Rents for flats have reached record highs. They have been pushed up by inflation, but also by high bank interest rates, because of which many people cannot afford a home of their own. Rents for flats owned by the state or local authorities will also go up.

Rents have jumped across the whole country, but most of all in eastern Slovakia, in Košice. The property market in the capital saw the second-largest increase. We are in the Bratislava borough of Karlova Ves, where the rent for a two-room flat has risen by an average of €100 over the past two years. You would pay approximately €630 per month for it.

The price rises are driven mainly by demand for flats on a scale never seen before. “When you advertise a property for rent in a regional city, it gets rented out the very same day,” said real estate agent Viktor Obtulovič.

Find out more in the RTVS report below.