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Growing investor interest in Sofia and increasing construction activity are prompting more people to put their savings into property in the capital.
Sales rose by 20%, while housing prices in Sofia increased by 6% year on year in Q3 2015.
Two-room apartments were the most sought-after homes in Q3, accounting for around 60% of housing sales in Sofia. More than 60% of buyers chose two-room apartments with electric heating.
One trend is worth noting: buyers initially show most interest in three-room apartments, but eventually purchase two-room homes of up to 80 m² costing €40,000–60,000.
Sofia’s most popular districts include Vitosha, Mladost, Studentski Grad and Manastirski Livadi. The highest property prices are in the city centre and Lozenets.
In Plovdiv, sales fell by 10% in Q3 compared with Q2. In Burgas, property transactions increased both in Q3 and year on year, by 9% and 5%, respectively.
