Rising apartment prices and low rents reducing appeal of investment apartments in Bratislava

Rapidly rising apartment prices and slowly growing rents in Bratislava are reducing the appeal of investment apartments. New build prices reach €5,300/sqm and older apartments €4,400, while rent is around €16-19/sqm/month. The mortgage payment for an average apartment is €233 per month higher than comparable rent, according to CBRE. Rental yield cannot compensate for the high price, interest, or other costs. Analysts expect no quick change to this situation. New and older apartment price growth should slow, though.

(yimba.sk)