KOSMALT is a cooperative-housing offer in Košice’s Terasa district, centred on the reuse of a former workers’ hostel built for Východoslovenské železiarne in the 1960s.1 The 13-storey building was renovated for contemporary residential use, with compact flats designed for individuals or couples; the article also notes private loggias and shared spaces.1 The architectural renovation was designed by Košice studio Atrium Architekti.1
The project presents cooperative housing as an alternative to renting or buying through an individual mortgage. The housing cooperative owns the property while members repay their housing costs; a member contributes an initial sum, gains the right to use a specific flat, and makes regular monthly payments.1 The article reported required own funds from €26,170 and monthly payments from about €410, with amounts varying according to the flat and terms.1 Membership shares may be transferable or inheritable subject to the cooperative’s rules; the article says any later transfer of a flat into personal ownership depends on the applicable conditions.1
At the time of publication, the offer was described as the first of its kind in Košice, with applications open until 15 July 2026 and only the last places said to remain.1 The article does not state the cooperative’s founding date or name a project developer explicitly; it identifies INTRADE Operational Services, s.r.o. as the sponsor and Atrium Architekti as the renovation’s architects, so neither should be treated as the named developer on that basis alone.1 The article names no project executives or other key people.1