Cheap or affordable? The price of the office space in Bulgaria attracts foreign investors

The average price of office space in Bulgaria is among the most affordable compared to the numbers in other countries. The opportunity to invest in a working dwelling in Sofia, Plovdiv, and Varna occurs to be better than most of the European cities in terms of expenses. A recent research by the leading company on real estate market Cushman & Wakefield conducted in 58 countries in the world shows that those three Bulgarian cities inhabited by more 1/3 of the nation’s population could be found on the bottom of the table of the most expensive areas in the world.

But looking at the data from the opposite perspective Bulgaria occurs to be a leader in the ranking of future prospects – cheap in a good way. The fact that the office space in Bulgaria costs a lot less than in France, Germany or Japan will hardly surprise anybody but would play the role of a magnet for many enterprises searching for a place to expand their businesses. Varna is the city offering most favorable conditions – 212th in the list of the most expensive or 4th if the ranking is turned upside down. Plovdiv ranks 209th – or is in the top 10 of the world. Even Sofia which doubles the expenses compared to the other two Bulgarian cities in the research – 2715 US dollars on working place per person, barely makes it to the Top 200 and stands miles away from the leaders at 195th position.

The affordability of the office space in Bulgaria is one of the main reason for the growing number of foreign companies to transfer their activity here. Sofia still has to beat the competition among other Eastern European capitals to attract the investors. Cushman & Wakefield Forton is ready to support every decent enterprise coming from abroad and looking for an area to make business in Bulgaria.