Larger for smaller apartments in Sofia
The real estate market in Sofia shows a clear trend of demand for larger apartments. Many buyers in the capital are seeking to sell their small apartments in order to purchase larger ones. Usually, the buyers are looking for apartments with one or two bedrooms in the neighborhood in Sofia, where they are living. There are also buyers who are looking to invest in a district in which their friends live and in districts which come with good reputation when the road infrastructure, the transport links, the availability of supermarkets, kindergartens, schools, etc. is concerned.
Usually buyers sell their panel apartments in order to purchase newly constructed in the same neighborhood aiming for a better standard of living, moving in a brick building, often with fewer residents, etc. The process before making such a double deal is long, since buyers observe the process of construction and the quality of the materials, and try to negotiate the price.
Today people who want to buy an apartment in Sofia are interested in many factors other than just the price and the size of the property. They take into account the maintenance of the building, they question the neighbors, check the parking options, and of course pay attention to the apartment’s layout. Besides all this, buyers of Sofia apartments are interested in the amount they will need to spend to finish the new apartment or to repair the old apartment.
