How did the coronavirus affect real estate prices?

The coronavirus pandemic has not only affected people's lives, but has also affected real estate prices in the real estate market. If you thought that the rise in prices had stopped, you would not be surprised.


Real estate prices are still rising

Living in your own family house or apartment is a dream idea of ​​an increasing number of families, but also individuals. For many, buying real estate is a good way to invest and value your money.

In the real estate market, prices rise every year. The coronavirus pandemic did not help to improve the situation either. According to the National Bank of Slovakia, average real estate prices rose by as much as 11.9% year on year last year. Real estate prices have risen throughout Slovakia. The largest increase was recorded in the Bratislava region.


The coronavirus affected real estate prices

Real estate prices are rising every year. One of the main reasons is the constant demand for one's own housing. In the real estate market, a small supply of apartments has been a problem for several years.
Due to coronavirus, the supply may be even lower. Developers or construction companies are also affected, as they have been forced to reduce their investments or postpone planned constructions. Another problem is the increase in the prices of building materials and their lack on the market.
Precisely because of the coronavirus pandemic, many banks have taken action and allowed deferrals of loan repayments. Also, the offer of banks for applicants for mortgage loans is still very favorable. Low interest rates and a long-term shortage of real estate will cause further price increases.


Are you thinking about buying a property?

Buying a property needs to be carefully considered and thought through, as it requires a considerable financial and time investment. Making the right decision and fulfilling your dreams and ideas about your own home is sometimes challenging. When buying, it is necessary to evaluate your financial situation and get as much information as possible about the market and real estate you are interested in. This will prevent unpleasant surprises that could increase your budget.


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fill the glass of a pure wine, the real estate agent is still speaks with a degree of contempt in his voice. Thrown into one bag with various pseudo-financial advisors or other vendors with hot water. To a large extent, however, for people to be themselves, because they sell their property thoughtlessly entrust into the hands of anyone.

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Started as a small family company, today offers nearly 1,500 real estate: RealityAlpia already in Poprad

Although Realtors grow as mushrooms after the rain, this is something different from the others. He prides ourselves on the professionalism of its agents, sophisticated forms of advertising and presentation of high-quality real estate. And its services can be used now and in Poprad.July 16, 2015 Monika VengrínováIllustration to article started as a small family company, now offers nearly 1,500 real estate: Property Slovakia already in PopradSource: Dnes24.skReality Alpia the real estate market operators have already been seventeen years. They started as a small family business recently, however, expanding and becoming one successful real estate company. Currently have six branches, the latest of them open only earlier this year, is currently in Poprad."For half a year of operation in this city we fetched a wide range and we adopted our team more capable brokers who care schools to provide the best possible service," said Managing Director Property Slovakia Michal potash.Up to two hundred properties in Poprad

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