High-end housing in Sofia consisted of 8 870 units as of 2018. The demand for these is still very high and 30% of the purchases are made for investment purposes.

In 2013, the average negotiated reduction of the listed price was 11%, while in 2018 the market saw discounts around 2%. 60% of all deals were made before the housing was completed. As of December 2018, 7% of the high-end listings were unoccupied.

Two-bedroom high-class apartments range from €145 000 to €180 000, while renting them costs between €950 and €1200 per month. Prices are expected to remain stable.

Source: Colliers International