Sofia Real Estate industry provides major boost to the economic growth of the city. The real estate properties of Sofia include office building, residential complexes, hotels and tourist villas.
Sofia is the largest city and capital of Bulgaria which offers varied business opportunities. As one of the key commercial sectors, Sofia real estate generates handsome amount of revenue for the country.
The central part of Sofia houses many real estate apartments which are quite expensive due to their strategic location. While those on other areas of the city come at affordable rates. With the increase of industries in the city, the real estate of Sofia is developing beyond leaps and bounds.
Bulgaria has recently joined the European Union or EU. This has resulted in considerable real estate investments in Sofia from other European countries.
The principal investors are mostly of British and Irish
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nationality. The real estate sector in Sofia has exhibited a stunning return of 25% every year since 2004. The lower mortgage rates of Bulgaria have also contributed to the sharp escalation of prices in Sofia real estate. The citizens of Bulgaria as well as the foreigners have been engaged in regular real estate investments in Sofia.
There are several real estate agents in Sofia. The prospective buyers can get properties in Sofia through them. Some of the important real estate agents of Sofia are:
- Imoinvest International
- Bases
- Independent Partners
- Knight Knox International
- Tamara Properties
- East 2 West International Property Ltd
- Mosaic Estate, International
- Let's Go2Bulgaria, Bulgarian Properties
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