Slovakia - real estate and property investment opportunity
July 24th, 2007 by Ines
The investment climate today in the Slovak Republic is very positive. There are a number of reasons why property investors around Europe are now paying a lot of attention to the opportunities in Slovakia, and, in particular, Bratislava.
These include:
1. The country’s accession to the EU on the 1st May 2004:
Membership of the EU, in itself, does not provide any guarantee of good returns on investments. However, it helps to ensure a certain level of political and economic stability and guarantees EU legal rights to all investors. Moreover, there is no restriction on the purchase by EU citizens of commercial and residential property in Slovakia. This is unlike the situation in some other new EU countries where a foreign investor has to form a company in order to buy property or has to get permission from local authorities.
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