Property Abroad News | Overseas Property News | News Articlse

slovakia flag Slovakia Property

Location Search

Featured Property

32 bed Hotel in Slovakia

An outstanding opportunity to purchase a very popular 32 roomed Hotel in the picturesque village of Telgart.Telgart is situated in the Low Tatras mountains and is only 20min drive from one of Slovakia... Prices From: £550,000

Property Details >

Join Our Newsletter

Enter your email address into the box below to start receiving overseas property newsletters.
Be the first to view our new properties:

View Newsletter Archive >>

Property News

Signs of Hope in Bulgarian Economy and Property Market
2010-03-18
Several signs of hope have emerged that the Bulgarian recession could be coming to an end.....
read more...

What Has Changed in the Austrian Property Market
2010-03-17
The Austrian property market is one of the least publicised property markets in the world, Liam Bail.....
read more...

Australia Property Market Sees Rising Investment
2010-03-16
Despite bubble warnigs there has been a significant increase in the percentage of mortgages that are.....
read more...

American Housing Market Facing Further Repossessions
2010-03-15
Millions of delinquent loans threaten second wave of foreclosures to rock the housing market.....
read more...

slovakia tipped for overseas property investment 2009

News Posted On: 16 April 2009

Slovakia is one of the best places in the world right now to make a property investment, according to Property Abroad.com. The low prices of property and economic robustness of Slovakia were cited as reasons for the recommendation.

"Property is cheap and set to get cheaper for British buyers, as Sterling continues to strengthen against the Euro, which Slovakia has just transferred to as its currency. On top of that Slovakia's economy is proving robust amidst the international downturn, and growth will return in 2010, said Les Calvert, director of the overseas property portal.

"There is absolutely no doubt in my mind that prices for property in Slovakia will grow by 100% - 150%. Over the next 5-10 years," he added.

In an earlier press release detailing why Slovakia was the most robust emerging market, Les said:

"Slovakia GDP growth was recorded at an incredible 7.1 for 2008, we see it falling to a more sustainable 2-3% for 2009, where it will likely stay for 2010. We predict similar things as above for Bulgaria, but Bulgaria's current account balance is in a far worse state than Slovakia's."

Property Abroad is currently advertising property for sale in Slovakia from just over £5k, and that is for an actual property not land.

At that price it is entirely possible that the property will need a lot of work, in fact demolition to re-build may be the better option, but £5k is still an incredible bargain even for land with planning permission. The portal is also advertising a farm-house for £17,000. With properties at prices like that and such a bright economic future, one is almost forced to agree with Property Abroad's assertions.

Back to news articles for this country

Latest Related News Articles in Slovakia

Slovakian Economy Coming Out of Recession Faster than Most
2010-03-10
Eurostat figures show Slovakian GDP saw the second biggest growth in the EU in the final quarter of .....

Slovakia Scores High Marks for Economic Recovery
2010-01-22
Slovakia has topped the charts in many Eurostat reports into economic data lately, most recently wit.....

Slovakia Property Still One of 2009 Safest Investments
2009-11-18
Just as we said back in February, Slovakia is outperforming the rest of Europe in terms of economic .....

Slovakian Government Forecasts Flat to Strong Growth
2009-09-25
The Slovakian government has forecast a 5.6% contraction for this year, but as it has already contra.....

Slovakia Economy Looks Likely to Avoid Recession
2009-08-17
There was a great big fuss last week when Eurostat revealed that Germany and France had returned to .....

Slovakia in top 10 European Destinations for Property Investors
2009-06-26
Slovakia is in the top 10 best destinations in Europe for property investment, it has been stated. C.....

Property Abroad Hails Slovakia Property Investment Potential
2009-04-24
Property Abroad name Slovakia as one of the safest places to invest following months of research......

Property in Slovakia an overview
2009-04-20
An overview of Slovakia and its property market. A brief look at what is hot in the Slovakian proper.....

Slovakia Tipped for Overseas Property Investment 2009
2009-04-16
Slovakia is one of the best places in the world right now to make a property investment, according t.....

Slovakia offers good value to tourists
2009-02-04
The low prices in Slovakia are likely to help it remain a popular destination for holidaymakers from.....

Your Property Shortlist

You currently have 0 (max 10) properties in your overseas property shortlist.

Recently Added

Detached Villa in Unique Location.

3 bed Villa
Crete - Greece

A detached villa in a unique location situated on ... Prices from: £628,677

Property Details >

Stone House with Sea Views and Terrace.

2 bed Rustic House
Crete - Greece

An old stone house with sea views situated in the ... Prices from: £58,377

Property Details >

Gur Villa 3

3 bed Villa
Aydin - Turkey

GUR VILLA 3 Location: These villas are situated ... Prices from: £60,000

Property Details >

Yasar Detached Villa

4 bed Villa
Aydin - Turkey

YASAR DETACHED VILLA Location: This 4 bedroom ... Prices from: £90,000

Property Details >

Secluded villa in half an acre

3 bed Villa
Algarve - Portugal

This splendid, spacious property is situated in ... Prices from: £763,394

Property Details >