Sofia property buyers more demanding, investors - more flexible
The decline on the Sofia real estate market during the first quarter of year 2010 made the buyers more demanding, while the investors had nothing left to do but to be forced to be more flexible if they want to make a deal and sell the property they have. The buyers had three major factors on their...
The property market will revive after one year
The revival of the property market in Europe will affect positively the apartments market in Bulgaria and Sofia in particular. The market experts say that there are already good signs that the market is recovering, though the entire process will take quite some time. It is believed that the...
Sofia housing now affordable
After several years of Sofia housing prices going up, today we are asking ourselves whether the property prices have reached the bottom. And even if there is no unanimous answer on that, it is certain that the prices have not been that low since year 2006. The old panel apartments and the...
Sofia rentals favorable for the tenants
Currently, the Sofia rental is very profitable and favorable, as the rental levels have went down with approximately 30 % of their value during the first three months of the year. The main reason for that is the growing number of available Sofia apartments and the improved living conditions in...
Sofia boutique apartments wanted
The most sought after properties on the Sofia real estate market are the small apartments that cost approximately 25 000 Euros. Actually, during the first quarter of the year, the deals that were signed where for such Sofia apartments including studios and small one-bedroom apartments. The supply...
An excellent time to buy a Sofia apartment
Sofia property buyers are at the moment much more informed and selective than they used to be a few years ago. There are three main factors that today work in favor of the Sofia property investors which make the current moment an excellent time to buy a home. These factors include the a rich...
Sofia property market buyers and tenants
According to the numerous Sofia market factors are formed two main groups of buyers. The first one includes people aged between 25 and 30 who require a mortgage to buy their Sofia apartment. The other group includes investment players that are aged between 40-50 years. The return of this...
Decline in prices on the property market
Currently, the most sought after residential homes in Sofia are the small apartments like studios and 1-bedroom flats; however the demand is expected to increase in autumn. At the moment, the average decrease in the market prices of the apartments in Sofia has reached approximately 18 %, when...
The biggest mall in the country opened in Sofia
On 21st April this year opened doors the largest mall in Bulgaria, which features 66 000 sq.m where are positioned 185 stores of various foreign and local brands, restaurants and entertainment places. The new large-scale store is positioned on Tsarigradsko Schousse, close to the centre and to the...
Lozenets and Downtown Sofia with most apartment offers
A recent research shows that almost seventy percent of the Sofia apartment buyers prefer new homes and are looking for good location and infrastructure. Since the beginning of the year, the prices of the new construction homes kept their levels from the last quarter of the previous year and the...
