REAL ESTATE MARKET IN SOFIA

Rental yield in Sofia have been improving and are fuelled by foreign corporate investment in the capital. Agents in the city have indicated that corporate lets and migrating Bulgarians from other parts of the country are boosting the rental demand, a trned set to continues as further investment is made in the city.  Agents have indicated that investors should expect a 6.5% rental yield. The legal and financial sectors in Bulgaria are becoming more established, offering improving mortgage vehicles and a stable purchasing structure. Typically, new build acquisition are funded by stage  payment. Sofia is home to 1.5 milion of Bulgaria`s 7.8 milion population. Due to the exceptional growth of the city, demand for housing is healthy.  The last years has seen capital appreciation averaging 22% per annum in Sofia, yet real estate prices are still among the lowest in Europe.

ADVANTAGES:

- Main commercial and business centre
- All Year Round letting Market
- Regional importance as a capital city
- Well established residential market
- Many infrastructure projects being performed or in pipeline – enlargements of roads, new highways and ring-road, etc.

SOFIA - the second oldest capital city in Europe

The second oldest capital city in Europe with ancient history going back to Roman times, when it was called Serdica, keeps outstanding archaeological, historical and cultural monuments created through the ages by Thracians, Romans, Byzantines, Slavs, Turks and Bulgarians.

Hram-pametnik Aleksander Nevski (St. Alexander Nevski Memorial Church), Tsurkva Sveta Sofia (Church of St. Sofia), Tsurkva Sveta Nedelya (Holy Sunday), Natsionalen Archeologicheski Musei (National Archaeological Museum) are the key attractions. The city centre boasts some of the finest historical architecture in Eastern Europe and such examples include the Sofia University and the old Dragalevtsi Monastery. Other significant attractions in Sofia are the city's vast array of galleries and museums such as the National History Museum which chronicles the history of the country, the Earth and Man Museum and the National Natural History Museum.

Other options are the Concert, Opera or Theatre Houses. Rock clubs or piano bars are also numerous. Disco fans will discover in Sofia fabulous dance and live music clubs. Night clubs have variety shows in the small hours. Sofia’s casinos don't close before dawn.

Except splendid colourful nature and versatile historian heritage, the city is a place of dynamic social and cultural life, entertaining possibilities and no boredom.

Most restaurants in Sofia serve Bulgarian and European cuisine.

A visit to a local tavern is highly recommended. Folk music, songs and dances are performed in addition to a menu of delicious typical Bulgarian dishes and selected wines.

• Location: Located in the Sofia Valley, in the West part of the country, the capital city of Bulgaria lies at the foot of the Vitosha and Lyulin Mountains. It is situated 427 km from Istanbul (Turkey) and 872 km from Athens (Greece).
  
• Transportation: All types of transport are used within the city. Variety of transport connections are available to every part of the country – air, bus, rail, minibus, taxi.
  
• Historical Heritage: Today’s modern capital comprises more than 250 historic, archeological and architectural landmarks. The remains of solid fortress walls and splendid palaces, mosaic in public baths or marble columns of administrative buildings are still part of the lively city.
  
  Business: Sofia is the business capital of Bulgaria, offering excellent opportunities for international congresses, symposia, meetings, conferences and fairs. Modern business centers and fashionable hotels are in proximity of the bustling city centre.
  
• Shopping in Sofia is a bargain deal. You’ll find extensive shining shops offering design clothes, small antique shops, private art galleries displaying icons, modern art and jewels, audio and music shops (CD, DVD). Shops for traditional crafts feast the eyes.
  
• Going out: Each night in Sofia is a thrilling experience.