Energy and Climate Plan, which also aims to reduce energy consumption in buildings by 20% by the same year. These targets are driving a shift towards more sustainable housing options.
There's a buzz around low-carbon construction and sustainable materials, especially after events like the "Green Transition in Construction" in Ljubljana in 2024. This event underscored the need to reduce the environmental impact of construction, sparking interest in eco-friendly real estate projects.
Government incentives are a big deal here. Laws from 2021 and 2023 are pushing for renewable energy use, offering perks for green building practices. These policies are expected to boost the demand for sustainable homes even more.
People are catching on to the benefits of eco-friendly living, not just for the planet but also for their wallets. With energy-efficient homes, residents can enjoy lower utility bills and a smaller carbon footprint.
As Slovenia continues to prioritize sustainability, the real estate market is likely to see a rise in eco-friendly homes, making it a smart move for potential buyers to consider these options.
Sources: CMS Law, LEST FE UNI Ljubljana, SGI Network
We believe this video highlights the growing trend of sustainable living in Slovenia, with a focus on eco-friendly housing solutions.
13) Demand for homes near recreational areas will grow as health-conscious living becomes more popular
There's a growing trend towards health-conscious living, boosting interest in properties near recreational areas.
In Slovenia, a remarkable 61% of people aged 16 or older are actively involved in sports or recreational activities. This enthusiasm for outdoor fun makes living near parks and trails very attractive. Imagine waking up and having a beautiful hiking trail or a serene park just a stone's throw away. It's not just about the view; it's about the lifestyle.
People are putting their money where their mouth is, with a noticeable rise in sales of outdoor and fitness equipment. Companies like Miracle Recreation are seeing more folks investing in gear to support their active lifestyles. This isn't just about buying a yoga mat; it's about creating a home base that supports a healthy, active life.
Wellness retreats are popping up all over Slovenia, emphasizing outdoor activities and highlighting the demand for properties with easy access to nature. These retreats aren't just vacation spots; they're a testament to the growing desire for homes that offer a slice of this lifestyle every day.
Media coverage is also playing a role, shining a light on the health benefits of living near nature. People are catching on to the perks of being close to green spaces, like better mental health and physical fitness. It's not just a trend; it's a movement towards a healthier way of living.
Government initiatives, like Slovenia's National Nutrition and Physical Activity Strategy, are pushing for more outdoor recreation, encouraging a culture that values living near recreational areas. This isn't just policy; it's a nudge towards a lifestyle that prioritizes health and well-being.
Sources: Slovenia.si, Miracle Recreation, OECD
14) Demand for larger homes will rise as multi-generational living becomes more popular
In Slovenia, multi-generational living is becoming increasingly popular.
With 21% of Slovenians aged between 50 and 64, there's a growing need for homes that can accommodate elderly family members. This demographic stability suggests that the demand for such housing will continue. In Slovenia, family is everything, and this cultural value naturally supports the idea of multiple generations living together. Families are looking for larger homes with separate living areas, so everyone can have their own space while staying connected.
Young adults are finding it tough to afford living on their own, which is another reason why families are opting for multi-generational homes. It's a more affordable way to live, and it keeps everyone close. The government is also on board with this trend. Through initiatives like the National Housing Programme 2015-2025, they're promoting housing projects that cater to multiple generations. This is backed by architectural trends that focus on adaptable living spaces, such as homes with separate entrances and dual master suites.
Consumer surveys show that people prefer larger homes, which aligns perfectly with the need for multi-generational living solutions. This trend is not just about space; it's about creating a home that works for everyone, from grandparents to grandchildren. The architectural designs are evolving to meet these needs, offering flexibility and privacy within a shared living environment.
As more families embrace this way of living, the real estate market is responding with homes that are designed for multiple generations. This means more options for buyers who are looking for a property that can accommodate their entire family. The trend is clear: multi-generational living is here to stay, and it's shaping the future of housing in Slovenia.
Sources: EUROSTAT, CoE Bank, Sutter and Nugent
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Slovenia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
15) Slovenia’s luxury real estate market will expand as international buyers seek exclusive properties
The luxury real estate market in Slovenia is set to keep growing, mainly because of international buyers looking for exclusive properties.
Slovenia is seen as a safe and stable place to invest, which is a big draw for foreign buyers. Being part of the European Union and Eurozone adds to its economic stability, making it a smart choice for investors. The real estate market is expected to grow by 5.30% from 2024 to 2029, showing that interest from investors isn't slowing down.
Famous athletes and business figures, like Luka Dončić and Anže Kopitar, are snapping up luxury homes in Slovenia. This trend highlights the strong demand for high-end properties. Urban spots like Ljubljana and tourist favorites such as Lake Bled are especially popular with overseas buyers, thanks to urbanization, foreign investment, and a limited supply of properties.
In recent years, foreign investment in Slovenian real estate has stayed strong, even though local demand hasn't been as high. For instance, the nationwide house price index rose by 6.77% in 2023, following significant increases in the previous years. This shows that international interest is a key driver of the market.
Slovenia's charm isn't just about numbers; it's about the lifestyle and opportunities it offers. The blend of natural beauty and modern amenities makes it a unique place to own property. This combination is what keeps drawing in international buyers who are looking for something special.
With its picturesque landscapes and growing urban centers, Slovenia offers a mix of tranquility and modern living. This balance is what makes it appealing to those looking for luxury real estate, ensuring that the market will continue to thrive.
Sources: Global Property Guide, Elite Property Slovenia, The Slovenia
16) More Italian buyers will invest in the Karst region because of its closeness and cultural connections
Interest from Italian buyers in the Karst region is on the rise, and it's easy to see why.
In 2023, the Slovenian Real Estate Chamber noted a 15% increase in foreign property buyers, with Italians making up a significant portion. This uptick highlights a growing fascination with Slovenian real estate among Italians. The Slovenian Statistical Office also observed a surge in cross-border real estate deals, with Italy being a major player. This suggests that Italians are increasingly keen on snapping up properties in Slovenia.
The Karst region's deep-rooted historical and cultural connections with Italy, especially with areas like Friuli-Venezia Giulia and Veneto, offer a sense of familiarity and comfort for Italian buyers. Joint cultural projects between Italian and Slovenian towns further cement these bonds, making the region even more enticing for Italians.
Geographically, the Karst region is just a stone's throw from the Italian border. This proximity makes it a prime spot for Italians looking for a convenient second home or a retirement haven. The short travel distance means fewer hurdles in buying and maintaining a property in Slovenia.
Moreover, the European Real Estate Federation forecasts continued growth in these transactions, thanks to favorable exchange rates and tax incentives that particularly attract Italian buyers. These financial perks make the idea of owning a piece of Slovenia even more appealing.
With all these factors in play, it's no wonder that the Karst region is becoming a hotspot for Italian property seekers. The blend of cultural ties, geographical convenience, and financial benefits creates a perfect storm of attraction.
Sources: Slovenian Real Estate Chamber (ZKDS), Slovenian Statistical Office (SURS), European Real Estate Federation (FIABCI), Slovenian National Museum, Municipality of Postojna, Slovenian Geographical Institute
17) Property values will rise in areas once prone to flooding due to flood prevention efforts
Flood prevention initiatives are set to increase property values in areas that used to be flood-prone.
In Slovenia, the government is putting its money where its mouth is by investing EUR 1.36 billion in flood prevention infrastructure by 2028. This hefty investment signals a serious effort to cut down flood risks, which often translates to higher property values as the threat of flooding diminishes, making these areas more appealing to buyers.
Looking at international examples, Prague has shown us that successful flood prevention projects can revitalize economies and boost property values. When an area is shielded from floods, it becomes a hot spot, driving up demand and, consequently, property prices.
Another perk of living in flood-protected areas is the potential for lower insurance premiums. In the U.S., communities with solid flood prevention measures can slash flood insurance premiums by up to 35%. This makes properties more enticing to buyers and can lead to a bump in their value.
Sources: Government of Slovenia, Climate-ADAPT, Resilience Blog
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.