Rental yields are moderate in Sofia, Bulgaria
|Last Updated: Sept. 23, 2019|
|SOFIA CENTRE||PRICE/SQ.M. (€)||YIELD (p.a.)||PRICE/SQ.FT. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|Doctor´s Garden apartments|
|Ivan Vazov apartments|
|SOFIA NEARBY SUBURBS|
|Belite Brezi apartments|
|Geo Milev apartments|
|BLACK SEA COAST|
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Imoti and Mirela Definitions: Data FAQ See also: Update Schedule
Sofia has moderate gross rental yields - i.e., the rental return on a property if fully rented out, before all expenses. Yields in the centre vary from around 4% to around 6.0 %.
Doctor´s Garden, Ivan Vazov, Iztok and Lozenets are among the most sought after addresses in the centre. Embassies, museums and universities are located here. These areas also have many parks and green spaces, making them popular with expats.
In the southern part of Sofia in Vitosha Mountain (or in the vicinity) are prestigious suburban neighborhoods like Boyana and Dragalevtsi.
For those who are really chasing yields, Studenski Grad apartments may be worth considering, with gross rental yields of 7% for the smaller sizes.
We aren´t able to provide yields in Bulgaria´s beach and ski areas, because rents in these areas are highly seasonal.
Transaction costs in Bulgaria are moderate, and more or less evenly split between buyer and seller. See our Round trip transaction costs on residertial property purchases in Bulgaria and Transaction costs in Bulgaria on residential property compared to the rest of Europe
Bulgaria - More data and information
- How expensive are houses in Bulgaria, compared to the rest of Europe?
- Property prices in Bulgaria. Graph of house price trends in Bulgaria
- How much rent can be earned from Bulgarian property, compared to the rest of Europe?
- How much tax must foreign owners pay when they rent out their Bulgarian property?
- Where to by property in Bulgaria