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Rental prices highest in Varna


varnaRental prices in the city of Varna were the highest in the country, local Narodno Delo daily reported on May 26 2008.
According to the paper, luxury apartments registered the highest rose, 22.1 %, compared to May 2007. Rents of unfurnished housing went up by 19 %, while furnished ones rose by 17 %.
Two-bedroom apartments were the preferred choice of customers, Narodno Delo announced. Currently the renting price of two-bedroom apartments in the city's downtown area around the Red square started from 300 euro a month.
In the more distant boroughs, such as Mladost and Vuzrazhdane, the price was about 250 euro a month.
The rental price of a newly-built house of 250 sq. m in the city's seaside vacation community of Trakata was about 2500 euro a month, the paper reported. A floor of such a house could be rented at 1700 euro a month.   
The average time line of a renting contract for a two-bedroom apartment was about a year, while houses in Trakata were usually rented for the summer season, real estate brokers announced the paper.




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