Buy Slovakian Property – For Outstanding Investment Returns & Low Risk

Buying property in Slovakia offers excellent returns coupled with low risk.

Savvy investors are snapping up property in the capital Bratislava and other property hot spots and making excellent long term gains.

Buying Slovakian property is cheap and being an emerging market, it offers far better risk to reward than many other popular property investment destinations.

There are a number of reasons to consider investing in Slovakia.

1. EU Membership

Slovakia joined the EU in 2004.

EU legislation ensures political and economic stability that inspires confidence for people to invest in the Slovakian Property market.

It guarantees EU citizens legal rights to all investors and there no restrictions on buying property in Slovakia for EU citizens.

This is not the case in many other new member states, where foreign investors have to form a company in order to buy property and get approval from local authorities.

2. Excellent Location

Slovakia has an excellent location at the hear of Europe and has borders with:

Austria, Czech Republic, Poland and Hungary and the Ukraine.

The capital Bratislava is the most obvious location for foreign investors wanting to buy investment property in Slovakia.

Bratislava is centrally located and is close to the 3 major capitals however property prices are significantly cheaper.

Bratislava is just 30 miles from Vienna, around 2 hours from Budapest and 3 hours from Prague.

Prices in Bratislava are far cheaper than in Prague or Budapest and the city has charming baroque architecture and a lively cosmopolitan atmosphere.

The city offers prices in the best areas from just $60,000 and offers excellent potential for those property investors looking for capital growth, or income from "the buy to let market"

Bratislava property growth will be a by product of the economic expansion of the country and the outlook for the Slovak Republic is rosy.

3. Economic growth

The property market is linked of course to economic prosperity and now Slovakia is established in the EU, Many companies are re locating their operations to Slovakia. to take advantage of the lowest labor
costs in the EU.

GDP was is in excess of 8%, for 2006 2006 and a similar level of growth forecast for 2007.

Slovakia has made numerous changes to foster economic growth.

These reforms have made the country much more attractive for foreign property investors.

For example, the auto industry in Slovakia is now emerging as the highest producer of cars per capita in the World.

Another area of expansion is in tourism.

Slovakia lags behind neighboring countries such as Hungary and the Czech Republic, but the country is affordable and beautiful.

It offers lively towns, rolling hills, forests and snow capped mountains.

Buying property in the Slovakian countryside outside of Bratislava is cheaper, but potential for growth is excellent.

The mountainous regions of the country make excellent affordable second homes and are great to tap into the lucrative "buy to let" market for the growing skinning industry.

The ski resorts are popular with foreign buyers in around Ruzomberok in the central Velka Fatra range, Jasna in the Low Tatras and also the towns of the high Tatras - Zilina and Poprad.

Buying property in Slovakia – An emerging market with potential

The Slovakian property investment market is new, affordable and offers good solid long term gains.

For those investors looking for solid growth over the medium terms with low risk. - Slovakia property investment has a lot to offer.