A new Peugeot Citroen plant being opened in Tranava, Slovakia is set to create 3,500 new jobs according to the projects director general Alain Baldeyrou. With one fifth of the work force already recruited and the new factory located just 25 minutes from Bratislava, where property prices have already risen considerably, the housing market in Tranava may now be set to benefit from a ripple effect.

One minor problem however, is that the government will not allow foreigners to buy property until 2007.