With the available selection of new construction and stable demand, the market is in balance and enjoys excellent conditions for buying and selling real estate.
Comparing the annual statistics for the third quarter of the current year with last year, the company reported a 14% increase in prices. The average price at which apartments are purchased is € 93,000. During this period, housing transactions in Sofia in 6300, an increase of 3.5% compared to the same period last year, when committed 6073 sales.
The advantages are in new construction. About 60% of transactions are with this type of property. Half of the customers have bought two-room apartments, and 35% have three rooms. Multi-room apartments still do not enjoy interest from the mass buyer. There deals with new properties of this type are only 5%.
The purchase of a new home in turn-key is not popular in Bulgaria. Only 5% of customers benefit from it. The reason is mostly the high price. Of the sold homes, only 25% are fully furnished. The presence of a thermal power plant continues to bother customers. A proof of this is that only half of the apartments subject to a deal are with central heating.