New interest in business properties in Bulgaria
The real estate market until 2008 was more than active but a stagnation followed later. Nowadays, the property investment account on a huge growth again as business properties turned out to be the most attractive and demanded ones. In the field of the business properties, investments contributed to profits up to 9% even with high risks. In 2013, the European investments in business properties account on a growth of 30%. Commercial areas of big and liquid markets are especially demanded. This trend is typical for Eastern Europe as the largest investment share is held by Poland, Romania and Bulgaria (up to 80 %). Bulgaria has attracted 23 millions of investments in the field of the business properties which turned out to be very lucrative. Despite the financial crisis, the number of the business buildings in the Bulgarian capital city of Sofia has doubled.
Thus, Sofia disposed of high-standard office areas comprising 1,7 millions sq.m in 2013. In 2014, however, Sofia has commercial areas covering 735 000 sq.m. One of the most attractive property deals is the building of commercial areas for rent. The most expensive rents for commercial properties in Sofia are now 12 EUR per square meter. As far as net profits are concerned, the Bulgarian real estate market is very attractive and advantageous.
The first thing I want to say is, thank you Kiki for all you have done. The first time we spoke to Kiki we felt right at ease. Because we didn' t know how or when we were going to be in Bulgaria we didn't let her know. So when we got there we contacted Kiki. Because we were only there for a week we didn't have much time. She immediatly made sure we could visit a house the same day. She called us crazy because it was 400 km from varna were we stayed. But we went. She could not be there with us because it was such short notice, but the next day she was. Kiki cleared her calender to make sure we could look at some other houses with her. Besides the fact she showed us some good houses we also had a lot of fun. When we went to see the last one it was bingo. So we would buy the house. Kiki made sure a paper work was oke before we left back to Belgium. Now not even a month later we can call ourselfes the proud owners of a house in Bulgaria. What Kiki did for us was amazing. Everything went smoothly without any problems. She is a hardworking woman,(sometimes to hard working), she makes sure everything goes smoothly. And besides that she is a great person. We know we have a new friend for life. When we buy our next house it will be with Kiki. So again Kiki thank you, you are amazing
— Bart en Annick, Belgie