• The supply of apartments in new projects has doubled year-on-year. Prices have stabilised, with new apartments now 12% more expensive than in 2021.• Supply on the secondary market also doubled, but growth stalled in Q4. Prices have stabilised, even falling by 5% in the second half of the year but are still more expensive than in 2021.• Supply in the rental market has halved and prices have...
“I think that the premium market is not at any risk because of current situation. One of the reasons for this is that there are few such apartments, and their package is limited,” says Jaroslav Mida, investment director at Mint Investments. How is the Metropolis project progressing?The project is progressing according to plan. Today we are between the eighth and ninth floors above ground,...
The HERRYS legal department has prepared a summary of the most important information you need for filing a real-estate tax return. What is real-estate tax?Real-estate tax is governed by Sections 4 to 18 of Act no. 582/2004 on local taxes and on the local fee for municipal waste and minor construction waste, and concerns taxes on apartments, commercial premises, buildings, and lands.By the ter...
“With Metropolis it was love at first sight,” admits Michal Kaderka, project manager at Takenaka, which is realising construction of Metropolis in Bratislava’s downtown. In the interview, he mentions his recent experience in Dresden, where he built a challenging residential building right in the centre under the conditions of full traffic, and in the vicinity of a pedestrian zone. He views M...
says Jaroslav Mida, investment director of the Czech development company Mint Investments building the Metropolis project, about the Bratislava’s new downtown in the following interview. Jaroslav is a native Košice and came to Prague for his studies, opening for him the doors to the world of real estate. In the interview, he mentions what experience he gained from working in one of the top Czec...
Top-quality materials and environmentally-friendly solutions are among the current trends appealing to buyers when looking for a new home. For more than 83% of respondents, the construction as such and layout are more important than the interior or standard alone, both of which can be changed if needed. This all comes from a survey carried out by Herrys real estate agency.Construction elements and...
The Mint Investments Group was founded twenty years ago as an investment real estate fund, today it is a successful developer in the Czech Republic and Slovakia. It is currently building one of the most prestigious residential projects in the trendy and modern centre of Bratislava, bearing the appropriately dominant name Metropolis. The story behind it is told by Sebastien Dejanovski one of the fi...
Successful year of the Czech Mint Investments Group was concluded with a 4-time triumph during the awards ceremony of Czech Republic CIJ Awards 2022. At the gala dinner held on 1 December at the Marriott Hotel in Prague, the company took home awards in 4 categories – Leader of the Year, Best Asset Manager, Best Transaction of the Year, and Best Upcoming Residential Development. Sebastien Dejanov...
Metropolis has had a rare visit. The project has been inspected by the 80-year-old descendant of the founders of Takenaka, who are the general contractor for the upper construction of this residential project in Bratislava downtown.After the plants for Kia in Žilina and Jaguar in Nitra, Takenaka, a Japanese company with a 400-year tradition, is now involved in the development of the Metropolis re...
This year’s prestigious CIJ Awards have been given out, with Herrys real estate agency winning for the ninth time now in the Best Local Real Estate Agency category. The award for the best residential upcomming development of the year went to Metropolis by Mint Investments, which is currently under construction.In the 18th year of the CIJ Awards HERRYS real estate agency was confirmed as the mark...
Some outlines of the iconic M of the Metropolis residential project are already taking shape on Bratislava’s downtown skyline. Two separate towers will rise up to their 16th and 18th storeys, to a height of 63 metres. The lucrative location will gain 298 high-standard apartments and suites, each with a number of interesting technical features. What will Metropolis hold within ?Groundwork on Metr...
Katarína Lindbergh is one of the five partners of the investment and development company Mint Investments. In an interview, she talks about the paths that brought them together 20 years ago, first as friends, and later as business partners. The group is behind several successful real estate projects in the Czech Republic and Slovakia, and over the past five years has concluded transactions totall...
Many people are discouraged from buying or selling an apartment or house via a real estate agency. They are afraid that the agent will take a high commission for their services and thus the property will get sold for less than they could get otherwise.Is it really like that? How should we recognise a good real estate agent, what should they do for us? What commissions do real estate agencies truly...
Katarína Lindbergh has had a lot of good luck in her life, but it was high-quality education that enabled her to convert it into long-term success. In this interview, she talks about studying in the USA, Sweden and also in Slovakia, and about the opportunities it created for her. While working for Erste Bank in London, she made friends who later became business partners in real estate investments...
Every construction project presents unique challenges. The Metropolis project has several because it is a unique architectural solution in an interesting location. The developer, Mint Investments, has therefore decided to work with the most experienced professionals. In this interview, Martin Tkáč from Grinity explains the value that investor’s technical supervision services provide for this r...
A large year-on-year drop in demand, though compared to the second quarter of this year the number of apartments sold decreased in line with the standard curve – this is a brief description of the third quarter on the market in new residential projects in Bratislava. What has barely changed, though, between these quarters is the price. On average, this remains at 3 868 €/m2 excl. VAT, i.e. an ...
The developer of the Metropolis residential project is not planning to insert an inflation clause into contracts. Recently, several developers have introduced these clauses into contracts with the aim of reflecting in their apartment prices potential increased construction costs or prices of future supplies that have not yet been tendered. The developer Mint Investments, which is building Metropol...
Following reconstruction of the original residential building dating from 1937, 8 apartment units have been added to the prime location on Špitálská Street, with the estate agency HERRYS overseeing their sale. The apartments for sale are one- and two-room ranging from 24 m2 to 51 m2, with prices starting at €169 931 incl. VAT. The reconstruction has bought the building up to the sta...
Average prices in new builds in Bratislava increased by 18.5 % year-on-year, despite the decrease in the number of apartments sold, according to data from HERRYS estate agency. More than 680 apartments in new builds came on the market. Demand slowed slightly, with nearly 570 apartments sold. The average price of apartments in projects climbed to 3 802 €/m2.Apartment prices increased by 18.5 % ...
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