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...
The apartment prices in Sofia keep on decreasing
The Bulgarian property market has been hit by the global financial crises a year ago, which led to some very difficult months, during which the market faced a 40 % drop in the number of deals and an increasing percentage of offers with discounted prices. Sofia market is among the most active...
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...
Off-plan purchases: make research before you go ahead
In this article we will focus on the purchase of off-plan and recently constructed apartments in Sofia, and the few steps the investors have to follow in order to be certain that they are on the right path. The financial crisis and the decreased number of sales have put the buyers in a very...