02.04.2014 Strong Q1 for the property sales in Sofia
Polina Stoykova MRICS, Head of Operations and Property Research
The interest of the buyers is focused toward the purchase of apartments, while houses in Sofia provoke the attention of approximately 18% of the potential buyers. The residential districts with the highest number of sales include Vitosha and Mladost at price levels between 600 and 750 Euro/sq.m depending on the level of completion of the properties.
The average price of the apartments sold in Sofia for the first quarter of 2014 was 730 Euro/sq.m. It remains unchanged from 2013. The apartments on demand are with prices up to 50 000 Euro, as well as apartments in the luxurious segment at prices above 120 000 Euro.
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