Property Near Bulgarias Capital A Really Good Investment

Property prices in Sofia continue to rise according to the latest imoti.net data.

For the last six months the price of a square metre has risen to nearly 600 euro. Among the most expensive suburbs are Ivan Vazov, Yavorov and the central parts of the city, Banker newspaper reported.

Brokers say offers lower than 400 euro a square metre have simply disappeared. Cheaper properties include those in Obelya, Tolstoi, Svoboda and Lyulin.

Interest in properties situated less than an hour away from Sofia city also rises, brokers say. These estates are cheaper,  less than 370 euro a sq m.

Among the most expensive towns in Sofia region is Samokov, due to its proximity to Borovetz ski resort. Koprivshtitza offers newly built houses in the traditional architectural style. Dolna Banya is another place attracting investors' interest. As a spa resort near Borovetz, it offers good opportunities for tourism.

Property prices in the regions mentioned vary from 300 to 700 euro a sq m, but brokers say that these cheap offers will not hold on for long and prices will inevitably rise. This makes buying an estate near Sofia in 2006 a really good investment, Banker newspaper reported.sofiaecho.com