Resale property broadly falls into three categories; Apartments or flats, Houses or family homes and Cottages or ski lodges.

Flats are generally high rise concrete structures, in the center of towns and generally uninviting, apartments on the other hand are normally housed in one building of no more than 8 in number often there is great importance given the character of the building in relation to its environment. Apartments are generally attractive, of a very high quality and well maintained.

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Houses are sometimes termed as ‘family homes’, are usually detached and often have extra living accommodation through loft conversions. Newly built houses will have full cavity wall and thermal break insulation plus insulated roofs and double glazing as standard. Traditional houses built before the 1950s are spacious, excellently constructed and often set within large parcels of land. Renovation or ‘reconstruction’ as it is called may or may not be necessary; however, modernization and improvements to décor will probably be required.

Larger houses often known as ‘pensions’ or guest houses are common place and can make an excellent purchase for those wishing to establish a tourist business. Many of these properties have the possibility to be converted into apartments for short or long term lettings: Prices for pensions start from as little as GBP£50,000.

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Cottages are typically found in wooded forest areas or lakeside locations being used as summer and winter retreats. Usually they are timber constructed with brick or concrete foundations. Cottages make an excellent investment for those seeking a get-away-from-it-all haven. Some expense may be needed to improve the decor and electrical installation etc.

Unlike France and Switzerland ski lodges are very difficult to find and purchase as this market has yet to be developed, however there are a number of developers concentrating on this potential gold mine with new developments beginning in the High Tatras where Slovakia boasts world class ski resorts and was a contender for the 2006 Winter Olympics. Ski lodges or apartments with close proximity to ski lifts will offer excellent investment opportunities for the foreseeable future.

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Before purchasing land the buyer must ensure that the land is free from mortgage or encumbrance and can indeed be sold. Land must be sold with all services connected otherwise known as ‘engineering’; this allows the buyer to begin construction immediately after the purchase if intended.

Newly built houses are becoming more popular as the buyer is able to be involved with the design and construction from start to finish. The variety of traditional and modern housing styles found in Slovakia is extensive and offers many differing architectural influences. All new-builds must conform to regulations as laid down in Slovak law, in addition to the minimum requirements set by the European Union. The building of the house is normally completed within 4 to 6 months with all work guaranteed for 3 years by Slovak law. Slovakia Property Shop can help with land purchase, architectural design, planning approval and construction. For your protection all our procedures and documentation is translated to English.