In the second quarter 2015 average prices of residential property in the capital of Bulgaria grew by 6% compared with the same period of 2014, as compared with the first quarter of 2015 - 1%. These data are published by the portal “PRIAN.ru” referring to real estate Agency “BULGARIAN PROPHETIC”.
According to the Agency, on the capital's housing market is observed to increase almost all indicators: real estate prices, the number of transactions of sale and purchase, of total mortgage loans. For example, the number of property transactions in the third exceeded the figure for the same period in 2014. Intensified and also the construction sector, as evidenced by the increase in the number of permits issued for the construction of new residential buildings.
Average prices of apartments in Bulgaria's capital Sofia in the second quarter of 2015 stood at 770 euros. per square meter. The most expensive housing in the center of Sofia - more than 1100 euros. Among the apartments are more popular 3-bedroom and 2-bedroom apartments - 75% of the total volume of housing sold, less popular house - 10%.
The continuing growth of housing prices in Sofia and other Bulgarian cities is evidence of the continuing recovery of the market and serves as a signal to investors planning to invest in property in Bulgaria.