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Property Interest in Bulgarian Big Cities Moves to the Outskirts
2008-03-04 16:58 News from News.bg

There is an increase in construction and demand of lodgings in the outskirt regions of the big cities in Bulgaria in 2007, says data of the annual report of property agency ‘Foros` quoted by investor.bg. According to brokers among the reasons for this is the inability of the supply to respond to the growing demand, directed mostly towards the central citizen areas.

In Sofia the new outskirt regions, attractive to many people are situated round the future trace of the underground and mostly in Mladost 4 residential district due its close location to Business Park Sofia.

In the last year the most demanded remain the two-room apartments, which makes almost 53% from the whole property demand and 40,5% from the real estate demand in Bulgaria.

The average price increase of lodgings in the country last year is 30%. The biggest increase was marked in Sofia (54%) followed by Varna city (39%), Ruse (31%), Plovdiv (29,5%), Veliko Turnovo (22,5%) and Burgas (22,5%).

The rent market also marks rising movement in 2007. The biggest is noticed in Varna luxury lodgings - 22%.



This News is listed at news.Guide-Bulgaria.com

house for sale
house Veliko TurnovoVeliko Turnovo
100 m2
€ 18800
house for sale
house PlaninovoPlaninovo
120 m2
€ 16600
house for sale
house BiserBiser
90 m2
€ 20600

Pages: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

> 2008-03-19 `08 deliveries to have no effect on tight office space market
> 2008-03-18 Bulgaria’s property market keeps up the momentum
> 2008-03-18 Agricultural land prices hovering at 2000-3000 leva/ha
> 2008-03-17 Arco Invest sold a part of its building on Madrid blvd., Sofia
> 2008-03-17 New Golf Village will be built near Kableshkovo
> 2008-03-17 Rooftop garden and a sky bar attractions in Bee Garden business centre
> 2008-03-17 France`s Carrefour sells Sofia development to Greek fund
> 2008-03-13 Norwegians Invest in Housing Estate in Dupnica Town near Sofia
> 2008-03-10 24 Illegal Constructions to be Demolished in Golden Sands Resort
> 2008-03-10 Bulgarian Land Development buys Bulgarian plots for 1.7 mln eur
> 2008-03-10 Fewer customers in Bansko and Razlog
> 2008-03-10 Low-rise holiday village will be built near Losenets
> 2008-03-10 Impressive building is growing on a steep plot in Smolyan
> 2008-03-04 Property Interest in Bulgarian Big Cities Moves to the Outskirts
> 2008-03-04 Ireland`s Sunday Tribune: Borovets among top places to make money from property in `08
> 2008-03-04 Lewis Charles fund invests 45 mln euro in Sofia property developments
> 2008-03-03 Sozopol municipality with special tourist estates
> 2008-03-03 Property Investment in Bulgaria
> 2008-02-29 Russians Commit Money Laundering in Pamporovo Ski Resort?
> 2008-02-28 Mortgages finance more than half of property purchases

Pages: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

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