Call
Send Email
Messenger
WhatsApp
Sofia’s Vitosha Boulevard now 47th in world’s most-expensive retail streets ranking
Sofia’s Vitosha Boulevard has been steadily climbing up in the ranking of the most expensive luxury retail streets in the world, and is now 47th out of a total of 65.
This is the highest position a street in Sofia has occupied in the past five years in the annual Main Streets Across The World report. With average monthly rent of 50 euro/sq. m., the most popular shopping street in Sofia has edged up two notches in 2018, changing places with Calea Victoriei in the capital of Romania Bucharest which dropped from 47th to 49th position over the same period, at an average monthly rent of 47 euro/sq. m.
The central streets of Sofia and Bucharest are positioned well, even though shopping malls have largely taken their place. Sofia’s Vitosha Boulevard has continued to enjoy unflagging interest for the opening of new stores and restaurants.
London’s New Bond Street is the most expensive European location and third globally, with monthly rent of 1339 euro/sq. m, while Hong Kong’s Causeway Bay has replaced New York’s Upper 5th Avenue as the world’s most expensive retail street.
Check our best commercial offers in the city center
Read more news
More News
The first month of 2026 has passed – the first after Bulgaria’s entry into the Eurozone. The market returned to a normal pace, interest in properties remained high, and deals continued to close across the country.
In this context, we proudly present our Agents of the Month – the professionals at BULGARIAN PROPERTIES, who stood out with their results, personal approach, and dedicatio...
Intermediaries expect a stronger supply of housing in 2026. According to them, this will lead to a calming of the rate of appreciation of this type of property, which is definitely not “healthy“ for the market.
“At the end of 2026, we can expect price increases to approach inflation or fall to below 10%“, predicts Polina Stoykova, CEO of BULGARIAN PROPERTIES.
In the ...
For the 18th consecutive year, BULGARIAN PROPERTIES presented its annual awards for best results and significant achievements.
2025 was another strong year for both BULGARIAN PROPERTIES and the real estate market in Bulgaria as a whole, with an increase in transactions and accelerated price growth prior to our entry into the eurozone.
This allowed us t...
In the third quarter of 2025, Bulgaria was among the EU countries experiencing the strongest growth in house prices, according to Eurostat data. Across the euro area, the house price index rose by 5.1% year-on-year, while the EU overall saw a 5.5% increase. Over the same period, prices had grown by 1.6% compared with the previous quarter, reflecting steady demand throughout the region.
