Sized homes in Sofia

Sized homes in Sofia hold constant prices over the past few months Experts say this is the first sign of reversing the downward trend in sales prices and start a new upward cycle in this segment.

The conclusion was based on calculations of the current yield on residential properties in Sofia on actual data from evaluators. The yield of a property is the ratio between sales price and potential rental and is indicative of trends in the property market.

Currently, sales prices stabilize faster than rents, leading to a decline in the current yield of investment in residential property to 4.29 percent in the first half of 2010, compared to 4.51% for 2009 most clearly seen in this apartment small-size to 50 square meters, which are preferred in metropolitan areas. This is expected to be felt soon and for larger homes.