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...
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...
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...
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...
Homes for 40 000 Euros on demand
To find and manage to buy a home in a large city such as the capital Sofia for a sum as low as 40 000 Euros and even lower, is quite a challenge. This price is quite impossible for a brand new brick-built apartment in a decent neighborhood or a renovated panel apartment in a well-kept residential...
Prices of Sofia apartments down with 20 per cent
The tendency on the Sofia property market is that buyers are now looking for new and monolithic buildings at lower prices. During the first three months of the current year, the average decline in the selling prices when compared to the same period last year, reached slightly more than 20.55% for...
Sofia apartments in the first three months of year 2010
The real estate companies confirm that the first three months of the current year were quite successful for the Sofia apartments market. The number of the property sales during these three months remained unchanged and very similar to those in the second half of the previous year. It would be fair...
