Rental store
Insights into Sofia's Office Sector: Trends and Outlook
In the initial quarter of the year, the office market in Sofia maintains a relatively subdued pace. Occupancy rates linger around 15-16%, with finalized transactions declining by 10-15% compared to the same periods in the preceding years.
Short-term rentals beat hotels on beds
The government will adopt a wait-and-see attitude this year in order to assess the effects of the newly legislated framework on the short-term residential rental market.
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Car rentals heading for an all-time high
Short- and long-term car rentals are projected to record their best ever performance in Greece this year.
The industry could only benefit from the significant increase in tourism arrivals, the rise in car registrations and the continued demand also from individuals for long-term rental services (leasing).
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