Coming to Sofia for a longer period? Rent your serviced apartment for the entire season
Posted by writer on Sep 2, 2008
With the autumn on our doorstep and the new business season starting, many executives and diplomats are heading towards Sofia. Some of them will stay for a short period, but some will spend months in the capital, monitoring the business activities of their employees. For all those people are now available many serviced and fully furnished apartments in the centre and the good residential districts of Sofia like Lozenets,
for example. The comfort of these apartments is times better than that of the hotel rooms, while the price is usually affordable. Even so, because of the serious demand for such places for rent the advice of the real estate agencies is to book for longer periods and avoid the inconvenience to search for another serviced apartment in the middle of your stay.
The search for studio and small-size apartments in Sofia is currently very strong but not many offers are available on the market today. With the coming of the new school, business and administrative year, many locals are searching for new lodgings as well. This type of apartments for rent in Sofia is on demand because of their low maintenance cost and bearable bills. Because of the tendency described above, a new business started in Sofia, which is becoming very popular among the low-risk long-term investors and the young people who already possess a property and are not afraid to step into the rental market. Even if the situation today is tricky because of the increasing interest rate of the banks and the growing prices of the go0d-quality properties, the research show that each appealing apartment with good location will pay back for a period of 10 to 28 years, if rented. The period varies as this depends on the type of construction, the size of the property and the exact location.