The Slovak Republic is bordered by four other EU countries - Austria, Czech Republic, Poland and Hungary - and by the Ukraine in the east. Bratislava, the capital is only 30 miles from Vienna, 2 hours by road/rail from Budapest and approx. 3 hours by road from Prague.

This is an opportunity to invest in a market that is ever increasing and holds all the ingredients for a sound investment for Experienced Investors.

Why Slovakia?
The investment potential here is huge. It has very much gone under the radar of a lot of Irish Overseas Property companies to date. Slovakia has outperformed all of its neighbours over the past couple of years in terms of economic growth with a GDP growth rate in excess of 8% achieved in 2006 and a similar level of growth forecast for 2007.

Why this Development?
Excellent rental yields 8-12% (depending on rental options)
Guarantee Rental scheme available by Developer.
Strong Capital growth expected over the next 3-5 years (Slovakia is joining the Euro on 1st January 2009 and is also the fastest growing European Economy – GDP 3rd Quarter of 2007 was 9.7%)

Currency is strengthening in the lead up to Euro entry – movement of 11% in last 6 months

Estimated project payback within 5 years – including capital growth

Flexible investment and bank valuations in place.
Hands of investment as management company in place and waiting list for units in local town hall.

Ease of investment – There are facilities in place to ensure the guaranteed rentals, property management, tenant management. Investors Dream!


Legal,insurance and accounting teams available for closure of this investment.

Description of building


The building is of brick construction and consists of 33 apartments over 4 storeys. The building is fitted with UPVC double glazed windows and doors and is insulated to building standards.

The building is heated throughout and the grounds will be fenced upon completion of construction. The grounds will feature trees and a playground.


Each apartment has a car parking space. It is normal in Slovakia to sell or rent a car parking space in addition to the rental or purchase price of the apartment itself.

Each apartment has a storage area in the basement area or ground floor.

Contact Utopia Property Investments on 00 353 91 739456/7 to register your letter of Intent.


Utopia Property Investments is regulated by FOPDAC - The Federation of Overseas Property Developers, Agents and Consultants: