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Foreigners mad about buying properties in Bulgaria: 1400 EUR/sq.m for a luxury apartment in Sofia

2004-05-28   |  Article by Trud Daily, 27 May 2005

People from UK, Germany and Austria went crazy about buying luxurious properties in Sofia. This information was supplied to “Trud Daily” by local Real Estate Agencies.

The apartments’ rush lead to a new rise in the prices and now a sq.m. close to the Doctor’s Garden reached the price of 1400 Euro. A sq.m. of living area in that region of Sofia, which is among the most expensive ones reached the price of 800-1200 Euro/sq.m..
Estate agents explained that the record prices of 1400 Euro/sq.m. are paid for luxury apartments with designer interior, spacious terrace and panoramic views towards Vitosha Mountain.
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