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...
Found nice apartment in Sofia? Don’t wait to become cheaper
In case you have some cash or a guarantee that the bank will lend you some money to invest and have found a nice apartment in a good area in Sofia, do not wait for it to become cheaper. Yes, the real estate sphere in the country and in the capital Sofia has seen a drop of 20 to 30 per cent in the...
Now is the time to buy apartments in Sofia
All the financial experts and even the deputy finance minister say that this is the moment to invest in real estate properties in Bulgaria and especially in the capital Sofia, since the prognosis alarm that in the middle of the year the prices will go up. The professional companies that work in...
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...
The crisis, the business and the increased supply of new Sofia buildings
The crisis is still being strong on the Sofia market and it results in plenty of changes in all spheres of life including the apartment accommodation in Sofia. Owners of large companies are changing offices, as they think the rent is too high and it is more advantageous to terminate their Sofia...
Sofia Real Estate Market prediction for the coming 2010
In year 2009 Sofia market faced permanent process of decrease in the property prices; high demand for bargain offers and limited bank financing and thus most deals were paid with cash money. The cash buyers were closely following the market, which gave them the option to react very fast when a...
Increase in Sofia apartment prices after the mid of 2010
Experts say that year 2010 will be more advantageous for the purchase of apartments in Sofia. They predict that after the middle of the current year, people should expected an eventual increase in the Sofia property prices. That is why clients who have cash are in a strong position and can...
People with cash money purchase Sofia properties and equipment
People who have cash money plan on investing them in Sofia apartments and in new equipment and furnishing like washing machines, dryers and refrigerators. A real boom in the purchases was seen in the days before Christmas. Since the beginning of the crisis and after the banks have tightened the...
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...
An overview of the Sofia market in 2009
Now as the year 2009 is at its end, there are some thoughts we want to share that concern the property market in Sofia and some prognosis of what shall be expected for the coming year ahead of us. At the end of 2009 in Sofia were purchased mainly large apartments with prices of above 100 000 Euros...
