Investment group WOOD & Company is joining the next residential phases of Vydrica. Its WOOD & Company Real Estate Open-End Fund has acquired a 50% stake in two phases of the development beneath Bratislava Castle. Lucron will continue to oversee their planning, construction, and apartment sales.
“Vydrica is now one of the most significant developments in Bratislava’s historic city centre. Its first phase has demonstrated that we can create a high-quality urban environment that continues to thrive long after construction is complete. WOOD & Company’s investment is a strong endorsement of both the project and Lucron’s ability to deliver on its ambitions. We value the opportunity to move forward with the next phases of Vydrica alongside such a strong and experienced investment partner,” says Zoltán Müller, CEO of Lucron.
“Vydrica occupies a truly unique location within Bratislava. Combined with its high standards and outstanding architectural design, this makes it one of the capital’s finest residential developments. The appeal of the upcoming residential phases is further enhanced by the amenities and infrastructure already established in the area as part of Vydrica’s completed first phase. We believe in Vydrica’s long-term potential and value Lucron’s experience and professionalism. We are also confident that we have once again created an attractive opportunity for investors to participate in a high-quality residential development,” says Martin Šmigura, Local Partner at WOOD & Company.
Public pre-sales launch for 80 apartments next to the Water Tower
The partnership marks another important step in the development of Vydrica. Following a priority selection period for registered prospective buyers, public pre-sales are now open for 80 apartments in the new V5 phase, located east of the Water Tower. The selection includes one- to five-room apartments and penthouses ranging from 36 to 193 m². In addition, most feature a balcony, loggia, terrace, or private garden.
“Those considering a home in Vydrica no longer have to rely on visualisations alone. They can walk around the neighbourhood and experience first-hand the environment they could soon call home,” says Juraj Ťahún, Sales Director at Lucron.
Two new buildings by the architects behind the first phase
The new phase comprises two buildings, V5A and V5B, designed by Compass Architekti, the studio also responsible for the first phase of Vydrica.
The building closest to the Water Tower will feature a distinctive architectural design and a landscaped rooftop terrace. The northern building will be characterised by a terracotta façade and private front gardens facing Oeserova Street.
The apartments will feature underfloor heating, ceiling cooling, and a mechanical ventilation system with supplementary cooling. The development will also include 155 underground parking spaces. At street level, 16 commercial units will accommodate restaurants, shops, and other services.
The project has been granted a building permit, with construction scheduled to begin in 2027 and expected to take approximately two years.
To find out more about the available apartments, simply register and arrange an in-person meeting with our sales team.
