15.11.2018 Vitosha Boulevard is on 47th place for the most expensive commercial street in the world
The annual Main Streets Across The World report, celebrating its 30th anniversary, tracks 446 of the top retail streets around the globe and ranks the most expensive in 65 countries by prime rental value utilizing Cushman & Wakefield's proprietary data.
For this year Vitosha climbs two places up with an average monthly rental on commercial areas of EUR 50 per square meter.
''In Sofia, Vitosha Boulevard enjoys a constant interest in opening new shops and restaurants in recent years, and this is also the basis for the rent growth we are seeing, especially when the locations are with better visibility and they are demanded by traders", said Ivan Gramatikov, who is the Sales Manager at Cushman & Wakefield.
Russell Street, in the city’s central Causeway Bay district, has replaced New York’s Upper 5th Avenue as the world’s most expensive retail street by rental value, according to property consultants Cushman & Wakefield.
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The Associated Press
SOFIA, Bulgaria (AP) — Plovdiv, the oldest city in Bulgaria, has been officially inaugurated as the European Capital of Culture for 2019.
Some 50,000 people gathered on a central square Saturday to watch the opening show dubbed "We are all colors" with 1,500 local and foreign artists on several stages.
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Polina Stoykova MRICS, Executive Director of BULGARIAN PROPERTIES
We can say that 2018 was successful, interesting and dynamic for the real estate market in Sofia, but with much smoother growth of all indicators, as well as many micro cycles that kept changing the property market in the different months. In general, we can define it as a stabilizing year for the housing market in the capital of Bulgaria.
The demand for properties in Sofia remained... read more
Vitosha Boulevard is on 47th place for the most expensive commercial street in the world for this year. It climbs to its highest position for the past five years.
The annual Main Streets Across The World report, celebrating its 30th anniversary, tracks 446 of the top retail streets around the globe and ranks the most expensive in 65 countries by prime rental value utilizing Cushman ... read more
The Eastern Rhodopes are a beautiful mountainous region near the Bulgarian borders with Turkey and Greece and the tourist season is now in full swing. A number of settlements and nature reserves offer places to stay and opportunities for organizing photo safaris.
More and more tourists... read more
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