Most expensive Sofia apartment sold for EUR 500,000

The real estate market at present

This year's most expensive flat in Bulgaria so far was sold for BGN 1 million (ca EUR 500,000). The property in question is a 320 square meters apartment in downtown Sofia.

On the other hand, the new owner of this year's most expensive real estate in Bulgaria, a 420 square meters house in Sozopol, is Russian. He bought the private residence at the beach for BGN 1.8 million. This property also includes a garden of 1.2 acres.

In addition to housing luxury bedrooms, living rooms, kitchens and utility rooms, a mini spa and a fitness center, the luxury house also has an outdoor pool for the comfort of its owners and visitors. The price of the residence also included the luxury furniture and three garages, sources informed Standart.

Russian citizens are the most popular buyers of holiday homes in the country, brokers say. There is a serious difference between them and British buyers who are seeking to buy homes in the country in order to sell them later for more money and to live from the price difference until the end of their lives. Russian clients are rather looking for apartments or houses for their own use. While the Russians are focusing on the sea resorts, mountain houses are becoming increasingly popular among the local Bulgarians.

Source: http://www.standartnews.com

(08.08.2013)