Real estate market analysis in Slovakia: prices, rent, yields in 2026

Slovakia remains one of the most popular real estate markets among investors from Slavic countries. It attracts buyers with the absence of language barriers, reliability, and clear rules.

Residential rent and yields

Rental yields from apartments in Slovakia are in the range of 3-5% per year. This is comparable with other Central European countries, where residential rental yields rarely exceed 5%, according to a KPMG report.

Rental rates for apartments in Bratislava range from €10-14/m² per month depending on the district and condition of the property, which provides income despite the higher initial purchase price.

Commercial real estate

The commercial sector in Slovakia shows high investment activity. In the first half of 2025, investment volume exceeded €500 million, which is more than for the whole of 2024. Such data is provided by Europa Property.

Main investors are local funds and foreign capital (Czech Republic, Hungary, Switzerland, United Kingdom). Such investment activity reflects market confidence and the inflow of capital into устойчивые segments of commercial real estate.

Offices

The office market in Bratislava remains the core one, with strong demand for A+ and A class buildings (prime offices), according to analysts at Cushman & Wakefield.

Prime rental rates in the city center can reach €20-21/m² per month with expected moderate growth in 2026. Yields for high-quality offices are around 6.25% per year.

The office segment is attractive for investments in prime space, but older offices may require reconversion or modernization for flexible formats.

Warehouse and industrial properties

The logistics real estate market remains the most dynamic in the commercial sector, accounting for 50-58% of total investment volume.

The volume of modern warehouse stock in the country amounts to 4.6 million m² and another 311 thousand m² are under construction as of early 2026, writes 108 Real Estate.

Prime rental rates are around €5.4-5.8/m² per month. Vacancy in 2026 will grow by 7-8%, opening opportunities for tenants to restrain rent growth, which is not an encouraging signal for investors.

Yields in the industrial segment are around 6%. Warehouses still remain one of the most resilient segments with high demand, especially due to the growth of e-commerce and distribution centers.

Retail and shopping properties

The retail space segment remains active, including shopping centers and high streets in the regions.

Prime rents in shopping centers in Bratislava are €65-70/m² per month, while rates for regional high streets are €15-16/m², according to Colliers.

Average yields for shopping centers are 6.50%, and for high streets 6.75%.

Retail properties attract investors with stable cash flow, especially in well-visited locations and on shopping streets.

Hotel segment

Hotel real estate in Slovakia is smaller in terms of investment volume compared to other segments, but remains an interesting part of the market.

According to reports, hotel assets have started to appear in investment portfolios, but their share is still relatively small compared to office, industrial and retail properties.

Hotel yields vary significantly between “stars”, but for quality boutique hotels or business hotels they are approximately 5.75-7.75% depending on location and RevPAR (revenue per room).

Hotels attract experienced investors with expertise in the tourism sector, especially in tourist areas and major cities, according to experts at International Investment.

Key trends and forecasts

Investment attractiveness: the Slovak commercial real estate market is resilient and growing due to the inflow of foreign investors and strengthening of the economy.

Income stability: segments with long-term tenants (retail, industrial properties) are especially attractive for passive income.

The housing market continues to grow, but rental yields are lower than in commercial segments.

Office space growth: flexible workspaces are emerging that meet new tenant requirements, concludes [leech=[https://fmnewsroom.com/fm-news/flexible-spaces-and-regional-retail-parks-reshape-slovak-commercial-real-estate-market/]Newsroom[/leech)].

Conclusions

The Slovak real estate market in 2025-2026 is characterized by steady growth in housing prices, active investment demand and a variety of income-generating segments.

Residential real estate remains interesting for purchase and rental, but commercial segments (especially industrial warehouses, retail space and A+ class offices) offer higher and more stable returns for investors.

At the same time, hotel real estate is becoming an increasingly visible investment asset, especially in cities with strong tourist flows.