2018 stabilized housing prices in Bulgaria for the next 1-2 years
2018 stabilized housing prices in Bulgaria for the next 1-2 years. The main indicators of the real estate market in Sofia in 2018 – is:
* slowing price growth to about 5% year-on-year
* stabilization of the price at the level of 1000 euros per sq. m.
* the growing number of offers of new housing, which continues to be preferred among buyers.
The prospects of the housing market in Sofia remain positive. And today’s prices will remain unchanged in the next 1-2 years.
In 2018, prices remained at the level of the end of 2017. The average price of housing in Sofia in the third quarter of this year amounted to 1 090 Euro per sqm Average purchase price of housing in Sofia has decreased with the 90 thousand euros at the beginning of 2018 to 86 260 euros in the third quarter. Two-bedroom apartments continue to be the most purchased in Sofia.
2018 stabilized housing prices in Bulgaria for the next 1-2 years and this is your opportunity to buy real estate here
In Sofia, the pace of construction of new housing is very high, and many permits issue for the construction of new buildings. Interest in buying real estate in the country is growing, and a significant part of the demand remains unsatisfied.
The housing market in Sofia calmed down and became balanced. What will this mean for the coming year? That housing prices in Bulgaria have stabilized. Therefore, they are likely to remain unchanged for the next year or two.