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Plovdiv property prices to add 15 per cent in 2008

15.03.2008

The city of Plovdiv now covers second place in terms of the number of real estate deals, according to a chart compiled by the Varna. The number of deal in Bulgaria's second largest city reached 20 000, versus 18 000 in Varna, where the market is considered much more dynamic and the number of deals is normally above the country's average.
The combined area of transacted real estates in Plovdiv topped 100 000 sq m. That figure is expected to double in 2008, Dnevnik daily reported on March 14.
Plovdiv also outpaced all other big cities in terms of downtown real estate prices with a 61 per cent increase last year. Rent rates in the city rose 18 per cent on average versus five per cent for Sofia and Varna.
Plovdiv office real estate prices added 32.2 per cent in 2007, which compares with 28 per cent for Sofia. Around 55 000 sq m of retail space was placed on the Plovdiv market last year with another 300 000 sq m scheduled for delivery this year.


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The first thing I want to say is, thank you Kiki for all you have done. The first time we spoke to Kiki we felt right at ease. Because we didn' t know how or when we were going to be in Bulgaria we didn't let her know. So when we got there we contacted Kiki. Because we were only there for a week we didn't have much time. She immediatly made sure we could visit a house the same day. She called us crazy because it was 400 km from varna were we stayed. But we went. She could not be there with us because it was such short notice, but the next day she was. Kiki cleared her calender to make sure we could look at some other houses with her. Besides the fact she showed us some good houses we also had a lot of fun. When we went to see the last one it was bingo. So we would buy the house. Kiki made sure a paper work was oke before we left back to Belgium. Now not even a month later we can call ourselfes the proud owners of a house in Bulgaria. What Kiki did for us was amazing. Everything went smoothly without any problems. She is a hardworking woman,(sometimes to hard working), she makes sure everything goes smoothly. And besides that she is a great person. We know we have a new friend for life. When we buy our next house it will be with Kiki. So again Kiki thank you, you are amazing

— Bart en Annick, Belgie