All the economic, political and social changes happening in the world in the last year have an impact on different industries and many business sectors. Real estate is no exception. Today, buyers are much more demanding, sellers are more moderate, and investors are more cautious than ever in their decisions. One thing is certain - everyone strives for the best. And one of the most important factors when it comes to real estate, for decades now, remains the location.
The luxury real estate market in Sofia is marking an exceptional year, both in terms of demand and in terms of prices. Analysis by Unique Estates shows a 15% increase in high-end apartment prices and over 70% more sales compared to last year. Demand remains active, both for new construction properties in the rapidly developing southern areas and for high-end housing in well-maintained buildings in the central part of the city. The increased demand for luxury properties corresponds with favorable conditions in the housing market in general over the past year, dictated by unprecedented low interest rates, rising inflation and good opportunities to invest savings. We present to you a special selection of the neighborhoods that are most preferred among market participants at the moment.
The area is located on the hill, south of the old center of Sofia and reaches the northern slopes of the Vitosha mountain. Its territory is large and the district is divided into Upper and Lower Lozenets. It borders main boulevards in the capital, and at the end of the last century it was home to famous intellectuals - journalists, writers, artists, artists, doctors and soldiers. The neighborhood epitomizes romanticism with its iconic places, cafes, restaurants and alleys. Old and new construction are in almost equal proportion, due to the continuous construction of new buildings, dynamically developing culture and improved infrastructure. The area is known as the "Green Pearl" of Sofia and is among the most prestigious and desirable places to live in the city.
Take a look at new construction offers in Lozenets HERE.
Check out other offers in the area HERE.
Boyana is one of the most elite neighborhoods in the suburban southern part of Sofia, located at the foot of Vitosha. Access to it is perfectly secured in terms of infrastructure. Undisputed advantages of the location of the neighborhood are the clean mountain air, combined with a natural park environment, silence, tranquility and a wonderful panoramic view of Sofia. Those who live here on weekends regularly enjoy walks in Vitosha National Park, Boyana Waterfall and lake, eco-trails of varying difficulty. The neighborhood is the choice of many young people with high incomes, a modern lifestyle and a hectic everyday life. For families, there are schools and kindergartens nearby, as well as public transport.
Take a look at new construction offers in Boyana HERE.
Check out other offers in the area HERE.
Vitosha is among the rapidly developing neighborhoods of Sofia, preferred because of the tranquility, silence and greenery around. Only 2 minutes away by car is one of the largest shopping centers in the city, as well as a metro station. The location allows wonderful views of the capital and the mountains, and the residents enjoy modern buildings that meet all the requirements for convenience and comfort, built according to new standards and materials of the highest class. The neighborhood is surrounded by the Ring Road, Simeonovsko Shosse Blvd. and the Metropolitan Zoo, as well as among a number of convenient communications.
Take a look at new construction offers in Vitosha HERE.
Check out other offers in the area HERE.
Downtown is definitely not what it used to be. If you think that all the buildings here are old and dilapidated - you are wrong! The area is indeed dominated by houses, buildings and housing cooperatives that were built in the beginning or middle of the last century, but today they look different. Their authentic appearance and architecture have been preserved, which carry the spirit of Old Sofia, the aristocracy and the bourgeoisie of the people who lived here, but today the buildings have been restored and modernized to meet the expectations of the new generation of owners. Buyers are attracted by numerous advantages – everything is close and they don't even need to worry about where they will park their car. Many parks and gardens, tourist attractions and local attractions are available. In the center are the most preferred cafes, delicious bakeries, pastry shops, outdoor and indoor restaurants - from afternoon brunch to night bar. From an administrative point of view, everything is very close - you can easily use your lunch break to stop by an institution and do some other duty. The center is already a very broad concept and covers dozens of streets and boulevards where there are well-maintained buildings in a location that undoubtedly provides everything you need for your lifestyle.
Take a look at new construction offers in the Downtown HERE.
Check out other offers in the area HERE.
Manastirski Livadi is one of the most promising and well-documented neighborhoods of the capital. An important advantage of the area is the quick connection to the center via Bulgaria Blvd., as well as the calmness and clean air of Vitosha. The name of the neighborhood comes from the area, which years ago was occupied by meadows, in the past owned by the Dragalevski Monastery. The district is large and is divided into two parts - eastern and western. Many residential buildings and gated complexes are located here with a wide selection of two-bedroom, three-bedroom and multi-room apartments, as well as penthouses. More and more office buildings and centers are being built because businesses find the location attractive and convenient for customers and visitors, as well as more affordable financially. The demand for properties in the southern parts of Sofia continues along with the unabated investor interest in these areas. The new pleasant and peaceful residential area will continue to develop, supported by the municipality's aspiration and invested resources to become a neighborhood with a quality and affordable urban environment.
View offers in Manastirski livadi-east HERE.
View offers in Manastirski Livadi-zapad HERE.