|
|
Winds of Change in Sofia`s Rental Market
|
Sofia’s apartment rental market is in the throes of transition. The world’s economic crisis has reduced Sofia’s expatriate population, with numbers falling from 2008 when 12,000 expatriates lived here.
“Today we estimate the true figure is around 7,500”, says Vesey Crichton. “Surprisingly, though, Cleves occupancy is still very healthy, with 87% of our units taken.”
Cleves, which is building a portfolio of 140 up-market rental apartments across Sofia, says the profile of its tenants has remained broadly consistent - with bankers, diplomats and multi-nationals heading the list.
“Expatriates from Greece, UK and Germany still feature strongly. But the big change over the past 18 months has been a rise in the number of Bulgarians choosing to rent.”
Crichton says customers’ priorities remain much the same, with issues like location, price, parking and security still on most peoples’ lists.
“But these days there are two additional requirements that we see more often. People are much more design-conscious – they want a thoughtful layout, stylish furnishing, and creative lighting. Secondly, more customers demand professional support – a landlord able to provide proper service and back-up.”
Cleves is sanguine about the downturn.
“It is true that the market has reduced in size. But at the same time the flow of new luxury projects has slowed, so there are still very few top-quality rental portfolios in Sofia to choose from.”
The proof of the pudding is in the eating, he says.
“We’ll be launching a new project in Oborishte soon. Normally tenants don’t consider renting until after the launch. But with a month still to go, already 25% of these units are taken.”
|
|
all news >>
|
 |
|
 |
Bulgarian Properties |
Cheap Properties in Bulgaria >>
|
 |
A new house for a new home – My Bulgarian Property – RUS6030
Brief: Houses for sale near Ruse
Area: 105 sq.m.
Price: 18300 EUR
|
|
|
 |
Choose you way of living – Property in Bulgaria - RUS1515
Brief: Houses for sale near Ruse
Area: 90 sq.m.
Price: 17900 EUR
|
|
|
 |
Danube Industrial Investments – My Bulgarian Property – UN1204
Brief: Land for sale in Ruse
Area: 8115 sq.m.
Price: 333000 EUR
|
|
|
 |
Where the sea starts from your window - Bulgarian Property near Cape Kaliakra - RUS1960
Brief: Land for sale near Balchik
Area: 12900 sq.m.
Price: 580500 EUR
|
|
|
 |
A lovely house near Ruse – My Bulgarian Property – RBP27
Brief: Houses for sale near Ruse
Area: 130 sq.m.
Price: 11900 EUR
|
|
|
 |
Rest or invest - My Bulgarian Property - RUS1261
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 39100 EUR
|
|
|
 |
Sea Pearl – Bulgarian Property - RUS 1269A
Brief: Houses for sale near Varna
Area: 154 sq.m.
Price: 181200 EUR
|
|
|
 |
Bulgarian Property - A perfect combination of property and nature – OFFER1101
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 23900 EUR
|
|
|
 |
House near an ancient Rock Monastery - Buy Property in Bulgaria - RUS1208
Brief: Houses for sale near Ruse
Area: 130 sq.m.
Price: 35900 EUR
|
|
|
 |
Can you believe it? – Bulgarian Property - RUS1529
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 10300 EUR
|
|
|
 |
ALL in ONE ! – RUS1519
Brief: Houses for sale near Ruse
Area: 130 sq.m.
Price: 36000 EUR
|
|
|
 |
Another rural perl near Srebarna National Reseve - VUS1206
Brief: Houses for sale near Silistra
Area: 75 sq.m.
Price: 16000 EUR
|
|
|
 |
Small house with a big heart – RUS1521
Brief: Houses for sale near Ruse
Area: 70 sq.m.
Price: 12000 EUR
|
|
|
 |
Enjoy wonderful life in Ruse- RUS1298
Brief: Large apartments for sale in Ruse
Area: 90 sq.m.
Price: 72000 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
