News

Forthcoming best three months for the property market in Bulgaria

14.09.2015

The last three months of 2015 will be quite dynamic for the real estate market on the basis of what is happening so far this year. We witnessed the active summer season , in which the interest on the purchase in Sofia and other big cities and holiday properties remained stable.

Buyers are already very well oriented in supply and quickly decide which properties are high quality and properly priced . Accordingly, the decisions are taken quickly, i.e. buyers are willing to conclude transactions. This will motivate sellers to enter the market with good offers to conclude a bargain and to finish the year successfully, and this will condition the existence of a well-balanced and active property market in the coming months.

Data of the Registry Agency shows that for the last quarter of 2014 are concluded a record for the year on a quarterly basis over 65 000 transactions in the property market . The last quarter is the most - heavily as purely psychological people realize that they remain a few days until the end of the year and if they had a plan to buy or sell property in 2015 , it is not much time left and should act quickly.

People and companies now have clarity what they earned and saved during the year and what they can invest or spend , and this boosts consumption and investment as a whole in the last quarter.

Source: www.profit.bg

Analysis of the real estate market in Sofia - H1 2024

02.09.2024

Investment Market   Total investment volume for H1 2024 reached €78.50 mil, marking a slight increase from €73.95 mil in H1 2023. However, the distribution of transactions shifted notably. The industrial sector dominated, accounting for €71.40 mil, driven by a significant portf...

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Analysis of the business real estate market in Sofia H2 2023

04.03.2024

  Investment Market The cautious behavior seen in investors in H1 2023 continued through H2 as well. The main reason for that seems to be the high cost of financing as interest rates for investors have reached 6.5 – 7.5% which basically melts down the potential return almost entirely. ...

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The real estate market in Sofia H1 2023

11.09.2023

Investment Market There was modest investment activity in the first half of 2023, with most deals focused on the office segment. The cautious behavior from investors can be explained by their expectation of global economic slowdown and a potential increase of NPL”s, which could provide opport...

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