Analysis of Real Estate Trends in the Bulgarian Capital: Rising Rents, Declining Sales, and Contractual Rebates

Photo: Dimitar Kyosemarliev

The domestic security in the capital has restored the previous levels, but on the other hand, the congestion remains unusually large. This calls for an analysis of the group of real estate companies Realto Group, which includes the agencies “Adpec”, “Imoteĸa”, Unique States, New States, etc.

The increase in apartment rents is over 10% from the beginning of the year, so they are practically outpacing inflation, but the rate is higher than the rate. so, the eĸcpeptides begin. According to her, the reasons for people to choose to live under rent are the increase in property prices and the expected decrease in mortgage rates.

They expect the country to preserve the government’s accommodation and the low levels of unemployment in the coming months. It is against this background that the idea of ​​investing in the development of cgpads for the purpose of management also arises. “New points are constantly emerging, where a combination of early and long-term landlords can achieve a rental yield of between 3 and 5%,” the authors write. of analysis. Many Bulgarians living in the village take advantage of this opportunity.

While the rental property is on the rise, the business for housing in the capital is on the decline. B leaves of the agencies of the Real Groer inquiries ca c 30% less. The number of closed deals is lower – by 15%, “because the buyers are more motivated”.

“The ice stopped at the beginning of the year, in the warm weather the prices started to fall smoothly again. The behavior of the people also changed, as the total percentage of the soil It is not comparable to inflation,” commented Becela Ilieva, who is the head of the United States.

The increase in prices is not noticeable in the quarters without new construction, while where there are points of high quality, the intelligence is magnified. However, we are talking about no more than 100 euros per square meter, which is “the changes in the statistics of the debt”, writes money.bg.

In many of the most expensive quarters, there is even a slight drop (prices in Europe per square meter): for example, for 2022, the price in Vitosha quarter – 1830, and for 2023 – 1800 euros. A decrease of -1.64% is reported. For 2022 in Doĸtopcĸa gpadina – 3986 euros was the price, for 2023 – 3950 euros, the decrease was -0.90%.

For the first time, more than 50% of the deals are contractual rebates, which are up to 5% of the initially announced price.

About 54-55% of the loans are externally financed, which is why the amount of pre-paid loans increased by about 20 per cent over the year. The share moves in the memory at 30%.

In the male segment, which is less affected by the economic processes, 65% of the deals are personal goods.