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E710 per sq.m. on average for a property in Sofia

 26.08.2009


The average price for a property in Sofia is 710 Euros per sq.m. and the average price for a one bed apartment is 45 548 Euros. This are the results from Bulgarian property market research by MKB Unionbank.
 
Main part of the Bulgarian properties deals are made close to the building cost. The most preferred one bed apartments cost 487 Eur per sq.m. making the average price of 30 000 Euros.
 
Prices in Plovdiv are 598 Eur per sq.m., and with total value of the property just above 60sq.m. making the total price 36 826 Euros.
 
Sea side cities such as Burgas and Varna keep the average prices around and just above 600 Eur per sq.m.
 
During the month of July statistics have registered a small increase of just few Euros per square meter which is still a positive sign for the Bulgarian property market on the gloomy background of World financial crisis.
 
 
 
/Sourse: Novinite dnes/

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