Ljubljana’s Property Market Continues to Heat Up

By , 06 May 2019, 18:02 PM Lifestyle
Ljubljana’s Property Market Continues to Heat Up JL Flanner

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STA, 6 May 2019 - The newspaper Finance writes about the booming property market in Slovenia's capital in Monday's editorial, finding that nothing can hurt the demand or growing property prices.

Under the headline “Ljubljana Realtors in a Hurry”, the paper quotes real estate agents, property developers and individuals selling flats, all of whom report brisk trading.

One of them says that many new apartments will hit the market next year, which could bring down the prices.

"The prices of those flats are mostly not known yet. The price list of one of the projects, aiming for average purchasing power buyers, indicates that a rationally designed apartment will cost between EUR 3,100 and 3,500 per square metre, including the appertaining parking lots and pantry space (...)”

"High-end apartments in best locations will come at much over five grand. The sale of such apartments is not questionable today. At the moment it appears that by the end of the year, the average home price per square metre will exceed last year's average of EUR 2,770.

"The demand, transactions and price growth cannot be hurt either by projections of an economic downturn or by the increased supply that will hit the market next year," writes the paper.

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