0
Hello,
Favourite properties (0)
Saved searches
Selected for you
Notifications
Subscriptions
Settings
Sign out
Close

High Demand for Office Space in Bulgaria to Continue in 2016

2016-06-22   |  www.novinite.com

Last year’s increased demand for office space in Bulgaria has been carried over into the first half of 2016, setting the stage for active and dynamic trading in the next 12 to 18 months, according to Bulgarian Properties real estate agency.

“It seems that the increased demand for office space will continue. At the same time, projects that entered the market over the past year as well as projects under construction in established office locations will increase supply in response to higher demand from tenants,” Bulgarian Properties said in a statement.

Newly opened companies were usually looking for office space of about 200 to 300 square meters but demand for offices of 700-800 sq.m. was not an exception.

“The tenants are mostly companies active in outsourcing, financial intermediation services, information technologies. Often, these companies do not serve the Bulgarian market and have their customers abroad,” the Sofia-based real estate agency said.

Occupancy rates of 90% to 95% have been registered for offices in good locations which also feature good functional distribution of areas.

The monthly rental rates for offices in class A buildings vary from EUR 10 to EUR 13 per sq.m., according to Bulgarian Properties.

View our offices for rent in Sofia



  read more articles

Share
Properties with 360-degree virtual tours
Feel the unique atmosphere of Bulgarian properties with the virtual tours we offer! At any time, with just one click, you can travel to your dream home, with no need for appointments and trips.

The virtual tours are taken personally by our team and are with guaranteed authenticity. We show you every detail of the property, just like being live in there!
See More
Properties with video
Only on our website you will find a variety of properties in Bulgaria with videos. Don't waste time, view them online - on your phone, laptop or tablet, at a convenient time and without the need for an inspection trip and personal visit. Welcome for video viewings with BULGARIAN PROPERTIES!
See More

REQUEST DETAILS