Call
Send Email
Messenger
WhatsApp
Property sales in Sofia in H2 of 2014: The Return of the Buyers
A report by BULGARIAN PROPERTIES for H2 of 2014:
'Our optimistic expectations for this year have been justified, especially in the second half of the year, when we saw a significant activation on the property market in Sofia. The sales of residential properties in the capital grew by 15% compared to last year and now we can confidently say that the second half of 2014 will become the most successful period for the residential real estate market in Bulgaria since the beginning of the crisis.' This is how Polina Stoykova, Managing Director of BULGARIAN PROPERTIES summarizes the second half of the year for the real estate market in Sofia, Bulgaria.
'On one hand this is due to the stabilization of the market and the completion of the downward price trend and, on the other hand, this is due to the return of the confidence in the property market. More and more buyers are thinking of buying property because property is a safe real asset', she adds.
Many people, who have been postponing the property purchase, have returned to the market and decided to buy property. Others are driven by the desire to make a reasonable investment and generate rental income due to the high demand of rental apartments in Sofia. The return of the buyers was also driven by the improved mortgage loans' conditions.
If you wish to receive the full analysis about the property market in Sofia in H2 of 2014, send us an enquiry.
See our top offers in Sofia
Sell your property in Sofia with us!
Read more news
More News
Property prices in Sofia are still significantly lower than those in other European capitals
How will the property market in Bulgaria change after we join the eurozone? This is a key question for both property owners and those considering a purchase. Will prices rise? Will there be a slowdown? Should I buy, sell, or wait?
The experience of other countries shows that a...
We are pleased to announce starting operations in Shumen area, with which we continue to pursue our mission – to be present in every region of Bulgaria, providing you with professional service, security and full support in real estate transactions.
Our new regional representative for Shumen and the surrounding areas is Galina Kirilova – a licensed real estate appraiser...
New season, new office, same trusted team!
With the summer season upon us, we are pleased to announce that the BULGARIAN PROPERTIES office in Sunny Beach has moved to a new location!
Our team welcomes you in Trakia Apartments complex, on the ground floor - right opposite T Market store.
📅 The official opening took place on 7 June 2...
After another strong month on the Bulgarian real estate market, despite the holidays and long weekends, we’re proud to announce our Top Performing Agents for June – the professionals who delivered outstanding results throughout May!
May proved once again that demand remains high and transactions are moving fast. We added new attractive properties, were featured in prestigious media...
