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Property buyers in Sofia are turning to Bulgaria blvd and Losenets region

The first school day and the beginning of the business season have a positive impact on the real estate market in the country every year.

"Traditionally, the beginning of the autumn customers are looking for properties in regions near the universities and schools.

The attention of the buyer is directed to ' Students City "," Darvenitsa ", "Mladost" and other regions with good communication and well developed infrastructure.

This is the conclusion of the Biggest Real Estate Agencies on the market .The agencies add aslo that the construction of "Bulgaria Mall" and "Paradise Center" directs buyers to boulevard "Bulgaria" and the region of "Losenets".

The real movement in these areas will be noticed more deep at the end of the year, when the Malls are expected to open and the infrastructure around these projects will be more organized, according to the specialists.

After the wide demand for accommodation and despite the increased prices in the regions nearby the new ray of metro, properties that are closer to the stations (up to 7-10 minutes), are causing greater interest of tenants and buyers.

An important factor for the increased prices are the high costs of the owners for maintaining the properties.

For example, a slight renovation of a small apartment starts from at least 500 leva and etc.A insignificant role play the increased property taxes for and fees for collecting the rubbish.

How the market will respond to the increased prices is not clear, but certainly the demand is getting more intensive because Sofia expects a lot of seasonal workers to return from their summers jobs, students and young people who are looking for development in the big city.

 

 

 
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