At the end of the second quarter of this year, costs of homes in the Capital passed over the limit of 500 Ђ per metre square. Afterwards the rise of costs slowed down. During the summer, agencies traditionally report about lower amount of deals made, which leads to lower cost dynamics. The interest in new buildings jumped sharply at the beginning of this autumn.
Good offers are already running out and this result in rise of the costs by 10% only in September. Alarmed by this, people started buying flats as soon as they were projected. NCI reported rise of costs by 12% in the country, our database showed rise of no more than 10% for July, August and September. Just in the first month of this autumn the raising in Sofia is about 3%. It is expected that prices of old buildings will continue to increase slowly and the prices of new buildings in the most sought after areas will rise by 10%. Until December the demand will keep its high level, fortunately the market has a large number of new building projects, enough to meet adequately the increasing demands.
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One-bed apartments in Lulin One-bedroom apartments Offering in Sofia has increased . Over the past three months on the market were placed over 400 new one-bedroom apartments of this type, with nearly 80% of them in residential neighbourhood "Lyulin". With a bit of a...more
Analysts: Lending to buyers with good incomes has been relieved According to \"Consumer loan center\" most peopel are seeking loans from 10,000 to 30,000 euros.
Buyers with good incomes were able to benefit from lower housing prices in September shows analysis from the \"Loan Center\" for the last...more
Two-bedroom apartments are again the most expensive properties for sale per square meter in Sofia. Prices of studio apartments have decreased with 4.2% over the past forty days in Sofia. Contrary to the usual trend price per square meter for studio apartment is now comparable with that of one-bedroom apartments and higher than the price...more