The cheap Sofia offices

Sofia ranks third in the world as far as cheap offices are concerned. The average rental for an office in the center of Sofia was 14.75 Euro per sq.m a month in 2012. Lower rental levels of offices are available only in the town of Kito in Ecuador and in the city of Sandan in the South African Republic. The data was collected and analyzed by the consulting company “Cushman and Wakefield”. The lower rental levels of Sofia offices led to the decrease in their overall value. At the same time however the local and international business companies have a good choice of high-quality offices at reasonable and affordable prices. That fact made Sofia one of the preferred places for making business and investments in Eastern Europe. The country has attracted the interest of the companies in the outsourcing industry. This is so, as the country could offer excellent services and production and low expenses for rental, taxes and labor.

The only capitals that can rival Sofia in terms of affordable offices are the Riga with its 16 Euro/sq.m. and Tallin with its 17 Euro/sq.m. At the same time, the average rental price of the offices in Bucharest is 28 Euro/sq.m and 18 Euro/sq.m. in Belgrade. However, the cheap and good offices in Sofia are not the only thing that attracts the foreign companies. The country has highly qualified people, stable micro economy and political situation.