Call
Send Email
Messenger
WhatsApp
Rental prices of offices in Bulgaria continue to fall
Experts report of yet another month of decrease in prices of offices in Bulgaria. In 3Q 2011 rental rates in the new office buildings in Sofia dropped by 3.6% compared to the previous quarter. This means Bulgaria tops the list of office price drop in Europe, a research of CB Richard Ellis consultants shows. The price drop is even bigger year-on-year – 5.26%, the research shows. Experts explain the decrease in rental levels with the big supply of office areas against the backdrop of lower demand.
According to Colliers International in the first half of the year Sofia ranks second in Europe with regard to unoccupied offices – a quarter of the business premises in Sofia are vacant. Experts report great interest in renting them but the actual concluded deals are few. Nevertheless, more commercial and business buildings are being built in Sofia.
It recently became known that Bulgaria ranks 13th in an international ranking for trading areas to be built by the end of 2012. By the end of next year 181,500 sq.m. of new trading areas are expected to be finished in Bulgaria.
View all our offices for rent
Read more news
More News
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...
Housing prices in Bulgaria are accelerating their growth on an annual basis compared to the first quarter, both nationally and in the country's major cities, according to data from the National Statistical Institute (NSI).
In the second quarter, housing prices in the country rose by 15.5% on an annual basis, which is a slight acceleration compared to the 15.1% growth i...
