Logo: Magnet Investments International


Logo: Garden City Sofia, Bulgaria

 

Investment

  • Sofia is the second least expensive city in Europe. The price per sq m is at least half that of Prague and Budapest. Property prices in Madrid and London are at least five times higher.

  • The unemployment rate in Bulgaria has dropped to 9.1% in January 2007 with unemployment in Sofia at just 3.4%.

  • Rental yields in Sofia are very attractive at 10 - 12%.

  • Interest rates are dropping in Bulgaria as competition intensifies with the 8 local mortgage providers. Another 29 EU-based lenders have notified the Bulgarian Central Bank of their intention to enter the market in 2007.