Fri, Feb 10 2012

APARTMENT PRICES IN BULGARIA'S CAPITAL SLIGHTLY INCREASE IN APRIL

Fri, May 04 2007 11:19 CET

459 Views

Prices of apartments in Sofia slightly increased in April, data of Foros real estate agency showed.

The average price increase in Sofia for new construction, panel buildings and brick-made buildings for April is 4.42 per cent.

Lozenets residential district experienced an increase of 10.77 per cent. Prices there reached 1080 euro per sq m. The increase was attributed to smaller number of offers while the interest remained unchanged.

Foreign investors are mostly interested in plots in the southern regions and the centre of Sofia.

The average prices in Vitosha residential district went up by 6.27 per cent reaching 734.33 euro per sq m.

The slightest increase was registered in the residential district of Mladost-3, where the average price went up by 0.53 per cent to reach 636.67 euro per sq m.

The most expensive residential district is still Ivan Vazov, where the average price is 1133.33 euro per sq m.

Average prices in the coastal cities remained almost unchanged. The prices in the centre of Bourgas averaged 1100 euro per sq m.

The average prices in Sozopol is also 1100 euro per sq m. In Primorsko and Pomorie values are lower respectively 850 and 650 euro per sq m.

Apartment prices in Varna remained unchanged and the average in the centre varies between 1000 and 1300 euro per sq m.

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

More in this category

Raiffeisen Real Estate: Prices of Sofia homes returned to 2007 levels

Average market prices of homes in Sofia fell by one per cent in the fourth quarter of 2011 compared to the same period of 2010, according to the Raiffeisen Real Estate Index, as quoted by Klasa daily.

Most property sales in Bulgaria were people wanting to escape their investment – report

Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.

Bulgarian property market: Home finance easier, media report says

Nearly all banks are ready to finance between 80 per cent and 90 per cent of the price of a home, provided it is a good building in a large city, Bulgarian daily says.

Bulgarian property prices ‘have hit bottom’ brokers say – report

Property prices in Bulgaria were five to 10 per cent lower in 2011 than in 2010, while initial estimates for this year are that they will remain largely unchanged, with transactions remaining at ‘crisis levels’.

Budapest, Skopje at top among ‘Europe’s top 20 places to invest in property’

Bulgaria’s capital city Sofia ranks 17th, report says, quoting Global Property Guide.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.