An Apartment in Slovenia for 25,000 Euros? It Is Difficult, but Possible

In Laško, a 1-bedroom apartment that requires repair is available for 8,800 euros, and a 4-bedroom apartment in Pomurje (Eastern Slovenia) costs up to 22,000 euros.

Ljubljana. When viewing sites with colourful photos of first- and second-hand real estate, it is possible to get a quick impression on that there is no opportunity to find a decent housing in Slovenia worth less than 100,000 euros. Nevertheless, a deeper analysis of the proposals reveals a huge variety of options within the economy segment. We are talking mainly about small apartments of hotel type, which will cost at least 15,000 euros. For 50,000 euros, it is already possible to find an appropriate large-format housing taking into account the region, district, number of rooms and its general condition.

Before buying an apartment, you need to answer two key questions: in which part of Slovenia you want to buy a housing and how many people will live in it.

In the current situation on the financial and real estate market, buying an apartment makes sense. The majority of the real estate market experts make such a conclusion. Today, despite the growing demand, prices for apartments are about 15% lower than in 2010, while at the same time, the monetary policy of the European Central Bank contributed to the easing of credits. The coincidence of various circumstances led to the fact that today less wealthy Slovenes can also expect for purchasing a new housing. In Laško, for example, you can purchase a full-fledged isolated 1-bedroom apartment with a total area of 31.2 m2 for 8,800 euros only. This is an apartment on the first floor of a house built in 1890 that requires repair, which, given your ingenuity and painstaking work, can be made for 10,000 euros. Having a real estate property secured loan in the amount of 20,000 euros for a period of 10 years, you can purchase an apartment for just 200 euros of monthly expenses.

“Apartments in the low price segment are also available in the larger cities,” Mateja Vorši
from the “Century 21” real estate agency confirms. “Last year, we sold an apartment in the Cankarjeva Street in Maribor with a total area of 41.9 m2, in a house built in 1897 and renovated in 1993 for 16,500 euros. The initially voiced price was higher by 5,000 euros.” In Maribor, you will hardly find an apartment for 10,000 euros. As a rule, such price is offered for apartments in the suburbs or surrounding settlements. However, such property is of worst condition.