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Bulgaria's capital Sofia has registered the highest decrease in the rent prices for prime office spaces among 53 European cities, a CB Richard Ellis report shows.
In the fourth quarter of 2011 Bulgaria's office rents dropped by 7.1% year on year. Compared to the previous quarter, the decrease was 3.7%, the highest decrease among the European cities included in the report, according to the Mediapool news agency.
The rents in Sofia's highest office space rental market segment were EUR 13 per sq m at the end of the fourth quarter of 2011.
Drops in the prime office space rents were observed in several regions of Croatia, Ireland, the Netherlands, Portugal and Spain, as well as UK's Edinburgh.
The biggest increase was registered in the Russian market, with rental prices growing by 33% year on year.
Residents and visitors in Sofia will be able to park without payment in the city’s “blue” and “green” zones during the upcoming Easter holidays
A 40-meter-high Ferris wheel has been installed in central Sofia, becoming a new attraction for residents and visitors seeking panoramic views of the capital.
Health authorities have reported a total of 66 confirmed measles cases in Bulgaria, with the first infection now recorded in Sofia, according to data published on the Ministry of Health’s epidemic monitoring platform.
A total of 147 years have passed since Sofia was officially designated as the capital of Bulgaria
Restaurant and café prices in Bulgaria have increased sharply over the past decade, rising by close to 110%, according to analysis by the Institute for Market Economics
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
Housing prices in Bulgaria have surged by 157% between 2015 and the end of 2025
The Bulgarian real estate market is showing signs of cooling in early 2026, with experts reporting a slowdown in transactions and a shift toward more balanced conditions between buyers and sellers
In 2026 the Bulgarian residential market is shaped less by size and more by adaptability.
Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector.
The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size.
Property values in Sofia have surged by approximately €500 per square metre over the past year, according to data from one of Bulgaria’s largest real estate agencies. Across the country’s main cities, housing costs climbed by 20% in the final quarter of 2
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