Commercial Property Investment In Bulgaria

May have seemed an unlikely prospect just ten years ago, but the rapid development of the country's economic foundations has led to a booming business centre in the capital city.

Vacancy rates for Class A and Class B offices in Sofia fell in the second half of last year, as the demand for business premises began to climb. It is generally accepted that it will take EU accession for Sofia to cement its place as a key European business capital, but there are clearly already signs of growth in the sector.

The offshoring of activities to Bulgaria has had a considerable effect on demand for office space and it is thought it will continue to do so in future years. The Economic Policy Institute has suggested that industries such as software are particularly likely to see offshoring and it seems Bulgaria is one of the key bases for such business strategies.lemontreevillas.com