- Slovak cities have low availability of new apartments.
- Turin and Odense have the most accessible housing in Europe.
- The highest unavailability of flats is in Amsterdam and Athens.
- Tel Aviv has the highest prices of flats according to m².
- Bratislava has an average rent of € 15.4/m².
Košice, Banská Bystrica and Bratislava are among the least available European cities in terms of the possibility of buying a new apartment. This stems from this year’s publication Property Index of the International Advisory Company Deloitte, which provides information on the European Property Market.
Currently 14. The edition contains data from 28 countries including Israel and Turkey. The whole ranking contains almost 40 different places. Housing availability is calculated on the basis of how many average gross annual wages are needed by residents of a particular city to buy a new apartment with an area of 70 square meters (m²).
According to the ranking, it is most available to the inhabitants of the Italian Turin and the Danish town of Odense, They need less than five years of salaries to buy an apartment (4.9). On the contrary, to live in your own The most demanding for the inhabitants of the Dutch Amsterdam, who have to save 15.4 gross annual wages.
The second place in the unavailability of housing was placed Greek Athens (15,3), the third is Prague (15). All three analyzed Slovak cities came to the seven of the least available places. In the fourth place are Košice (14.2), in the sixth Banská Bystrica (12.8) and the seventh Bratislava (12.3).
“Slovakia and the Czech Republic are again among the countries with the worst opportunity to get their own housing, and the difference between wage growth and real estate prices is deepened, as wages cannot keep up with rising housing costs,” evaluated Miroslav Linhart, partner in Deloitte Czech Republic, who is also the leader of the team of real estate and construction consultancy in Deloitte Central Europe.
Compared to the CI themselvesEN new apartments is the most expensive city of Tel Aviv (13 970 EUR/m²). Three other cities – Luxembourg, Munich and Paris – surpassed the € 10,000 per square meter. On the opposite side of the ranking is Ankara (905 EUR/m²). With prices up to € 1,500/m², Izmir (Turkey), Dragon (Albania), Patra (Greece) and Istanbul (Turkey) follow. The most expensive of Slovak cities is Bratislava (3 909 EUR/m2), followed by Košice (3400 EUR/m²) and Banská Bystrica (2 973 EUR/m²).
“Despite rising prices, more than 1,600 new flats were sold in Bratislava last year, which is a double increase compared to 2023. Sales could also have an impact on the planned increase in VAT rate to 23 % in 2025, which could make it cheaper in consumers, ”explained the partner and lawyer in Deloitte Legal Dagmar Yoder.
The highest average monthly rent for the apartment was reached last year by Luxembourg, where it reached EUR 43.4/m². The Luxembourg metropolis was also significantly overtaken by Paris and Dublin, in which the rent exceeded EUR 30/m². The lowest rent, less than EUR 6/m², was paid by the inhabitants of the Drag, Vlora (Albania), Ankara and Plovdiv (Bulgaria).
Bratislava with a price of 15.4 euros per square meter is located approximately in the middle of the ranking. Compared to the main cities of countries adjacent to Slovakia It is a rent higher in Prague and Warsaw, while in Budapest and Vienna is lower.