Real Estate in Slovakia
Investing in Slovakian Real Estate
Slovakia is a small country located in Central Europe. It is a member of the European Union and the Schengen Area, which gives it a number of advantages for foreign investors. The country has a strong economy, a growing population, and a well-developed infrastructure. Real estate prices in Slovakia are still relatively low compared to other European countries, which makes it an attractive investment opportunity.
Why Invest in Slovakian Real Estate?
There are several reasons why foreigners invest in Slovakian real estate. First, Slovakia is a member of the European Union, which gives investors access to a large and growing market. Second, Slovakia has a stable economy with low inflation and unemployment. Third, the cost of real estate in Slovakia is relatively low compared to other European countries.
Specific Benefits of Slovakian Real Estate
In addition to the general benefits of investing in European real estate, there are some specific advantages to investing in Slovakian real estate. For example, Slovakia has a growing population, which is expected to increase by 1.5% per year over the next decade. This population growth is expected to drive demand for housing, which could lead to rising property values.
Slovakia is also a popular tourist destination, with over 10 million visitors each year. This tourism industry creates demand for commercial real estate, such as hotels, restaurants, and shops.
Special Considerations for Foreign Investors
Foreigners who want to invest in Slovakian real estate must be aware of certain special considerations. For example, foreigners are limited to owning a maximum of 40% of the shares in a company that owns real estate. Foreigners who want to own more than 40% of the shares must obtain a special permit from the Ministry of Finance.
Foreigners who want to buy real estate in Slovakia must also obtain a residence permit. This can be a complicated process, so it is important to consult with an immigration lawyer.
Conclusion
Slovakia is a good investment opportunity for foreigners who are looking to buy real estate in Europe. The country has a strong economy, a growing population, and a well-developed infrastructure. Real estate prices in Slovakia are still relatively low compared to other European countries, which makes it an attractive investment opportunity.
However, it is important for foreigners to be aware of the specific requirements that they must meet in order to purchase real estate in Slovakia. It is also important for foreigners to do their research and consult with a qualified real estate agent before making a purchase.
Contact us today to learn more about how we can help you invest in Slovakian booming real estate market.
Our team of experienced real estate professionals can help you find the perfect property to meet your needs and budget. We have a deep understanding of the Polish real estate market and can help you navigate the complex process of buying property in Poland from abroad.
- Search and selection of real estate objects
- Legal support of the transaction
- Property management