Property Rental Rates Increased in Bulgaria
12.03.2007Rents in Sofia vary between EUR 4 to 10 per sq m a month with top offers up to EUR 15 to 16 per sq m a month.Average rental rates increased during the second half of 2006, following the growth in new construction deliveries, which brought more upper-middle and luxurious apartments to the rental market, Colliers International writes in their report on the residential property market in Bulgaria. In general, rents in Sofia vary between EUR 4 to 10 per sq m a month with top offers up to EUR 15 to 16 per sq m a month. Houses with 3 or 4 bedrooms and 250 to 450 sq m total build-up area are in highest demand and are offered between EUR 1,200 to 2,500 per month.
