« Home | Residential Property Prices In Bulgaria up Nearly ... » | Over 29% of Bulgaria's Property Deals Involve Fore... » | Office Property Market in Bulgaria to Continue Gro... » | Russian Property Investor enters Bulgaria's Proper... » | Bansko-Good Snow, Nice People and Cheap Beer » | HIstory of Bansko in Bulgaria (video from YouTube)... » | Bansko Is the Most Expensive Territory in Bulgaria... » | EU intro to boost Eastern Europe markets » | UK-listed developer confident in Bulgaria » | Cheap Bulgarian Property Tempts the Russian Buyer » 

Friday, June 22, 2007 

Industrial Property Market in Bulgaria Underdeveloped- report

Industrial property market in Bulgaria is poorly developed as property supply meets 60 per cent of demand.

Most warehouses, production facilities and logistics centres offered on the market are old and in bad condition while prices fail complying with market criteria, Pari daily reported.

Monthly warehouse rent in Sofia vary between 3.5 euro and 4.5 euro per sq m and sales prices between 450 euro and 500 euro per sq m.

The report said that a good opportunity for long-term renting is municipal property due to low prices. Such properties require sufficient amount of initial investment in repair works and reconstruction as the buildings are usually old and in bad condition.

Source: Sofia Echo

Bulgarian Real Estate Blog

Welcome to the Bulgarian Real Estate Blog, offering the latest information on the rapidly growing Bulgarian property sector for international investors

email us 

RSS & email Newletter Subscriptions

My Yahoo

Subcribe now to our weekly email newsletter

Your email address:

Powered by FeedBlitz



Bulgaria Online Resources

Overseas Property Blogs

Overseas Property Legal Advice

Online News Resources for International Property

International Real Estate Directories

Foreign Exchange Providers

Overseas Property Finance

International Property Portals

Overseas Property Online Resources

International Property Agents


Powered by Blogger
and Blogger Templates