Тhe appreciation in the first quarter of this year compared to last in 2015 and is 2.5%, on an annual basis – 8.4%.
Since the beginning of the year clearly outlined tendency of demand for new housing construction. For the past few months 50% of sales in Sofia are exactly with this type of housing, as most of them are in new buildings, including those that are in the very early stages.
The company's data indicate that the average price of property transactions realised in new buildings is approximately 950 EUR/sq.m. – with 100 EUR/sq.m. higher than the average market price.
The average price of purchase of apartments in Sofia in the last three months of the year was EUR 79 800, and specifically for housing new construction – 90 000 EUR, which shows the preference of buyers to new housing construction and higher prices that are willing to pay for a purchase in quality new projects.
A total of 85% of buyers have chosen this type of property in the period January-March 2016. the average size of homes purchased in the past few months is 90 square meters. The area is growing relative to the previous quarter due to the larger share purchased homes with two and three bedrooms. Most commonly buy apartments on the 2nd to the 5th floor, but don't miss the interest and to the 6th to the 8th, when the building offers beautiful views.