One of the most dynamically developing residential complexes in Sofia is Mladost

How much has the property prices in the Mladost quarter in Sofia increased over the last 5 years One of the most dynamically developing residential complexes in Sofia is Mladost. This is undoubtedly largely due to the emergence of Business Market Sofia, which over the years has proven to be one of the most profitable investments in our country. Recruiting more than 10,000 employees into it, naturally the interest in acquiring housing in this part of the capital remained high. Today, Mladost 1 is ranked sixth among the most sought after homes for sale in Sofia. In all parts of Mladost quarter, except for Mladost 4, the demand exceeds twice the supply, which is another proof that the interest in this part of the capital for buying a home is not subsiding. The highest demand is in Mladost 1. Following are Mladost 2 and Mladost 3. The least interest is in Mladost 1A.

Over the last five years (September 2015 to September 2019), prices have increased from 31% to 48%. between 31% and 41% increased the average values ​​of studio apartments. Their supply remains very limited. Just over 50 is the number of such properties offered. Over 100 Euro is the price per square meter in the second and third part. The cheapest is in Mladost 4 - 697 EUR / sq.m.

In terms of the most commercially traded homes - one bedroom apartments, the offers are over 300. The average price has increased between 40% and 48%, the strongest increase being in Mladost 2. The value per sq.m. in all parts of the metropolitan area is more than 1000 EUR, in the second part exceeds 1100 EUR / sq.m.

Buyers who choose to invest in a three-bedroom apartment have the greatest choice. Over 380 properties are offered, with the price per sq.m. is over 1000 Euros in all areas of Mladost. The rise in price over the last five years is between 35% and 43%, the largest being in Mladost 1.

The development of the neighborhood continues. Former Asco Denitsa store is expected to launch more properties for sale on the market. A number of 4-5-storey residential buildings are also under construction. Currently, nearly 100 are the number of offered apartments in the construction phase, with the majority being in Mladost 4. The price of a studio of 24 sq.m. is 27 400 EUR. A 43 sq.m. studio apartment, located in a building that will be completed in 2021, is twice as expensive.