Property prices in Slovenia are higher by 1,1% in the first quarter of 2020

Property prices in Slovenia are higher by 1,1% in the first quarter of 2020

Property prices In Slovenia are higher by 1,1% in the first quarter of 2020 compared to last quarter of 2019. Even though it seemed that the coronavirus outbreak might decrease property prices in Slovenia, it is still not the case. Real estate business in Slovenia is still expanding, especially due to construction of new residential real estate all around the country.

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Property prices in Slovenia in the first quarter of 2020

Property prices of new residential real estate were 0,1% higher in average in the first quarter of 2020 compared to last quarter of 2019. Also, property prices of used residential real estate grew by 1,2%. The accumulated value of all sold real estate in the first quarter was 289 million EUR. Due to the coronavirus there have not been as many concluded sales of real estate in this period, while there is a also a lost of new residential property in construction. The estimations are that when the new properties will enter the market and when the market stabilizes after coronavirus, property prices will most likely decrease and hence make it suitable for a lucrative investment.

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As most non-EU citizens cannot buy property in Slovenia as natural persons, the first step is to open a company.  Non-EU citizens can register an LTD company in Slovenia with 7500€ share capital. If you are expanding your existing business you can also register a daughter company or a branch office in Slovenia. Do not miss the unique opportunity to learn about property prices, company registration and business immigration to Slovenia. DATA can offer you full support in the consultation and the company registration. Also, you can contact us for more information. Send us an email to [email protected]. You can also call us on +386 1 6006 270, Viber/Whatsapp +386 40 530 718 or skype data.business7.

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