Despite the unusual situation caused by the pandemic, the real estate agency Herrys has, over the first three quarters of this year, aranged more apartment rentals than ever before. Even though the real estate prices are still growing, the quarter-on-quarter rise in rental prices is minimal and is currently stagnating. The data comes from the Herrys’ concluded leases and their transactions.
While last year the average rent was climbing up to €700 exclusive of energy costs, in recent months the price has been stagnating at around €610 exclusive of energy costs. Herrys at the same time has reported a record 341 concluded leases, which is the most in any three quarters in the history of its operation. This testifies to the continuing interest in renting.
In Bratislava, interest in rentals in the Old Town still dominates, where as much as 39% of the total volume of Herrys’ leases happened in the third quarter of 2021. Bratislava II has also long remained highly popular, where up to 25% of apartments were rented, especially in the Ružinov area, in Bratislava III the figure was 19.5%. Tenants most frequently are looking for two-room apartments, accounting for 53% of rented apartments; renting of three-room apartments stood at 26%, with one-room apartments at 17%. The average floor area of rented apartments is 59.5 m2. The data also show that the average age of the tenant is 32 years; among landlords the average age is 45.5 years.
