Sofia property market or what is going on
The revival of the Sofia market is expected to happen after a period of eighteen months. Unlike last year's drop in prices, this year the drop is expected to be at a slower pace and is expected to stop at the levels reached in the period March – June. The Sofia apartment market is seeing a...
Sofia rentals more advantageous than purchase
Leading financial experts agree that during the crisis, the financial institutions should be more active than they are now. Currently Sofia apartment rentals are far more advantageous than the buying process because of the interest rates given by the banks. For that reason the rentals of...
30 percent drop in the price of the Sofia studio apartments
The financial crises collapsed the prices of the studio apartments in the south-western districts of Sofia. It is a fact that in the last one year, the price of these apartments has dropped down with more than 30 % and the price per sq.m has fallen down to less than 900 Eoros/sq.m. For example, an...
Buy your new home in Sofia for Christmas
It is believed that the apartment prices in the Bulgarian capital Sofia will drop with another 10 % by the end of this calendar year. These prognosis were given by several of the largest real estate and consulting companies, based on the fact that since the beginning of the year the apartments in...
Apartments in Sofia: several bad reasons to buy
The decision whether to purchase an apartment in Sofia or to rent one is especially difficult these months, when the world is in a financial crisis. The purchase of a property is a good way for many people to make money in the long term. Of course, the purchase is connected with many obligations...
Investors consider Sofia a good place to buy a property
Bulgaria is among the top five countries in Europe, which are still considered to be good zones for investments according to the managers of several leading real estate agencies in Great Britain. These managers are impressed by the bank reserves in the company and the stable economy. Another...
Sofia City: a long-weekend destination that will surprise you
Sofia is close enough for a short break and a long weekend holiday, tempting the travelers with interesting sites, beautiful churches, great parks and busy night clubs. It is close to many countries in Europe, both by car and by plane, especially with the low-cost carriers like Wizz Air, which is...
Rentals in Sofia or what do the tenants and tourists want
The rental market in Sofia is feverish like every autumn season. This year however there is a change in the manner of the closing of these deals. The long-term tenants are more focused on the location, the state of the unit and the furnishing package provided. The monthly sum for renting an...
The property market: who will survive?
The investors who are relying on own finances are the one that will most probably survive on the real estate market in the city of Sofia. The policy of the banks in Bulgaria has changed drastically in the last six months and the money that the bank is willing to loan now goes to 65 % versus the 85...
Rentals in Sofia high in the central areas and close to the universities
In answer to the expectations of the experts, the beginning of September brought stirring in the rental market. Those who are looking to rent apartment in Sofia could be divided into two groups, students and young people who have graduated in other cities or abroad and are now starting a new job...
