Did the sellers and buyers of apartments in Sofia met?

In recent months, it was noted that the property market in Sofia is balanced and stable, where the supply and the demand are reasonable. Since the beginning of the year, sellers of apartments in Sofia are reconsidering their price offers and the presented apartments for sale in Sofia come with prices that are reasonable. In the way, the price offers of the sellers and buyers met, which lead to an increased number of deals signed.

It is interesting to note that the price per square meter of the newly constructed apartments with one bedroom in Sofia are about 650-700 Euro per square meter, while the price of the panel apartments are around 550-600 Euro per square meter. Of course, there are many apartments in Sofia, which come with significantly higher price on the market and then the price is reduced during the process of negotiations.

It should be noted that last year the prices of large and luxury apartments in the southern districts of Sofia with two or more bedrooms has decreased. At the same time, the prices of apartments with one or two bedrooms in the nice neighborhoods in the capital such as Dianabad District, for example, remained stable. It is a fact that during the first month of the year, the signed contracts for apartments in Sofia were more and most of the buyers were looking for apartments with one bedroom.