The question facing anyone who has decided to become an owner of a home in Bulgaria is whether to move to a new or old building.
Some say that the old construction is with better quality. Others are proponents of the view that new technologies in the sector are worth the money, which the buyer will spend.
The truth is that the customers are looking for comfort. The interest is directed mainly to two-bedroom apartments, with a separate kitchen. The living room is good to be bigger, to have a place where kids can play.
Among the favorite areas in the capital city is a neighborhood "Mladost". With the construction of the subway at the moment and the resultant information for purchasing "Asko Denica" from one of the biggest Turkish companies - " Garanti Koza ", as well as placements in this part of the capital Sofia Business Park, the residential district is definitely the preferred place to live.
There is limited supply, and demand continues to increase. Average prices per square meter are moving in wide range between 600 EUR and 800 EUR, and in some places in a new luxury building transactions are concluded at 900 EUR/sq.m.
The majority of customers prefer to buy a home without the help of a loan. In cases when it comes to the purchase of the apartment by means of a bank loan, it is on average about EUR 30 000 for large cities, the capital average is EUR 40 000.
The fact is that those who are in need and have lived on leasehold are deciding to buy, because of this that the national statistics show that property prices have stabilized.
2013 will likely finish with a slight rise in the prices of residential properties, which will be within 2%-5%.