Specialising in residential property management in the beautiful Slovakian capital of Bratislava are IQIT

Located on the river Danube, Bratislava is only 35 miles from Vienna and before the communist era it was a fashionable weekend retreat for Viennese high society. The visitors these days are drawn by its restored baroque old town, ever living history of glass, wine and spirit production and splendid musical traditions. Slovakia's millenia of history under the rule of the Celts, Romans, Turks, French under Napoleon, and not long ago the Austria-Hungarian or Russian nations, suggests centuries of lasting struggle for independence, but also a rich record of culture and trade. Beautiful countryside, free access to forests and lakes and over 13,000 castles, ruins, thermal wells and other points of interest make Slovakia an undiscovered pearl of eastern Europe.

The country's charm is just starting to wake up to its unfulfilled potential for rural tourism. Slovaks are proud ot their ski resorts High and Low Tatras, they are proud of their athletes with rich winning histories in hockey, skiing, swimming, canoeing and tennis. The Slovak restaurants offer varieties of national food, like potato dumplings with famous bryndza cheese and bacon topping, Kapustnica (cabbage soup) or popular fried, coated cheese. Skalicky trdelnik, tube like nuts covered crunchy cake has recently made its international recognition as a unique slovak cake. Attractive investment Slovakia's central Europe position, rapid economic growth and 19-percent flat tax rate is making Slovakia an attractive destination for investors.

Foreign investors are able to acquire an investment property or obtain a mortgage at the local banks without restrictions. The local system taxes the capital gain on property only if there is less than five years of ownership. If the real estate is acquired for personal use, the capital gain is not taxable after two years of ownership. If renting, the current tax system allows for a deduction of either 100 percent of the actual costs or a flat amount of 40 percent of the rental income without expense declaring. There is also a certain tax free rental income allowance that changes every year. Easy access to mortgages and low interest rates help boost the construction industry in all regions of Slovakia.

The forthcoming developments in Bratislava and excess of older rental properties are pushing the prices of older apartments down and at the same time allow the buyers to choose from high quality and well located properties. Since most Slovaks prefer to buy their first flats or homes, such tenants are mostly foreigners or young, single Slovaks from across the country. Property experience IQIT s.r.o. offers years of experience on the Bratislava property market, with unique expertise in managing residential properties.

Property management is the company's core business and that allows the staff to concentrate on the clients' needs efficiently and in a personal diligent manner. IQIT s.r.o. does not charge letting fees to tenants.

Useful information
Please email us with your enquiry, requesting property management services or a list of vacancies. IQIT s.r.o. www.iqit.sk Email: mail@iqit.sk Tel: +421 910 579 877 or +421 914 105 236 Fax: +421 243 426 444