Sofia Apartments and Sofia Rentals: overview on the first half of 2008
Posted by writer on Jun 28, 2008
The research over the Sofia apartments market and the Sofia rentals for the first six months of the current year shows that the prices of the properties, as well as the sums for the monthly rentals are still stable and slowly rising. The interest of the foreign investors in the country, especially those coming from the UK and Ireland, is not as strong as it used to be but still there are areas that are so excellent that any investment made there turns to be quite perspective.
The capital Sofia is, without any doubt such a good investment zone, along with the ski resorts with their long ski season and excellent facilities and the summer resorts with their fantastic beaches. The market shows a new trend among buyers, as the ones buying for speculative reasons only are now replaced by buyers who invest with their hearts and are not that interested in the price or the potential for return of the property which still reaches 5.30% . It is truth that in some parts of Sofia there is an oversupply of properties, however the offers for sale and rent in Sofia’ top centre and the good residential districts is still corresponding to the demand and characterizing with good quality of the presented real estate product.