Poľana Krásne Sady
Investment in real estate with above-average returns
The High Tatras have long been among the most resilient and sought-after recreational destinations in Slovakia—with a limited supply of land and steady growth in real estate prices. The Poľana Krásne Sady project transforms this dynamic into a specific investment opportunity.
Poľana is part of a 100-hectare master plan in Mlynica that systematically builds the area’s value over time—through a combination of controlled development, high-quality infrastructure, and a focus on community life. The project has already achieved 36% pre-sales, has attracted interest from several banks regarding financing, and is backed by a developer with a proven track record in the area, which reduces implementation risk and boosts confidence in the investment scenario’s success.
At Crowdberry, we believe that Poľana is not just about numbers, but about a concept that will retain its value even during market changes. Poľana thus builds on a successful track record of real estate investments, which have so far generated an average annual return of 14% for investors on our platform.
Why invest?
- Strategic location with high potential- the High Tatras region is the second-strongest residential real estate market after Bratislava; the Mlynica area offers excellent accessibility (Poprad 6 km away), price stability, and the appeal of “living at the foot of the Tatras” without the exorbitant prices of top resorts.
- Experienced developer with in-depth knowledge of the area - the Zoričák family has been developing a total area of 100 hectares in the Krásne Sady area since 2015, which serves as a key guarantee of quality and continuity. In addition, the company has a track record of successful retail projects, such as the MEGA and Tatry Shopping Center malls.
- High level of project readiness - the project has received a binding approval from the municipality of Mlynica, following five years of intensive preparation. It is on the verge of obtaining a building permit, after which construction can begin in Q2 2026 with contractors who have already been selected.
- High Pre-Sales - even before the active construction phase has begun, 36% of the residential units have already been reserved through pre-sales, which significantly reduces the project’s commercial risk and confirms strong market interest in this project.
- Bank Financing - the project is ready for bank financing (it already has two non-binding offers from banks), with the release of funds contingent upon the bank’s approval of the term sheet and the successful completion of due diligence.
- Attractive returns with priority rights - investors benefit from priority rights to returns and a subsequent profit share ahead of the developer.
- Technological Advancement and Efficiency - the project combines modern timber-frame construction with sustainable features (heat pumps, smart technology), ensuring an optimal balance between sales price, quality, and future operating costs.
Investment opportunity
- Investment in the form of an equity stake: capital of 1.5 million EUR in exchange for a 24.9% equity stake in the target company. Investors share in the proceeds from the sale of flats, apartments, and parking spaces.
- Minimum investment: 2.028 EUR
- Purpose of the investment: repayment of the loan for the land and financing of the initial phase of construction.
- Expected gross return: 15% p.a. (IRR) with an investment horizon of 2–3 years (construction begins in Q2 2026, planned completion in Q4 2027, exit in Q2 2028).
- Strict conditions for the release of capital: details can be found in the Investment Information document.
- Discount for Crowdberry investors: with a minimum investment of €15,075, a 2% discount on the list price of an apartment in the Poľana Krásne Sady project.
About the developer
Behind the Poľana Krásne Sady project stands the Zoričák family and their company, Zoricak s.r.o. – a name that has been synonymous with stability in the Tatra region for 25 years. Their signature style is evident in well-known retail projects, but Poľana is a personal commitment for them.
“We’re not the kind of developers who just want to make a quick profit and walk away. A project with a completely different philosophy is taking shape beneath the Tatra Mountains,” says developer Ondrej Zoričák. This strategy has created a product that perfectly fills a gap in the market and sets a new standard for living beneath the Tatra Mountains’ panorama.
The project team consists of PhDr. Ondrej Zoričák, Andrea Gorlická, architect Ing. arch. Miroslav Prokopič (Twin City Bratislava, Hotel Lomnica), project manager Tomáš Gavalier, landscape architect Dušan Daniš, and construction manager Ing. Stanislav Grainda.
Successfully completed projects:
Retail Parks: The developer has completed several shopping centers—Tatry Shopping Center Poprad (3 phases), OC MEGA Spišská Nová Ves, OC Podunajské Biskupice, OC Rimavská Sobota, OC Kežmarok, and OC Michalovce—totaling more than 30,000 m² of retail space.
Residential development in the area since 2014: The Zoričák family has been developing a total area of 100 hectares in the Krásne Sady Mlynica area since 2015. As part of this extensive project, two phases have been completed: residential lots covering approximately 600,000 m² and an educational complex.
The Poľana project is a natural extension of this multi-generational vision. Before launching the main residential project, the developer fine-tuned its processes and worked with contractors on two premium single-family homes located right in the area.
Project Parameters
- 6 modern low-rise apartment buildings, sensitively integrated into the Tatra landscape.
- 61 units – 37 apartments for permanent residence and 24 apartments for short-term stays.
- 80 reserved parking spaces.
- A spacious 56,000 m² site with an emphasis on high-quality landscaping and greenery.
- A low 5% building density that guarantees maximum privacy and undisturbed contact with nature.
- The technical design reflects the principles of sustainability—it incorporates timber construction, natural materials, green roofs, rainwater harvesting, solar panels, and heat pumps.
- Smart home features enhance the standard to provide greater comfort and operational efficiency (e.g., smart shading and smart home technologies).
Market Overview
The High Tatras region has long been one of the most resilient residential markets in Slovakia. According to the National Bank of Slovakia, apartment prices rose by 13% year-over-year in 2025, with the Tatras region maintaining its exceptional status thanks to the supra-regional nature of demand.
The market for residential properties in the Tatra Mountains exhibits a structural imbalance:
- new construction is declining (housing starts down 17% year-over-year and 27% below the 10-year average), while demand is rising.
- the result is long-term price increases—from Horný Slavkov (€2,700–€2,900/m²) through Smokovec (€3,800–€6,000/m²) to Štrbské Pleso in the luxury segment (€9,900–€11,600/m²).
The Poľana Krásne Sady project is positioned in the mid-range segment of the Tatra market (€3,875/m² including VAT in the base scenario), where demand is strongest and absorption is fastest.
The Mlynica area, just 7 minutes from Poprad and 15 minutes from the center of the High Tatras, offers easy access without the high prices of top resorts.
Risks
* Investing involves the risk of partial or total loss of the invested funds. The investment opportunity in the target company is provided by Crowdberry Investment Platform s.r.o.