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Welcome to TheMoveChannel.com Slovakia News Homepage, where you can keep up with all the latest Slovakian property news, covering a range of property investment, real estate industry and personal finance news topics. If you like our news, why not sign up to one of our newsletters or RSS feeds and read it every day!Europe and the 'unlucky horseshoe'
The worst performing markets of 2009 were Ireland, Spain, Greece, and most central and eastern European countries. The Baltic States were hit particularly hard with price falls ranging from 27% to 53% in 2009. Together, these countries form a geographic ‘unlucky horseshoe around the edges of Europe', according to reports author, Professor Michael Ball.
Over supply is likely to hold back recovery in some countries, most notably in Spain, Cyprus and Ireland where both unsold holiday homes and primary residences could bring these markets further problems, the report also points out.
According to Land Registry statistics, the number of property sale contracts deposited by non-Cypriots in 2009 was down 73% on the 2008 figure and down by 84% on the number deposited in 2007.
Latest Slovakia News
Investment activity in the core Eastern Europe property markets of Poland, Czech, Slovakia, Hungary and Romania increased in 2011, according to global property consultant Cushman & Wakefield.
The hotel chain will open its first DoubleTree by Hilton property in the Slovakian capital of Bratislava.
House prices in the world's major economies, which in 2009 were down an average of 5 percent from 2007, may keep dropping, said Prakash Loungani, an adviser to the International Monetary Fund's research department.
Current economic events provide both high risks and potentially high rewards for investors in the Central and Eastern European property market, claims one expert...
Slovakia is one of the safest places to make a property investment in 2009, it has been claimed...
Slovakia is poised for a sustained period of strong economic growth in 2009, it has been claimed...
The construction sector's seasonally adjusted production decreased by 1.1 per cent in the euro area in November 2008, compared to previous month, and by 4.7 per cent year-on-year, according to figures published by Eurostat, the Statistical Office of the European Communities...
As the 16th country to adopt the Euro, Slovakia is hoping that becoming part of the Eurozone will help bring economic stability during the global economic crisis...
Quinlan Private Golub, the central and eastern European development company of Ireland's Quinlan Private, is to develop a large shopping centre scheme in Bratislava, Slovakia...
Worsening economic conditions have now taken a toll on almost every commercial property market in the world, according to a global survey of real estate surveyors...
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