Bratislava Real Estate
Bratislava is attracting many expats thanks to its central position, accelerating business life, lively cultural scene but with still livable atmosphere. Whether you are looking to buy Bratislava apartments, commercial properties, houses, looking for long-term accomodation or vacation rentals, our brief overview of Bratislava real estate should help you find your bearings in the Bratislava real estate market.
Moving to Bratislava
Located on the banks of the Danube and Morava rivers, Bratislava is the capital and largest city of Slovakia. As it is situated in the south-west of the country, Bratislava borders both Austria and Hungary, and as a result is the only city in the world that borders two independent nations. As the capital city, and political, cultural and economic center of Slovakia, Bratislava is home to around half a million people. Of its population, around 90% are native Slovaks, but due to its close proximity to Hungary and Austria, there are also large Hungarian and Austrian communities, as well as Czechs, Germans, Moravian, and Croats. Although Slovakian is the official and most commonly spoken language in the city, many people also speak either German or Hungarian as a second language. Due to Slovakians closeness to Czech, this is also widely understood.
Plenty of apartments are available for immediate rental in Bratislava. Rental prices start at about EUR 600 (+utilities about EUR 200) per month for apartments located in the centre of Bratislava and drop mostly with longer distance from the center of Bratislava. There are some special cases, such as the village of Zahorska Bystrica, where rent for properties (houses) can compare with the price of centrally located luxury flats. Rental prices for apartments situated in less demanded districts including Nove mesto, Ruzinov, Karlova Ves, Dubravka, Raca or Petrzalka (i.e. districts Bratislava II through Bratislava V) start at EUR 400 for one-room (studio) apartments, EUR 500 for two room apartments and about EUR 750 and more for three bedroom apartments. Flat sharing is common between students and young professionals with lower prices. The usual letting period for apartments is one year. Flats range from studios (garzonka), usually with a small hallway, a single room and a kitchenette in one of those spaces to multiple bedroom flats and penthouses. Usually, flats are referred to not by the number of bedrooms but by the number of rooms (i.e., a 3-room flat would be the equivalent of a flat with two bedrooms and a living room).
The Climate in Bratislava
As it is located in the North Temperate Zone, expatriates moving to Bratislava will need to adjust to a moderate continental climate, which is characterized by hot, humid summers and cool winters, with rainfall spread evenly throughout the year. With yearly average rainfall of around 565 mm (22.24 inches), Bratislava is one of the driest places in all of Slovakia, as well as one of the warmest. The hottest month of the year is August, during which the temperature is around 27.0°C (80.6°F) on average, however highs of 36.3°C (97.3°F) are not uncommon. By contrast, the winters tend to be much milder, with average temperatures of around −0.4°C (31.3°F) in January, which is the coldest month of the year. Although snow does fall during the winter months, it is becoming less common. As Bratislava is located on the Danube and Morava rivers, flooding can be an issue in some parts of the city, particularly in areas like Devín and Devínska Nová Ves.
Visas for Slovakia
Whether or not you will need a visa for Bratislava depends on your nationality or citizenship. As Slovakia is a full member of the European Union, citizens of EU/EEA nations and Switzerland will not need a visa to enter the country, or to move to Bratislava for an extended period of time. However, you will need to register your presence with the Slovakian immigration authorities on arrival in the city. However, non-EU/EEA/Swiss citizens will need a visa to move to Bratislava, and may need one to enter Slovakia. Tourist and short term business visas last for up to 90 days, and can be applied for through your local embassy or consulate. However, if you wish to stay for longer than this period then you will need to apply for a temporary residence permit (TRP), which lasts for one year. You will need to apply for this before moving to Bratislava in your home country.
Next time we will descuss buy to let investment opprotunities in Bratislava!