# 17499
Park project planned revitalization 2020 update Račianskom mýte
Nové Mesto, Bratislava Region, Slovakia
From the developer
Developer:
Mestská časť Bratislava - Nové Mesto
Estimated completion date:
2023
Employee Information
Alex Maksimcuk
We will provide you with the following services:
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If you meet the criteria as a resident of Slovakia, an EU citizen, or a citizen of an OECD country, we will help you arrange a mortgage in a Slovak bank on favorable terms.
Description of the property
Planned revitalization of the park at Račianske mýto, for which the local government organized an architectural competition back in 2013. Subsequent implementation failed due to the inability to agree on the management of the area between the local and city administration and the settlement of land. At the end of 2020, information about the planned revitalization reappeared.
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Characteristics
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Key facts about real estate in Slovakia
EU Membership:
Slovakia is part of the European Union.
Rental Income:
Net annual yield 3-6.5%.
Price adjustment:
Average annual growth in asset value is 12%.