Live in Bratislava and work in Vienna

Live in Bratislava and work in Vienna

Commuters often choose to buy their home in Slovakia to benefit from lower prices

 

Bratislava – the ancient capital of the Kingdom of Hungary – has changed a lot in the latest years. She is not anymore hidden in the shade of Prague, the modern capital of Czech-Republic that was the capital of Czechoslovakia until 1st January 1993, when the state peacefully split into the two modern countries.

Today, Bratislava is the capital and largest city of Slovakia. The cistyscape is characterised by towers dating back to the Middle Age and magnificent 20th-century buildings, but it has undergone deep changes after the construction boom that started at the beginning of the 21st century. Several major projects have been completed and some other have been planned in Bratislava. The most attractive areas to build include the Danube riverfront, the areas around the main railway and bus stations and the former industrial zone near the Old Town.

Bratislava is situated on both banks of the Danube river and is the only national capitals bordering two independent countries: Austria and Hungary. Bratislava and Vienna are close to each other: at just 60 km from each other. Many people buy a home here in order to benefit from lower prices and commute to the Austrian capital every day; indeed, it only takes half-an-hour to reach Vienna thanks to the opening of a new motorway. Low-cost companies have started to use Bratislava’s airport for both cities.

The price difference is evident: apartments cost between 6000 and 12000 euros per square metre in the “ring” surrounding the historic centre of Vienna; the average price in Bratislava, instead, is about 2500 euros per square metre. Prices are stable at the moment, but they should start rising again at the beginning of 2011. There are good-quality investment solutions at reasonable prices in the city-centre.

The average price in the city-centre is around 2300 euros for an apartment in high-level traditional buildings but rises to 2500 euros to buy a house. Prices are lower in the second district: luxury newly-built homes cost around 1800 euros per square metre here. There are also luxury villas on the hills. Prices are comprised between 500000 and 2 million euros, depending on quality and position. Another investment option is represented by modern de luxe complexes that include shopping centres, hotels and apartments. Prices go from 2000 to 4000 euros.

Vienna has reported a slight fall in prices but the economic crisis has not affected the Austrian capital too negatively. This is an opportune moment to invest in Vienna, above all in the high-quality sector that has slowed down its growth but is now starting to rise again. Among the best areas to make a property investment there are the historic centre – where prices for a good-level apartment start from 1 million euros, but the value of these properties can hardly decrease – the 13th district – where prices of newly-built apartments start from 5000 euros per sqm – and the 4th district – where there are beautiful villas for sale at a price of 1 million euros.

Additional costs to buy a real estate property are also higher in Vienna than in Bratislava. In Vienna, the costs involved in the purchase process include a 3.6%-commission, a 3.5% stamp duty, a 1% registration fee and 1.5% notary charges. The stamp duty was abolished in Bratislava in 2005. The only cost implied in the purchase process here is represented by a 3-6% commission that can be negotiated and includes notary charges and the registration fee. Despite this, it is worth saying that Vienna was ranked first for quality of life in a list of 127 world cities by the Economist Intelligence Unit. Furthermore, prices are lower than in other European cities.

Read also:

-          Winter holiday rentals in Austria and Switzerland

-          Former religious building for sale in Spain

-          Road-racing lovers invest in Belgium

-          First-rate investments at low prices in Hungary

-          Special real estate investment opportunities in Portugal

 

Moving to Europe

Moving to San Marino                     Moving to Scotland                                   Moving to Serbia

Moving to Slovakia                           Moving to Slovenia                                  Moving to Sweden

Moving to Switzerland                       Moving to Ukraine                                  Moving to Wales

Moving to  Italy                                Moving to Estonia                                Moving to Poland

Related Insights

  •  
    Live in Bratislava and work in Vienna

    Live in Bratislava and work in Vienna Commuters often choose to buy their home in Slovakia to benefit from lower prices   Bratislava – the ancient capital of the Kingdom of Hungary – has changed a lot in the latest years. She is not anymore hidden in the shade of Prague, the modern capital ...

Real Estate Listings

Cod. 40725

For sale House, Slovakia, Nitra, Zemianska Olca, Zemianska Olca

83,860.00USD
For sale
House

132 m²
I am offering for sale my 132 m2 house in a 1400 m2 wooded, grassed garden. Three large rooms, a dining room, a separate bathroom, a toilet, a pantry ...
Cod. 40511

For sale Building, Slovakia, Levoča, Tatra, 35 Klastorska Ulica

269,550.00USD
For sale
Building

1 m²
Outstanding restored ancient merchant house in the UNESCO town Levoca in the foothills of a high Tatras. On three floors , the attic is modern and br...
Cod. 40466

For sale Hotel, Slovakia, Žilina, Žilina, Vysokoskolakov

5,990,000.00USD
For sale
Hotel

5000 m²
Hotel West slovakia-Terchova Vratna Turist and ski resort
Cod. 39692

For sale Business, Slovakia, Nitra, Sahy, Ludovita Stura 14

Reserved negotiation
For sale
Business

1669 m²
Building for sale in Ipolysag We offer for sale or rent a business object in Ipolyság. The object is made up of two brick buildings on a flat, sunn...
Cod. 39679

For sale House, Slovakia, Partizánske, Skacany, Skacany

143,760.00USD
For sale
House

180 m²
This three bedroom house is located only 1.5 hours from the capital Bratislava and just over two hours from Vienna. The house is in the heart of the v...
Cod. 39578

For sale House, Slovakia, Nitra, ŠAĽA, NITRIANSKA 40 VE, 927 05

161,730.00USD
For sale
House

150 m²
new house in Sala (halfway between Bratislava (82 km) and Budapest (135 km), 150 sq.m, plot of 600 sq.m, 2 floors, 3 bedrooms, centralized electricity...
Cod. 39171

For sale House, Slovakia, Banská Bystrica, Drzkovce, Hlava Ulica 123

83,860.00USD
For sale
House

560 m²
I would like to sell my family house in small village in Middle South Slovakia. The house is ideal for a big family also for touristis purposes. The...
Cod. 39170

For sale Farmhouse, Slovakia, Banská Bystrica, Drzkovce, Hlava Ulica 123

35,940.00USD
For sale
Farmhouse

1515 m²
I would like to sell my farm buildings and growning area in Middle South Slovakia next to the Hungarian border. The farm is located in a beautiful val...
Cod. 39167

For sale Hotel, Slovakia, Prešov, Poprad, Tatranská Štrba

581,030.00USD
For sale
Hotel

2550 m²
For sale family pension. It has a good location in Tatranska Strba, where goes Zubacka Strbske Pleso, which is 10 km away by car. There are also OS tr...
Cod. 38622

For sale Office, Slovakia, Bratislava, Bratislava, Udernicka 3

1,491,510.00USD
For sale
Office

710 m²
In the moment, there are 2/3 of the rented area, the tenants have a 3-month notice period
2005-2020 REALIGRO REAL ESTATE LTD. All Rights Reserved - VAT Nr: 893969932
Neikos Digital Agency
  1. Preferences

    For a better use of Realigro website, set your preferences for language, currency, square meters or sq ft.

    Set now Don't show again
BB