Prices of new apartments in Bratislava were 16% higher annually in the second quarter
Prices of new apartments in Bratislava were 16% higher annually in the second quarter of this year, and 7% higher compared to 1Q, data of real estate agency Lexxus show. The average price of apartments sold in 2Q stood at €2,700 per sqm, excluding VAT. Some 42% of 80 new residential projects increased prices in the second quarter as developers responded to a short supply. Record cheap mortgages are fueling the demand, too. Most new apartments are sold prior to completion.
The average price of old apartments was up 7% under a quarterly comparison in 2Q.
(teraz.sk)