Prices of residential apartments in Sofia have reached the record-high BGN 1285,2 per square meter in the last quarter of 2005, data of the National Statistical Institute shows. The average rise in apartment prices countrywide over the last year is 36,6 %, the National Statistical Institute says. Since the beginning of October till the end of the year prices of Sofia apartments marked an increase of BGN 28,4 per square meter. Prices levels, achieved in the residential market in Sofia, remained the highest in the country.
The average price levels of apartments on the middle market in Sofia stood at BGN 1222,4 per square meter in 2005. This marks an increase of over BGN 205 per square meter as compared to 2004 levels, when they reached BGN 1017,1. Last year data confirms the trends so far - the capital Sofia, Varna and Burgas along the Black Sea see the most brisk demand and prices exceed BGN 1000 per square meter.