Houses in Boyana. What are most buyers looking for?

Today's buyers have wide access to information, are well informed and do extensive research before making a purchase decision. They are aware of their requirements and preferences and choose a property that best suits their lifestyle. In recent years, people have focused on the safest investment of their savings, namely real estate. The most desirable properties are those that are luxurious, with modern architecture, but at the same time bring the feeling of comfort and coziness, like in a real home. We will tell you why you should go to houses in the Boyana district in the following lines.

Why is Boyana such a preferred neighborhood?

Boyana has been one of the most prestigious districts of the capital for decades. It is located in the suburban southern part of the city, nestled in the foothills of Vitosha Mountain. Its location is only 7 km from the center, it has quick access to major road arteries and access to it is perfectly secured in terms of infrastructure. Part of the advantages of the area are the clean mountain air, combined with a natural park environment, the silence, the tranquility and the wonderful panoramic view of Sofia. The area is preferred both by young people with a dynamic and hectic life, and by families with children and stable incomes. They provide both privacy and proximity to the city. For convenience and a comfortable life, schools and kindergartens, numerous shops, restaurants, public transport stops and others are located in the neighborhood. On weekends, residents can walk to Vitosha National Park, Boyanа waterfall and lake, Kopitoto, Boyanа church, various eco-trails. There are also many exclusive private estates and luxury residences, as well as gated complexes with apartments or houses.

What kind of houses are wanted?

Before moving into a new home, most buyers initially choose the area and the budget available to them. Then, according to the possibilities, they adapt to the supply and demand of the market. Boyana is one of the most desirable neighborhoods to live in for a number of reasons. Here, the rich portfolio of properties gives variety and freedom of choice for every taste. Both detached and terraced houses, part of a gated complex, are available. 24/7 security and access control are becoming increasingly important to buyers when it comes to security, safety and reliability. A flat yard is a logical prerequisite for building a swimming pool, a gazebo with a barbecue, a place for children to play, a dog house or a beautiful garden with an automated irrigation system. Exposure is also not less important - greater illumination of the house during the day is preferable to shady places, and in this regard, the exposure and location of the property is important, so that a view of the mountain or the city is provided. Some people are fond of single-story houses set on a large lot, while others choose houses of 2 or more stories, starting with a basement that houses the garage and storage rooms and/or gym, a ground floor that houses the kitchen and living room, and a first an above-ground floor where the bedrooms and living rooms are and/or an attic floor. The more floors the house has, the more options there are for architectural solutions, be it an extravagant staircase or an elevator. In practice, you have more options to unleash your creativity and imagination. Some head to a plot of land to model their new home, others choose unfurnished houses finished with plaster and stucco to create the interior design themselves, and others buy new construction luxury properties to simply move into and their lives to continue in the same way, but in a brand new location.

What are the average prices?

The luxury real estate market is dynamic, yet stable. Most of the people have the means to buy a new home, and a part of them are ready to take out a loan and cover it comfortably. Prices vary according to the area and availability of bedrooms, and can start from 300,000 euros and reach up to 1.5-2.5 million, as Unique Estates is reporting an average price in the area of around 800,000 euros. The so-called "smart homes" increase the value of the property, because of the high-tech functions and devices it has, for the benefit of the residents. Rising inflation has made buyers cautious and sellers and investors increasingly motivated. In the first half of 2023, the housing market in our country returns to the growth rates before the pandemic. The luxury segment remains the least affected by economic impacts and there is no lack of increased interest. Supply has slowed to some extent, but many new projects are being launched, with a comment in the price of high-end new construction possible between 3% and 6%. Properties in Boyana are highly profitable and are preferred both for residential needs and for investment. The price per sq.m. is different for each property depending on the location, distribution and availability of the property. On average, around 700 euros per sq.m. for properties with a spacious yard, as the price increases with the provided good access by asphalt road and if the house is independent and not regular.