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Sofia maisonette sells at EUR 1 698 000

Date: 13.11.2007

A luxurious property in one of Sofia most expensive residential districts has been offered for sale at the whopping price of EUR 1 698 000, according to reports.

The maisonette in Iztok (East) district, covering a floorage of 416m2, commanded a price of EUR 4081/m2, which is record-high for this part of the capital.

Experts commented that the deal is indicative of a sustainable trend and pointed out that these are asking price levels.

A deal near the Tsar Osvoboditel monument in downtown Sofia set another precedent on Sofia property market at the end of last year after a flat of 285 m2 was put for sale at the shocking asking price of EUR 1 M.

At the end of August this year a luxurious flat, facing one of the prettiest churches in Sofia - the Russian Church of St. Nikolay, was sold at the record-high price of EUR 6316/m2.

Unconfirmed information says the property in Iztok district was owned by underworld boss Georgi Iliev, who was shot dead in August 2005.

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