Real estate market in Sofia: forecast for year 2012
The prognosis of the leading real estate companies in Sofia predict that in year 2012, the number of the property deals is expected to be similar, as the number of the deals in year 2011. A slight decline in the apartment prices is also expected. The buyers will be looking for affordable...
Renting is advantageous, but owing a home is more comfortable
Sometimes the very high costs of purchasing a home are the factors which stress the buyers and they decide to back off from a deal. This, of course, happens to people who are not fully convinced that they must invest in their own home in Sofia or people who are uncertain of their income stability....
What to be careful about when buying a new apartment in Sofia
Buying an apartment is one of the most important steps a person makes in one’s life. The choice is as important as choosing a spouse. And though the emotions play a vital role when making the both solutions, it's good for the buyers to try to be as fair and take into account several factors....
Two-bedroom apartments in Sofia for people with stable income
People with stable income, savings and secure jobs are focused on two-bedroom newly built apartments in Sofia for the sum of up to 90 000 Euros. Often, these buyers borrow at about eighty percent of the value of the property. These are usually families with a monthly income of 3000 BGN, who prefer...
What happened for a decade to the property market in Sofia?
The first ten years of the new century were quite turbulent for the real estate market in Sofia, characterized by many new developments, more general knowledge of all the participants and dynamics. The property prices in Sofia have gone up considerably; the number of transactions also and on the...
Sofia apartment prices up at the end of the year
The real estate agents predict that the property market will recover its solid positions after a serious drop of almost thirty percent in year 2009 and will show growth in the Sofia property prices of up to five percent. Providing that the average price per square meter in 2010 for an apartment in...
Sofia gated complexes: remaining popular
The Sofia apartments, which are placed in the gated complexes, come with prices that are ten to fifteen per cent higher than the regular apartments, but still remain very popular and are preferred by the property buyers who can afford them. This is so, because the gated complexes in Sofia count on...
Should I buy an apartment in Sofia now?
The crisis in Bulgaria is still very deep, which added to the new budget of the cabinet for year 2011, speaks for great percentage of unemployment and inflation, increased property taxes and uncertainty. On the grounds of that, the investors decided to wait for this year and see in which...
Property buyers with different preferences
The financial crises had its impact not only on the number of the signed deals on Sofia apartments, but also on the different segments on the realties market and the interest towards certain Sofia neighborhoods. The districts that remain popular among the Sofia apartments investors are still the...
Sofia housing market of summer 2010
During the summer months, the housing market in Sofia city was quite uncertain. Both the sellers and the buyers needed more time to think about and were less active, while the prices of the Sofia apartments were a real mess at first and then started to stabilize. This finally let to an increase of...
