Buying a House Abroad: Slovakia

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A Place in the Sun (Channel 4) recently estimated that a £100,000 investment could on average increase by 326% in 10 years, being ranked the 7th best place in Europe to invest.

Bratislava is the main city with properties of interest for overseas buyers. It's also getting an influx of tourists due to the cheap flights from low-cost airlines.

Lonely Planet Guide to Slovakia

Beautiful images of Slovakia

Ask a Professional

There are investment prospects in Slovakia, but it is essential that you seek independent expert professional advice before undertaking any property purchase. There are lots of things to bear in mind, including local laws and regulations, taxes, surveyor's assessments of the building, financial currency exchange, dealing with interbank transfers, volatity of the housing market, etc. etc. In some Eastern European countries there are various restrictions on foreigners owning land or property, so this needs to be checked out fully. Any property purchase is a major undertaking.

It may seem obvious but it's well worth going on holiday to a country several times to see if you like it.

Guide to buying property in Slovakia (Channel 4)

Houses for Sale (Exploring Slovakia)

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