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
We are welcoming Autumn with encouraging signs from the Bulgarian property market! 🍂🏡
August, traditionally one of the quietest holiday months of the year, brought a noticeable increase in activity. The market once again demonstrated that when attractive properties are offered at the right price, buyers are ready to act and transactions can happen quickly.
Bulgaria is preparing for one of the biggest international events in its recent history. Burgas has officially been selected to host the Eurovision Song Contest 2027, bringing Europe’s largest live music show to the Bulgarian Black Sea coast for the first time.
The 71st Eurovision Song Contest will take place in Arena Burgas, with the two Semi-Finals scheduled for 11 a...
Bulgaria has been ranked 12th among 192 countries in the Rumavi Global Relocation Index 2026, reinforcing its position as an increasingly attractive destination for living, working, retiring and investing in property.
Bulgaria has achieved an impressive 12th place in the global Best Countries to Live in 2026 ranking, compiled as part of the Rumavi Global Relocation Ind...
Summer is in full swing, and the property market continues to prove that the right listings make all the difference! ☀🏡
July brought important market data and sparked wide discussion about the future direction of transaction volumes and property prices. The market is entering a more balanced phase, buyers are becoming more cautious, and their choices are increasingly s...
