Real estate investment in Slovakia

Foreigners can freely buy, rent out and sell real estate in Slovakia.

Statistics confirm the liquidity of investments: residential real estate prices grow every quarter by an average of 2%. Five years ago, an apartment of 100 m² cost an average of €153,000, and today it is sold for €228,000.

€2,283

Average price per 1 m²

2%

Average price growth per quarter

0,01—2%

Associated costs, of the property value

How the residential property price index is growing in Slovakia

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Cost of a 3-bedroom apartment in Slovakia

€1.3 million

Penthouse in Bratislava, in a new residential complex in the prestigious Staré Mesto district, overlooking the historic city centre

€500,000

Apartment in Bratislava, in the Nové Mesto district, in a 10‑minute drive from the centre

€200,000

Apartment closer to the outskirts of Bratislava

Slovakia residence permit or citizenship by real estate investment

Obtaining a Slovakia residence permit or citizenship is not connected with purchasing real estate.

Discover real estate market trends in 41 European countries

Practical Guide

Discover real estate market trends in 41 European countries

Taxes and associated costs

A guide about investing in real estate was prepared by our expert

Frequently asked questions

  • Can foreigners buy property in Slovakia?

    Yes. Foreigners can buy, sell, and rent out property in Slovakia with no restrictions.

  • What is the average house price in Slovakia?

    The average cost of 1 m² of real estate in Slovakia is €2,283. The most expensive housing is in the capital city, Bratislava, where the average price of a three-bedroom apartment in the centre is €500,000. In smaller cities, for example, in the centre of Presov, a three-room apartment can be bought for €180,000.

  • Can Americans own property in Slovakia?

    Yes. Foreigners, including US citizens, can own, buy, sell, and rent out property in Slovakia with no restrictions.

  • Are taxes high in Slovakia?

    Taxation in Slovakia is relatively moderate. For example, income tax is levied at two different rates: 19% on income up to €37,981,94 and 25% on income that exceeds that. The corporate income tax rate is 21%.

    Property owners in Slovakia pay an annual property tax of €0,033 per 1 m². Buyers of real estate in Slovakia pay a notary registration fee of 0,01— 1,5%.

    If a real estate seller in Slovakia has owned an object for less than five years, they pay capital gains tax: 19%— 25% of the difference between the sale and purchase price.