Bratislava
Bratislava

Bratislava

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Population (AI)

437,725

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Last edited
Sep 30, 2024 11:19 PM
Category
Capital
Local programs

**Affordable and Sustainable Housing in Bratislava:** 1. **Targets and Challenges:** - Bratislava faces significant challenges in affordable housing, with a decrease in affordability over the past decade. - The city aims to improve affordability and sustainability through various programs and collaborations. 2. **Local Programs and Activities:** - Developer obligations are being leveraged to improve housing affordability, with a focus on integrating affordable housing units into new developments. - The city participates in international forums to exchange best practices, such as the Housing Professional Forum, which discusses social and affordable housing programs. - Projects like YIT Slovakia's new development, which includes over 500 high-quality apartments with an emphasis on ecological forms of housing and respect for the existing environment, are being initiated. 3. **Sustainability Initiatives:** - The city aims to incorporate green and sustainable housing solutions, aligning with broader European initiatives like the Green Deal. - Local programs focus on energy efficiency and low-carbon renovation, supported by European funding schemes and collaborations with organizations like Habitat for Humanity. 4. **Collaboration with National Programs:** - Bratislava works closely with national and European programs to access funding and expertise, such as the European Investment Bank and the Council of Europe Investment Bank. - The city aims to develop a comprehensive public framework, both legal and financial, to effectively implement innovative small-scale housing schemes.

Housing Market

The housing market in Bratislava, Slovakia, is experiencing a revival after a decline in 2023. Key points include: - **Market Revival**: The residential market is expected to grow, with sales of new flats potentially reaching 400 to 600 units per quarter by the end of 2024, up from 200 units per quarter in 2023. - **Price Trends**: The average offer price of apartments slightly fell to around €4,850 per square meter (m2) in the last quarter of 2023 but is expected to increase to around €5,000 to €5,100 per m2 by the end of 2024 due to a gradual reduction in interest rates. - **Ownership and Rental**: Slovakia has one of the highest homeownership rates in the EU, with about 93% of the population owning their homes, leaving only about 7% renting. - **Housing Units**: Specific data on the total number of housing units in Bratislava is not provided in the sources, but nationwide data indicates a decrease in housing permits and starts in 2022 and 2023. - **Public, Social, and Cooperative Housing**: The sources do not provide detailed information on the roles and shares of public, social, and cooperative housing in Bratislava. The most recent median price per square meter to buy an apartment in Bratislava is around €4,850, with an expected increase to around €5,000 to €5,100 by the end of 2024. Rental prices and specific data on public, social, and cooperative housing are not detailed in the provided sources.

Further Actors?

In Bratislava, several individuals and organizations could be interesting conversation partners and collaborators for building more affordable and sustainable housing: 1. **Local Administration**: - **Juraj Mach and the housing expert team from Bratislava Municipality**: They participated in the Housing Professional Forum in Hungary, indicating their interest in innovative housing solutions. 2. **Real Estate Developers**: - **YIT Slovakia**: They are planning a new project with 500 flats in Bratislava, focusing on ecological forms of housing and CO2 neutrality. 3. **Architecture Firms**: - **Nice Architects**: Known for designing the Ecocapsule, a self-sustainable microhome that utilizes solar and wind energy. - **Pantograph and What architects**: Participated in YIT Slovakia’s architectural competition for transforming an area in Bratislava into quality housing. 4. **NGOs and International Organizations**: - **Habitat for Humanity International**: They have supported energy efficiency initiatives in Bratislava, as mentioned in the Housing Professional Forum. - **Housing Europe**: Their representatives shared insights on social housing programs at the Housing Professional Forum, which included discussions on Bratislava’s plans. 5. **Academic Institutions**: - **Metropolitan Research Institute (MRI)**: Although based in Hungary, they have international recognition and could provide valuable insights on urban development and housing solutions. These entities represent various sectors and could contribute to a comprehensive approach to building more affordable and sustainable housing in Bratislava.

Cooperatives

In Bratislava, housing cooperatives are gaining popularity as an alternative to traditional mortgage financing. These cooperatives involve collaborative ownership of houses, where members collectively finance and manage residential projects. A notable example is YIT Slovakia's pilot project in the Nuppu Magnolia 3 residential complex, which attracted over 40 members and demonstrated high demand for cooperative housing. The city does not have a different version of housing cooperatives, but rather, it is part of a broader regional initiative, the MOBA Housing Network, which aims to create institutional frameworks for affordable financing for cooperative housing in Central and Southeastern Europe. While specific market share data is not available, recent projects indicate growing interest in cooperative housing. YIT Slovakia plans to extend this model to other projects in Bratislava, starting with the Zwirn 3 project. There are no specific programs or activities mentioned that promote or financially support cooperative housing in Bratislava. However, the MOBA Housing Network, which includes Slovakian initiatives, works to address systemic limitations in housing finance and promote cooperative housing models in the region. Lighthouse projects include YIT Slovakia's Nuppu Magnolia 3 and the upcoming Zwirn 3 project, which serve as test cases for developing housing cooperatives nationally.