Bratislava’s Downtown district is home to some of Slovakia’s most lucrative properties. The Metropolis project might not be setting any height records, nevertheless it stands out with the highest apartment prices in the city centre. Far from deterring buyers, this seems to enhance its appeal.
Two thirds sold
Of the 292 apartments on offer, 65% have already found their new owners, with the priciest one selling for around €1.7 million. Sales commenced in November 2020.
The project drew considerable interest from the side of mortgage clients during the initial sales phase, thanks to low-interest rates. Buyers recognised it as a promising investment opportunity.
Coupled with Metropolis’s advanced technology and high standards, buyers anticipate the property will maintain its value over the long term.
Mortgage buyers decline, cash buyers dominate
The sales plans have remained largely unaffected by the crisis related to the war in Ukraine or extreme inflation. Although these apartments carry a hefty price tag, Metropolisis among the few projects without an inflation clause, ensuring that the initial purchase price remains unchanged.
Currently, more clients are financing their homes independently, often through the sale of other properties. Interestingly, a majority of new contract signees are individuals aged 50 to 60.
Recuperation or ceiling heating in every apartment
The developer has prioritised the use of high-quality technologies. These features set this building apart from other Downtown projects.
Each apartment boasts a Wolf autonomous heat recovery system with a premium filter, providing ventilation and fresh air with minimal irritating pollen – a boon for allergy sufferers.
Plus, Rehau ceiling cooling and heating systems offer healthier alternatives to traditional models. Each room has its own thermostat, so it’s not a problem to turn down the heating in one but leave it on higher in the other.
Ventilation, heating, or cooling options can also be set remotely using a mobile app. External shading, which will protect apartments from the summer heat, and high-quality windows also contribute to thermal comfort.
The last high-quality newbuild for the foreseeable future
Metropolis is the only project in the area offering spacious private terraces with maintenance-free greenery or front gardens. A semi-private garden with secluded corners also enhances the connection with nature.
This might be the last opportunity to invest in a new-build of this quality in Bratislava’s Downtown for the foreseeable future due to significant increases in material costs.
