For sellers

New Estate has released a new Sofia lettings market report which analyzes the trends of the market for the last quarter of 2011 and the beginning of 2012

22 November 11

Sofia Lettings Market Report 2012

Through the course of 2011 we have witnessed a welcomed stabilisation in the lettings market, a return to more regular market forces and a healthier consistency in the rental rates. Although most owners still find returns disappointing it is clear to us that the rates have stopped falling for a variety of reasons, indeed in some areas we have seen gratifying and long awaited increases.  This article considers the recent shifts and trends in the Sofia lettings market, the effect of migration and population changes, recent occupancy rates, the benefits of basic furnishing to cater for the current demand, why tenants rent instead of buy and all the key impacts these factors have upon foreign landlords.

The full article is available here