Hunt For Off Plan Property in Bulgaria - Off Plan Houses in Bulgaria
The trend, registered by the Off Plan Property in Bulgaria agents, for an uplift of the client activity in August and September remained for the whole October and kept on gaining momentum in the first days of November. Now the clients' preferences lead to shrinking supply volumes in the most coveted Off Plan Property in Bulgaria market segment, the new Off Plan Houses in Bulgaria .
Currently in one of the capital city neighborhoods with active Off Plan Property in Bulgaria - new development with Off Plan Houses in Bulgaria for the last years, Lozenets, the supply of new Off Plan Houses in Bulgaria dwindled between twice and three times compared to the first half of the year. The prices of Off Plan Properties in Bulgaria - new apartments under construction vary from EUR 582 per sq m to EUR 1,637 per sq m. In the upper end there is a four-room apartment of 263 sq m in a building under construction in the area of Kempinski hotel Zografski. It will be delivered turnkey in mid-2007. In the same building there is another four-room apartment for sale for a price of EUR 1,495 per sq m.
In neighborhoods like Lyulin and Mladost, where the activity of developers is high as well, the general supply is of Off Plan Houses in Bulgaria to be completed towards the end of 2007 or the first months of 2008. The small quantity of apartments - Off Plan Properties in Bulgaria , which are currently on the Off Plan Property in Bulgaria market at an advanced construction stage, keeps prices of up to 60 per cent higher than those of the Off Plan Houses in Bulgaria under construction at earlier phases. For as much as EUR 770 per sq m in Mladost 1 there is an apartment of 78 sq m for sale with a pending certificate for end of building works, located near a future subway station. At the same time, in the area there is supply of Off Plan Properties in Bulgaria - apartments of similar size due for delivery in May 2008 at prices of EUR 550 and 580 per sq. m.
|