Real Slovenia: Official Real Estate Market Records go Public
11/23/2007
One of the houses included in the new public records
(sold in 2007 by GBD Nepremičnine d.d. / GBD Real Estate)
As of Wednesday, 21 November 2007, the Surveying and Mapping Authority of the Republic of Slovenia (GURS) is allowing limited public access to the Real Estate Market Records. This allows the public to monitor the actual sales prices of real estate in Slovenia for the first time.
The real estate market records have been established as a joint effort by the Ministry of the Environment and Spatial Planning and the Ministry of Finance within the scope of the national project of development a mass real estate appraisal system.
Centrally managed public records will allow long-term systematic monitoring of real estate price trends, equal access to information for all active and potential real estate market players and market transparency.
The real estate market records will be used primarily for the purpose of:
- mass real estate appraisal;
- national statistics and real estate market analyses and research;
- supplying information to the public.
The central database of real estate market records was established on 1 January 2007 and as of 15 November 2007 includes data on approximately 39,000 legal transactions in the area of real estate.
The records are accessible through the GURS portal. The public part of the records can be found at http://prostor.gov.si/jv_etn/index.jsp
GURS will publish six-monthly reports on the development of real estate prices in Slovenia, which will allow the public to monitor property market trends. The first such report is expected to be ready and presented to the media by the end of the first quarter of 2008.
Houses Sold in Slovenia in 2005 and 2006 (Source: GURS)