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Slovakia in the focus of 800 million people
Just 5 minutes drive from CE INVEST office in Bratislava, the National Teams of the World’s 16 best Ice Hockey Nations are playing 56 games in Bratislava and Košice, Slovakia – from April 29 to May 15, 2011. Approximately, 350,000 spectators and 800 million TV viewers are expected.
How is progressing Slovak economy now?
Industry
The dynamics of Slovakia’s industry continues to slow. While in February the an‐nual growth of industrial production slowed 6.5 percentage points m/m to 10.8%, in March the pace decreased to 6.8%, informed the sta‐tistics office SU. (HN/14)
Construction
In March, construction output grew for the first time this year. Compared to March 2010 it increased [...]
Property prices in Bratislava are comparable to the prices in year 2007
According to the latest research of central bank of Slovakia and National Real Estate Association the prices of real estate for housing came to €1,264 per sqm in 1Q, and were 2.5% lower y/y and 0.5% lower q/q. In 4Q of 2010, prices fell 2.1% y/y, and in 2010 fell 3.9%. In 1Q, prices were [...]
CE Invest Catherine Dickens Merger
We are proud to announce a merger between CE Invest Group (Hungarian and Slovak companies) and Catherine Dickens Properties www.catherinedickens.com under the new name Central European Property Group, registered in Budapest. Owners Catherine Dickens Gore, Martin Melisko, and Andras Patkai believe that CE Property Group has the experience, know-how, and potential to emerge as a [...]
Cheapest Historical Mortgage Rates for Slovaks
The local banks are again competing for future home owners, who are going to use a mortgage to purchase property.
The regular bank interest rates are between 3.8-5%, however, the Slovak government is offering an interest rate subsidy, which is currently 3%. This means that the regular bank interest rate is lowered by 3% during the [...]
Are you thinking to sell? – 2011 Real Estate market overview in Slovakia
GDP growth prediction for 2011 in Slovakia is estimated to be 3.6%. The real estate prices dropped by average 10-15% in Slovakia due to the world economic crisis.
As a result of the balanced economic growth in Slovakia during the boom times, there was no significant real estate bubble created which could be compared to that [...]
Our exclusive agent became CENTURY 21 CE DEVELOPMENT
We are happy to announce that CENTURY 21 CE Development is an exlusive agent for CE Invest Slovakia. From November 2010 CENTURY 21 CE Development is providing sales and rental agency services for our clients who now enjoy the Golden Standard services of a global CENTURY 21 network of sales agencies. This way, we can [...]
Income Tax on Rental in Slovakia
Although income tax is 19% in Slovakia, the available incentives are so large, that an average apartment owner ends up with paying less than 2% tax on gross rental income. Here is how.
The deadline for submitting the 2009 Tax Return in the Slovak Republic is March 31, [...]
Slovakia – Locals Buying
CE Invest is successfully selling the apartments of foreign investors to the local market in Bratislava. The demand for quality housing in the capital city has not abated and now that the prices have come down a little (20%), Slovaks have decided to buy. This phenomenon can only [...]
Overview for Buy-to-Let Investors in Slovakia and Hungary
Generally the year 2009 has been a bleak year for buy-to-let investors worldwide. The crisis came with a delay to Eastern Europe where sellers and developers refused to believe the gloomy predictions until there were obvious signs. Individual buyers, mainly from the UK, and foreign investment funds, [...]
