Eurozone Entry: Implications for Bulgaria's Real Estate Sector
Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone
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The prices of the real estates in Bulgaria have almost reached their real market prices.
This was announced Tuesday by the chair of the The National Real Property Association (NRPA), Lachezar Iskrov, in an interview for Darik Radio.
In his words, it is difficult to predict when the prices will star doing up again.
Currently, two-room apartments are what most of the buyers look for in the capital Sofia. Best locations for buying a mid-price property are Lyulin and Druzhba quarters, Iskrov explained.
One of the most prestigious regions remains this around the South Park, he said.
However, Iskrov denied that there were realties with good location, and with good construction quality at prices of EUR 1 000-1 200 per square meter.
On the contrary, other real estates broker claim that the Sofia market offers deals for under EUR 900 per square meter.
All specialist, though, advice to mind construction quality.
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