Bulgaria remains among the cheapest countries for office rent in Europe, says research of Cushman&Wakefield. The only countries with cheaper office rents in Europe are Cyprus, Croatia, Macedonia and Estonia. In the world ranking of these rates Bulgaria is on 60 – th place.
The average annual expenditure for office in the center of Sofia is 223 EUR per square meter. For example, this expenditure in London is 2122 EUR per year.
The low expenditures for office renting are one of the biggest advantages for attracting of investors. The office rent rates in Sofia are ten times cheaper than these in London, and also much cheaper than cities like Bucharest, Budapest and Warsaw.