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About Sofia

‘Outperforming competing emerging markets such as Prague or Bucharest, Bulgaria’s capital city Sofia has become an investor’s dream’

Over the last 5 years, capital cities in Eastern Europe have repeatedly witnessed staggering price rises after EU accession. Sofia, Bulgaria's capital, is the new kid on the block, with statistics backing the city as an up and coming investment opportunity, competing with the likes of Prague, Bucharest and Budapest.

Invest in Sofia, Bulgaria and you can benefit from surging rental yields and rising property prices:

The capital of Bulgaria lies at the foot of the Vitosha and Lyulin Mountains. It is the centre of the country's political, business and cultural life.

With EU accession confirmed on 1st January 2007, Sofia real estate is now in a unique position to capitalise on the increased funding and foreign direct investment that will flow into the economy. Sofia has witnessed a significant influx of diplomatic staff and multinational companies, boosting the local economy, creating jobs and increasing the demand for commercial and residential property.

€6 billion (£4B) of EU funding is to be dedicated to improving the country’s infrastructure, with Sofia the main beneficiary. Sofia airport has recently undergone major redevelopment as part of a €110 million (£73 million) expansion program. The Sofia metro is being extended from eight stations with 10km of track, to 48 stations covering an area of 54km, intended to handle a daily capacity of over 1 million passengers.

On the 1st January 2007 Bulgarian corporation tax was lowered to 10%, which along with Cyprus is the lowest in Europe. Favourable taxation, low labour costs, a well educated workforce and the lowest operational costs in Europe make Sofia an attractive destination for new business.

In the past few years a number of global brands including Cisco Systems, Microsoft, Google, BMW and Hewlett Packard have opened offices in Sofia. The billions of Euros committed to the development of the capital’s infrastructure will further boost the attractiveness of Sofia to local, national and international companies.