16 % growth of the real estate rates in Sofia

Since the beginning of 2016 the average rates of the properties in Sofia reach 772 EUR per square meter, and 1200 EUR per square meter in the luxury segment. In the country the average rates per square meter are as follow: Varna – 726 EUR, Plovdiv – 538 EUR, Burgas – 542 EUR.

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Investors are the largest part of the property sellers: 26 %. Next are the owners who want better life environment: 12 %.

Good news is, that over the half of all clients buy property until one month of the first view. But along with this, the clients make a lot of researches for short terms before buying. This means, that there are a lot of real clients.

87 % of the clients buy properties for personal use, and 13 % – for investment. Most of the properties bought for investment are 2 – bedroom flats in good buildings and neibourghoods that are given for rent after that.

The typical clients profile is: Bulgarian, on stable job in the sectors of IT, medicine, trading. Most are families with children whow want bigger homes.

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