Sofia offices are the cheapest in Europe

Mina Boycheva 20/06/2013

The offices for rent in Sofia, as well as the offices for sale in Sofia are among the cheapest on the old continent. The average rent per square meter per month for the offices of the highest class A is approximately 9 Euros / sq.m. At the same time, the office for rent in the neighboring capitals of Belgrade, Budapest and Tirana are around 15 Euro/ sq.m. The offices in Bratislava could be rented for 11 Euros per sq.m. and those in the cities of Athens and Zagreb are available for rent for 12 Euros per sq.m. A contrast could be made with the rental levels for the offices in Paris for example reach 57 Euros / sq.m. and these are the most expensive rentals of offices. The rental levels of Paris offices are followed by the ones of London office premises.

The low rental levels of Sofia offices and the affordable sales of the offices in Sofia are among the reasons why so many foreign companies show interest in the Bulgarian capital. These international companies are outsourcing their business towards Sofia or are looking to position their production in or near Sofia, where they can find well-educated professional managers. The foreign companies like Sofia as an outsourcing destination for yet another reason – the low wages paid in the country.

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