# 55961
Public space revitalization with garage and greenery Námestie SNP
Old Town, Bratislava Region, Slovakia
From the developer
Construction status: Construction Developer: Bratislava - Hlavné mesto SR Estimated completion date: 2025 - 2035

Employee Information

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Alex Maksimcuk
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We will provide you with the following services:

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Tour before buying real estate
You come to us for 2 days. We personally accompany you, show you properties that match your requirements, and advise you on all matters throughout the entire visit.
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Individual design and property management
We can furnish your apartment according to your wishes and needs. If necessary, we will arrange rental management with 24/7 support in Slovak for your tenants.
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Assistance with mortgage arrangement
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

A long-prepared vision of the revitalization of SNP Square, the first phase of which, entitled "Living Square," was presented in May 2018. This first phase included a series of small and undemanding interventions that were to improve the condition and usability of the space until a comprehensive architectural competition was announced. The costs were at the level of EUR 900,000.The architectural competition took place in 2019-2021. The winner proposed a series of interventions that will unite the individual squares, while giving each square a separate identity. Transport should be largely calmed, however, an underground garage will be built in the lower part of SNP Square. Green areas should be preserved and expanded. The entire space should be leveled and extended.After a long preparation, work began in the autumn of 2025. The investor, i.e. the city, had to divide the project into smaller phases due to high costs.

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Characteristics

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Key facts about real estate in Slovakia

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EU Membership:
Slovakia is part of the European Union.
3-6,5%
Rental Income:
Net annual yield 3-6.5%.
12%
Price adjustment:
Average annual growth in asset value is 12%.