Call
Send Email
Messenger
WhatsApp
BULGARIAN PROPERTIES' 2009 Analysis of Business Properties – Offices and Shops Sales and Rentals
According to BULGARIAN PROPERTIES’ 2009 analysis of business properties the market of sales of offices in the capital Sofia has been very quiet since the beginning of 2009, as the supply varies greatly but there is no demand even after prices fell considerably in the last year.
Currently, office prices per square meter do not go below 1,500 Euro as there is a wide choice of offices with prices between 2,000 to 2,700 Euro/sq.m. for offices in class A buildings or in the city’s ideal center. In Sofia offices in new buildings in the wide center area, along Bulgaria Blvd. and in the quarter of Lozenets are offered between 1,500 and 2,000 Euro/sq.m. Prices of class A offices for rent in Varna vary a lot – from 8 to 16 Euro/sq.m. as about 5 months ago these offices were offered at prices between 10 and 18 Euro/sq.m. Most lower-class offices are offered at 5-8 Euro/sq.m. and price discounts reach 20%.
In 2009 most offers for shops are for rent but there are a number of interesting offers for sale as well. Prices vary a lot – from 1,100 Euro/sq.m. for shops in the wide center area with not so attractive location to over 2,700 Euro/sq.m. for shops with a window on a main boulevard in Sofia. For this type of properties discounts are an exception – only 8% of these properties have discounted prices and the discounts are less than 10%. Some of the shops offered for rent can be bought at a reasonable price with the help of BULGARIAN PROPERTIES. The shops on the central shopping street in Varna are offered for rent at prices between 20-25 Euro/sq.m. which are similar to those of shops in sought-after areas in Sofia.
As a whole, there are very few deals for sale of offices and shops in 2009 which shows that offer prices are above the actual market prices. What is typical is that when a buyer is interested in an offer, during the negotiation process the price of an office or a shop can be reduced by up to 30%.
If you wish to receive the full analysis on your e-mail please click here.
View all our offers for office areas
View all our offers for shops
View our BEST BARGAIN properties
View our DISCOUNTED PROPERTIES
Read more news
More News
As autumn is in full swing, the real estate market in Bulgaria remains stable and active in anticipation of the eurozone entry.
Property prices continue to rise, and interest in new-build projects remains strong, especially for modern complexes with guaranteed quality. The year also appears to be one of the strongest for a rise in demand for rural houses which are offered in quite ...
The real estate market in Bulgaria's major cities is calmer than expected, just months before Bulgaria joins the eurozone. The euphoria and large sales volume remained in the first half of the year, until the decision to accept the country into the eurozone. This was commented on by Polina Stoykova MRICS, Managing Director and co-owner of the real estate agency Bulgarian Properties, during the Rea...
Twenty years ago, Bulgaria became one of the most attractive destinations for British buyers searching for affordable holiday homes and retirement havens. Now, two decades later, the trend is back – and stronger than ever.
One of the many inspiring stories we’ve witnessed recently is that of Yossef, a buyer from the UK who came to explore Bulgaria with the hope of find...
🏆 Your Trusted Partners in the Peak of the Real Estate Season!
As autumn settles in, the property market in Bulgaria is showing no signs of slowing down!
Between national holidays, the start of the school year, and the buzz of city life, we at BULGARIAN PROPERTIES have been working at full speed to bring buyers and sellers together in successful transactions...
