After a long sleepy period the Slovenian real estate market is coming to life again. From the year 2008, when real estate was most expensive, until 2015, apartment prices have dropped by one fourth on average. The prices of houses have gone down 30 percent.

Last year the drop in prices came to a halt. According to figures released by the Slovenian Statistical Office, real estate prices slightly rose by 0,8 percent. Sales have increased across the country, but there are still differences between the regions. 1,6 billion euros worth of real estate was sold last year. That's four percent more than in 2014, but still almost 30 percent less compared to 2007.

Prices drop by a fourth, in some areas even more
The average price per square meter for resale apartments fell by 400 euros since 2008. In Ljubljana prices per square meter fell by 600 euros; in Maribor by 300 euros. Prices at the coast are still reasonably high, standing on average at around 2,100 euros per square meter.

The drop has brought back buyers and consequently the fall in prices has come to a halt; prices are now on the rise and the market has come to life again. 9.300 apartments were sold last year. Before the crisis the number of sold apartments stood at 11 thousand. In 2009 only 5.578 were sold. Meanwhile more than 4,200 houses have new owners, which is 1,500 less than in the golden years. According to figures from the Surveying and Mapping Authority, only 2,250 houses were sold in 2009.