Call
Send Email
Messenger
WhatsApp
Bulgaria’s Sofia property prices rise 6% y/y in Jan-Sept
Housing prices in Bulgaria’s capital Sofia have risen by 6% on the year in the first nine months of 2015 and the number of closed property deals has increased by 20% over the same period, according to data of Bulgarian Properties real estate agency.
The average purchase price of apartments in Sofia was EUR 781 per square meter in the first nine months of 2015 compared to EUR 738 sq.m. for the same period last year, Bulgarian Properties said in its latest Sofia housing prices report.
The real estate agency said that its calculations based on data from the Registry Agency also showed that a total of 16,838 property sales were completed in the period January-September 2015, compared to 13,888 for the same period last year.
The average price of the apartments sold in Sofia in the third quarter was EUR 794/sq.m., compared to EUR 780/sq.m. for the prior quarter and EUR 750/sq.m. for the third quarter of last year. The average purchase price of an apartment in Sofia was EUR 66,500 in the third quarter.
"Thus, we already have a clear vision of how the year is going to end – with around 6% increase of property prices and 20 to 30% more sales,” Polina Stoykova MRICS, Managing Director & Head of Research at Bulgarian Properties, commented in a statement.
See our properties for sale and rent in Sofia
Read more news
More News
2024 kicked off with a dynamic property market in Bulgaria, and this activity was sustained throughout the first quarter, making it one of the strongest quarters in housing market history. This was confirmed by data from the Registry Agency, which showed an increase in sales volumes in the country's leading markets.
This year, the market switched into a higher gear. T...
Spring is here, bringing new opportunities in the real estate market!
March was a month full of property transactions, reinforcing market activity and allowing us to successfully conclude the first quarter of the year. We witnessed significant movement not only in the major cities but also in our favorite seaside and ski resorts. Additionally, the season for buying rural houses is i...
We are proud to announce the opening of our new office in the city of Dupnitsa, located at Knyaz Boris I Street, No. 1, Floor 1.
This strategic move is part of our mission to be as close as possible to our customers and to provide high quality local service for both buyers and sellers.
In our new office, clients will be able to take advantage of the ful...
In a series of materials, we present you with useful information on how to best prepare your home for viewings and how to determine the right price of your property.
Here we will focus on the heart of the transaction. Buying and selling real estate often seems a complicated and cumbersome procedure, requiring a number of documents and communication with various institutions. And buy...
