Serious Demand for Luxurious Sofia Offices

The increased demand for quality offices in Sofia will lead to increase in the rental levels of these offices, according to the reputable real estate agents in Bulgaria. This will further increase the difference between the rental levels of the offices of class B and those of class A. The prognoses are for further reduction of the percentage of available office premises in Sofia. The experts believe that the completion of the first and second stage of the metro lines in Sofia, the interest towards the business centers around Cherni Vrah Blvd. and the Business Park in Sofia will increase.

As a rule, all large companies that are outsourcing their business in Bulgaria have interest towards the office buildings of the highest segment. That is so since these offices have high energy efficiency, retail zone, sport centers nearby, etc. In 2014 and in the first half of 2015, there was a demand for spacious offices of more than 500 sq.m. and towards offices of more than 1000 sq.m. These premises are in the focus of the IT companies. The top center of the Bulgarian capital is not among the most sought after office locations in Sofia due to the high taxes, the limited parking hours and the lack of large office premises. At the same time, there is interest towards the business areas near the ring road where the rental levels are lower and the parking is not an issue.