Brick House In The Countryside - ID 1764

Malls In Bulgarias Capital To Affect Property Market 07/03/2008
The latest property market tendencies in Bulgaria show the demand for stores on the capital's main boulevards is growing. Because of the high demand and scarce supply, monthly rents on Sofia's Vitosha Boulevard reached 110 euro a sq m, Capital newspaper said. The situation was about to change with the opening of the three shopping malls in the capital, experts predicted. Many brands may like to open a second store in the shopping centres. Others might even transfer their old stores to the malls because of the lower rents, from 30 to 60 euro a sq m a month, Capital said. City Centre Sofia, near the Hemus Hotel, will be the first one to open, some time in mid-May. Most of the shopping centre's 20 000 sq m have already been rented. Mall of Sofia will open by the end of... more

Housing Market Demand Still Outstrips Supply Foros 14/03/2008
Demand continued to outstrip supply on the Bulgarian housing market last year, fuelling a 30-per cent increase in residential prices, local real estate agency Foros said in its 2007 market overview. Central areas of large regional cities were suffering the greatest under-supply, sending buyers in search of options in the suburbs. The demand/supply gap has also been identified in the market research of other major property brokers like Address and Yavlena, Dnevnik daily reported on March 5. Foros said that last year saw a significant pick-up in demand for homes in the vicinity of major lifestyle, office or transportation hubs like metro stations and business parks in Sofia and the shopping districts in Varna. The agency has forecast a 10-15 per cent increase in housing prices in... more