Friday, June 29th, 2007
Rents in Sofia are still low and are expected to increase gradually
Rent levels in Sofia are still low 
, on the average by 28 per cent, according to participants in an investor.bg poll. Nearly 15 per cent of those questioned said that rents were high at the moment and would register decrease. According to 10 per cent, rent levels have reached a peak and would grow no more.
Investor.bg reported that the results of the poll show that no predictions can be made concerning developments in the property rental sector in Sofia. Property agents said that some districts would experience price growth for specific types of residential property. Rents will increase in prestigious districts and in those experiencing market dynamics.
According to agents, the rental increase will vary from five to 10 per cent. Rental levels in Sofia are still much lower than those in other European capitals. As a result agents predict further growth in rents.
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