NEWSLETTER

24.10.2008 Property Demand in Sofia: Residential Properties in Southern Quarters Still Most Sought

Polina Stoykova, BULGARIAN PROPERTIES

Autumn traditionally is the season in which the demand for real estate increases which is a fact even now, in the midst of a global financial crisis. What is typical at this moment is the slower conclusion of deals, the more thorough research on the part of the buyers and the higher requirements on their part regarding the quality of the property and the services offered by the real estate agents.

Here is what the data of BULGARIAN PROPERTIES show regarding the demand of real estate in the capital Sofia for the period 15.09 - 15.10.2008 based on actual demand by potential clients.

82.4% of the potential clients are interested in residential properties in Sofia and the other 17.6% are looking for offices and commercial areas as the trend is this percentage to increase in the next couple of years.

29% of the potential clients are looking for a property in the southern quarters of Sofia as most preferred are the properties located along Bulgaria Boulevard and in the quarters of Buxton, Borovo, Boyana, Dragalevtsi, Vitosha and Pavlovo.

15.5% are looking for apartments in the center of the city which is the object of high demand.

13.2% are looking for residential properties as they do not have any preferences regarding the location and the parameters what is most important to them is the price which shows that people continue to see the real estate as a profitable and low-risk investment.

11.2 % of the potential buyers are interested in buying apartments in the eastern quarters like Studentski Grad, Dianabad, Izgrev, Mladost, Slatina and Reduta.

9% are looking for apartments in the quarter of Lozenets as a large part of them are looking for luxury and amenities as a reflection to their social status.

4.5% prefer the western quarters as the indisputable leader is the quarter of Lyulin.

6.7% of the potential buyers are looking for offices.

5.5% are looking for shops, warehouses and commercial areas.

3.2% are looking to buy plots of land.

2.2% want to invest in other types of properties and properties close to Sofia.

This survey was carried out by BULGARIAN PROPERTIES based on actual demand for the period 15.09-15.10.2008.


View all our offers in Sofia

View our rent offers in Sofia



TOP PUBLISHED OFFER

 

TOP SOLD OFFER

 



  read more newsletters
Comments from clients
Last year in September I bought an apartment from Bulgarian Properties. The service and the care the ...
My husband and I have just returned from our trip to Bulgaria organised by Bulgarian Properties. ...
We would like to say we dealt with Bulgarian Properties since 2003 and find them to be very helpful ...
Don't waste time for vewing trips! Organise property viewings via Skype!
Read our market analyses and forecasts!
Get to know more about our company!
View the best properties in the top Bulgarian ski resorts!
Latest News
BULGARIAN PROPERTIES with Awards for Agency and Broker of the Year!

21/March/2019

We are extremely proud to share with you that we received the two most prestigious awards in the Annual Awards in the real estate sector organized by the property portal Imoti.net:

🏆 Real Estate Agency of the Year
and
🏆 Broker of the Year, which was awarded to our top broker Magdalena Tosheva.

These awards come for 2018 - when BULGARIA... read more

LATEST REGIONAL NEWS
Facebook Opens a Large Center for Monitoring Content in Sofia

29/January/2019
https://www.novinite.com

The largest social networking site, Facebook, has officially announced it will open an office in Sofia to control and moderate content. The content review center will be in partnership with TELUS International, one of the largest outsourcing companies in Bulgaria. The news was reported to Capital.bg by the head of the content policy department of the company.

"Next year, around 150 ... read more

DID YOU KNOW?
Bulgaria is among the Countries Surveyed for the New Volkswagen Plant

22/February/2019
novinite.com

The German carmaker Volkswagen relies on electromobility. By the end of this year, the production of "Volkswagen I.D." will begin.

As a result, the company will also build a new factory in Eastern Europe, and Bulgaria is also among the candidates, reports Deutsche Welle.

... read more