Sun, Jul 05 2009

APARTMENT PRICES IN BULGARIA'S CAPITAL SLIGHTLY INCREASE IN APRIL

Fri, May 04 2007 11:19 CET 96 Views

Prices of apartments in Sofia slightly increased in April, data of Foros real estate agency showed.

The average price increase in Sofia for new construction, panel buildings and brick-made buildings for April is 4.42 per cent.

Lozenets residential district experienced an increase of 10.77 per cent. Prices there reached 1080 euro per sq m. The increase was attributed to smaller number of offers while the interest remained unchanged.

Foreign investors are mostly interested in plots in the southern regions and the centre of Sofia.

The average prices in Vitosha residential district went up by 6.27 per cent reaching 734.33 euro per sq m.

The slightest increase was registered in the residential district of Mladost-3, where the average price went up by 0.53 per cent to reach 636.67 euro per sq m.

The most expensive residential district is still Ivan Vazov, where the average price is 1133.33 euro per sq m.

Average prices in the coastal cities remained almost unchanged. The prices in the centre of Bourgas averaged 1100 euro per sq m.

The average prices in Sozopol is also 1100 euro per sq m. In Primorsko and Pomorie values are lower respectively 850 and 650 euro per sq m.

Apartment prices in Varna remained unchanged and the average in the centre varies between 1000 and 1300 euro per sq m.

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