Esterhazy Palace

The historic Esterházy Palace in Bratislava's Old Town stood empty for many years until it was acquired by Raiffeisen Property Holding International (RPHI) in 2017. Following extensive planning work, the start of the renovation and conversion work is now imminent. Interested parties can already request sales documents and secure a property in one of the city's most exclusive locations.

At the prestigious address Kapitulská 6-8, one of the oldest streets in the heart of the Slovakian capital, 20 high-quality condominiums with three to six rooms each and living areas of between around 70 and 260 m² are being built. In addition, 14 commercial premises and an underground parking garage with 142 parking spaces are being built, which should alleviate the current traffic congestion in the old town in the long term. Two fully automatic parking elevators will distribute vehicles efficiently over four floors, saving space. Thanks to the access tunnel directly off Staroměstská Street, Bratislava's vibrant main artery, these parking spaces are also of great interest to local residents.

A park-like pedestrian plateau is also planned above the adjacent Staroměstská Street, which is connected to the spacious inner courtyard of the palace, which is designed as an urban oasis of greenery and tranquility.

Completion of Palais Esterházys as a residential and office ensemble is planned for 2025 and will comply with strict monument protection regulations.

https://www.palais-esterhazy.com

The Esterházy Palace looks back on a turbulent past. Originally built in the mid-17th century on the outskirts of the Old Town of Bratislava, the building has since changed hands innumerable times and gone through countless attempts at reconstruction, resulting in visible deterioration in its structural integrity. The building complex was finally abandoned in 1989, and left to rot. The RPHI has now taken on the challenge of breathing new life into this valuable relic of city palace architecture. The project kicked off with a radical redesign, while of course complying with the strict regulations for the preservation of heritage-listed buildings. Some 3,000 m² of premium living space and 450 m² of office and commercial space are to be established here by 2024.

Particular attention has been paid to parking facilities, which are very limited in this area. The main problem is access to the Old Town, which is only possible with a special permit, if at all. “This of course presented a challenge to the uninterrupted progress of the construction work. However, thanks to a great deal of planning and sensitive finesse, the RPHI was finally able to persuade the responsible authorities to allow work to begin on excavating the tunnel”, says Karl-Maria Pfeffer, CEO of RPHI. This will run from Staromeska Street to the inner courtyard and, once the construction has been completed, will provide access to the four-storey underground car park with 145 parking spaces.

The tunnel breakthrough already started at the beginning of December and the tunnel is expected to be completed by the end of this year.

This is a milestone for the realisation of the heritage-listed Esterházy Palace restoration!  “GLÜCK AUF!” as they say in tunnelling – Good fortune and a safe return!