Residential market in Bratislava has been very active during the last 5 years. In the last 3 years, we see slower supply with demand being relatively strong, despite of the COVID-19 impacts. Short supply has caused steady price increase. The supply decrease is caused by the lack of available plots and extremely long permitting processes.
In uncertain times, just like the one we are currently living in, it is very difficult to make predictions about the development of the market. Price stabilization and correction is expected especially in the weaker locations and for overpriced projects, with limited added value, that were profiting only because of very high demand and low supply.
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