Rakova Jelša, once a peripheral settlement on the southern edge of Ljubljana, is increasingly becoming a hub of urban development, offering a unique opportunity for long-term investment. As a broader part of the Trnovo area, Rakova Jelša is entering an important transitional phase – from a semi-urban and partly industrial zone into a modern city neighborhood intended for young families, entrepreneurs, and all those seeking a high-quality, peaceful yet well-connected urban environment.
Rakova Jelša is located in the immediate vicinity of Ljubljana’s city center, just a few minutes’ drive or bike ride to the downtown. The area is well connected to major traffic routes, including Tržaška Road and the southern Ljubljana ring road. Cycling infrastructure is continuously improving, enabling fast and sustainable mobility, and improvements to public transport with more frequent lines are also planned.
As part of its long-term spatial development plan, the City Municipality of Ljubljana foresees major investments in the Rakova Jelša area. The plans include the renovation of existing road infrastructure, the construction of new residential complexes incorporating green and blue infrastructure (tree-lined avenues, water retention basins, green areas), and the expansion of public spaces such as playgrounds, pedestrian paths, and recreational areas.
Twin house, Ljubljana Trnovo suburb
Twin house, Ljubljana Trnovo suburb
From an urban planning perspective, this is a gradual transformation from a once-neglected area into a model example of sustainable urban development. The emphasis will be on mixed-use space – residential, service activities, small craft and business zones – meaning the location will increasingly become an independent and functional urban unit.
In recent years, the area has experienced a gradual demographic rejuvenation, as young families seeking affordable housing, proximity to nature, and a safe environment are moving in. Due to its location along the Ljubljanica River and its proximity to all urban services, Rakova Jelša is ideal for developing a neighborhood that promotes social interaction, local connections, and community living. As part of spatial development, the construction of new kindergartens and a primary school in the broader vicinity is also planned, which will further strengthen the location.
Detached house, Ljubljana Trnovo suburb
For micro-entrepreneurs, craftsmen, and early-stage companies, Rakova Jelša is an extremely attractive location. Due to the still relatively affordable land and properties, the area is appealing for smaller investments with high growth potential. The municipal development plans also include the establishment of a business-craft zone within the area, which will enable the creation of new jobs and stimulate the local economy.
Additionally, Rakova Jelša is a starting point for the so-called “green transition”, as it combines opportunities for sustainable construction, energy-efficient buildings, and the use of renewable energy sources – a strategy that makes long-term financial and environmental sense.
A major advantage of Rakova Jelša is its immediate proximity to nature. The Ljubljanica River, which runs right along the edge of the settlement, offers numerous recreational opportunities – from walking, running, and cycling to water sports. In the coming years, a river promenade with a park and connection to other recreational areas of Ljubljana is planned.
The natural assets of the area will be preserved and enhanced, which means a high quality of living in an urban environment. Green belts, protective vegetation, water retention infrastructure, and urban gardens are all part of the broader vision of a sustainable city district.
3-room apartment, Ljubljana Trnovo suburb
Given the development dynamics of Ljubljana and the spatial plans of the City Municipality of Ljubljana, Rakova Jelša can be expected to undergo a significant transformation in the next five years. Property prices are already gradually increasing, and interest in the location is rising, especially among investors and first-time home buyers. From an investment perspective, Rakova Jelša is currently an undervalued location with great potential for value growth.
Rakova Jelša is currently in a transitional phase, but all indicators suggest it will develop in the coming years into one of the most desirable neighborhoods for living and working in Ljubljana. Those who recognize the opportunity today will benefit both financially and in terms of quality of life, as the area evolves into a modern, connected, and green urban neighborhood.
