INVESTMENT APPEAL OF RESIDENTIAL REAL ESTATE PROPERTY IN THE CITY OF SOFIA
Nikolay Stoenchev and
Yana Hrischeva
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Nikolay Stoenchev: University of Forestry, Bulgaria
Yana Hrischeva: UNWE
Electronic magazine "Dialogue", 2019, issue 1 Year 2019, 1-23
Abstract:
The current study is focused on the residential real estate property market in the city of Sofia. It examines different options for assessment of investment return on three of the most widespread types of residential housing property – studios, one-bedroom and two-bedroom flats – by residential district in the city of Sofia. A comparative static analysis has been performed according to housing location as well as a dynamic analysis in relation to a past period. For the groups of the most appealing locations, graphs have been plotted of investment return dynamics per month, for a one-year period, which reveal the seasonal character of the changes in the indicator examined. The most recent mass data are used, meeting the requirements for calculating reliable unifying characteristics. Major priorities and objective laws have been worked out, benefiting both theory and practice.
Keywords: residential real estate property; investments; return (search for similar items in EconPapers)
JEL-codes: C14 G11 R3 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:dat:dialog:y:2019:i:1:p:1-23
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