Have Slovaks Discovered a Banking Product that Is Gathering Dust? They Apply for a Mortgage Even without Their Dream Apartment

The metropolis of the East is experiencing a real estate boom. Interest in apartments is increasing, in particular, due to the growing Volvo factory. Many Slovaks in Košice have focused on one-room and studio apartments, which in the case of the city center they often buy almost immediately. Without negotiating prices or additional conditions. The reason is the minimal supply on the one hand and high demand on the other. In addition to locals, p…