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Property Sales On The Rise In Sofia

Business » PROPERTIES | March 31, 2014, Monday // 15:37| Views: 1385 | Comments: 0
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Bulgaria: Property Sales On The Rise In Sofia Photo: Bulgarian Properties

The first quarter of 2014 saw active property sales in Sofia, shows the data of Bulgarian Properties. 

The sales of residential properties in Sofia rose by 15% year-on-year and inquiries rose by 30%, which could mean an increasing activity in the upcoming months. 

According to Polina Stoikova, operational director of Bulgarian Properties, buyers are mostly interested in apartments and around 18% are seeking houses in Sofia. The majority of sales were in the residential areas Vitosha and Mladost at prices of EUR 600-750 per sq m. 

The average price in Q1 of 2014 was EUR 730 per sq m and remains unchanged, compared to 2013. 

The customers most often buy apartments for up to EUR 50 000, while the luxurious properties sell for over EUR 120 000.

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