In 2018, the real estate market in Slovenia experienced a major growth especially when it comes to residential real estate. Even though the prices did not increase drastically in 2019, residential real estate in Slovenia is still in demand. Especially foreigners tend to buy real estate when starting a business in Slovenia. Due to the increase in tourism in the country, using residential real estate as means to generate business income is a good choice if you plan to start a company in Slovenia.
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Residential real estate market and prices in Slovenia
In the first half of 2019, the prices of residential real estate have increased by roughly 2% in comparison to 2018. On average, the prices of apartments are 1.810€ per square meter, while the prices for residential houses (169 square meters) are 127.000€ on average. From the Slovenian cities, the prices are the highest in the capital Ljubljana and the seaside. There the prices were on average over 2.500€ per square meter. In 2019, the lowest prices for residential real estate were in the North-Eastern Region (Maribor, Celje and Murska Sobota). There, they added up to between 1.000€ to 1.320€ per square meter.
Purchasing property can be a good choice for business investment in Slovenia
Many foreigners decide to invest in property in Slovenia. They see it as good business opportunity in terms of long-term and short-term rent. Nowadays, there are not only possibilities for offering classic accommodation through hotels or guesthouses but many companies decide to rent out their residential real estate through portals like Airbnb or Booking. As tourism is still increasing in Slovenia, owning real estate and using it for business is always a sound investment.
Most non-EU citizens cannot buy property as natural persons. They would have to register an LTD company to buy residential real estate and also use it for the company’s business activity. Opening an LTD company requires that the shareholder provides at least 7.500€ share capital. Also, all owners and representatives require a Slovenian tax number and the company needs a business address in Slovenia.
Do not hesitate and start your business in Slovenia now. For more information on company registration in Slovenia, send us an e-mail to [email protected]. You can also contact us over the phone 00386 1 6006 270 or 00386 40 530 718 (Viber, WhatsApp). You can also follow us on Facebook.