Summary about cost of living in Sofia, Bulgaria:
Restaurants | |
Range |
---|---|---|
Meal, Inexpensive Restaurant | 12.00 лв | |
Meal for 2 People, Mid-range Restaurant, Three-course | 60.00 лв | |
McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 лв | |
Domestic Beer (1 pint draught) | 3.00 лв | |
Imported Beer (12 oz small bottle) | 3.50 лв | |
Cappuccino (regular) | 2.62 лв | |
Coke/Pepsi (12 oz small bottle) | 1.83 лв | |
Water (12 oz small bottle) | 1.23 лв | |
Markets | |
|
Milk (regular), (1 gallon) | 8.01 лв | |
Loaf of Fresh White Bread (1 lb) | 1.12 лв | |
Rice (white), (1 lb) | 1.13 лв | |
Eggs (regular) (12) | 3.24 лв | |
Local Cheese (1 lb) | 5.07 лв | |
Chicken Fillets (1 lb) | 4.52 лв | |
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.11 лв | |
Apples (1 lb) | 1.10 лв | |
Banana (1 lb) | 1.21 лв | |
Oranges (1 lb) | 1.16 лв | |
Tomato (1 lb) | 1.34 лв | |
Potato (1 lb) | 0.57 лв | |
Onion (1 lb) | 0.53 лв | |
Lettuce (1 head) | 1.17 лв | |
Water (1.5 liter bottle) | 0.99 лв | |
Bottle of Wine (Mid-Range) | 10.00 лв | |
Domestic Beer (0.5 liter bottle) | 1.32 лв | |
Imported Beer (12 oz small bottle) | 2.48 лв | |
Cigarettes 20 Pack (Marlboro) | 6.00 лв | |
Transportation | |
|
One-way Ticket (Local Transport) | 1.60 лв | |
Monthly Pass (Regular Price) | 50.00 лв | |
Taxi Start (Normal Tariff) | 0.90 лв | |
Taxi 1 mile (Normal Tariff) | 1.29 лв | |
Taxi 1hour Waiting (Normal Tariff) | 13.20 лв | |
Gasoline (1 gallon) | 7.09 лв | |
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 40,000.00 лв | |
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 39,495.54 лв | |
Utilities (Monthly) | |
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 205.15 лв | |
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.30 лв | |
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 21.62 лв | |
Sports And Leisure | |
|
Fitness Club, Monthly Fee for 1 Adult | 46.40 лв | |
Tennis Court Rent (1 Hour on Weekend) | 28.83 лв | |
Cinema, International Release, 1 Seat | 12.00 лв | |
Childcare | |
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 728.11 лв | |
International Primary School, Yearly for 1 Child | 9,657.69 лв | |
Clothing And Shoes | |
|
1 Pair of Jeans (Levis 501 Or Similar) | 100.62 лв | |
1 Summer Dress in a Chain Store (Zara, H&M, ...) | 56.42 лв | |
1 Pair of Nike Running Shoes (Mid-Range) | 138.15 лв | |
1 Pair of Men Leather Business Shoes | 140.04 лв | |
Rent Per Month | |
|
Apartment (1 bedroom) in City Centre | 722.28 лв | |
Apartment (1 bedroom) Outside of Centre | 540.74 лв | |
Apartment (3 bedrooms) in City Centre | 1,365.22 лв | |
Apartment (3 bedrooms) Outside of Centre | 967.04 лв | |
Buy Apartment Price | |
|
Price per Square Feet to Buy Apartment in City Centre | 306.09 лв | |
Price per Square Feet to Buy Apartment Outside of Centre | 196.67 лв | |
Salaries And Financing | |
|
Average Monthly Net Salary (After Tax) | 1,361.77 лв | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.47 |
Would you like to live and work in Sofia?
Cost of Living in Dupnica | 40.45 miles |
Cost of Living in Blagoevgrad | 60.12 miles |
Cost of Living in Plovdiv | 89.49 miles |
Cost of Living in Pleven | 102.21 miles |
Cost of Living in Veliko Tarnovo | 138.42 miles |
Cost of Living in Vidin | 155.77 miles |
Cost of Living in Sliven | 185.51 miles |
Cost of Living in Ruse | 193.95 miles |
Cost of Living in Jambol | 197.28 miles |
DeutschLebenshaltungskosten in Sofia
PortuguêsCusto de Vida em Sófia
ItalianoCosto della Vita a Sofia
FrançaisCoût de la Vie à Sofia
EspañolCosto de Vida en Sofía
Local cheese for 5 Euro/kg? This used to be 15 years ago. Currently, be ready to pay 10-12 Euro.
Price per Square Meter to Buy Apartment: If you want a good location, 2000 Euro is the minimum.
Same for most of the other prices.
Numbeo figures are totally wrong.
The Dutch and Belgium companies don't pay much. In fact you will belong to the lower class with a salary of only 1200 euro. They say you earn much here, but the reality is very different. People drive a lot of AMG's here. Also a car electronics and everything else cost almost the same as in The NEtherlands, except for food, because it is a big agricultural country off course.
By comfortable I just mean being able to rent a decent apartment and eat, not a lot of unnecessary expenses.
You would be able to afford luxury with that income. A large flat in the center or house in the suburbs. Nothing under 100 square meters. Best childcare. I am not sure how it will match the child's language development.
I assume that you drive and have at least 1 car, so go for the suburbs. Less traffic, fewer people, more space. For 1500-2500 Euros you can get 200-400 square meters house. Please account for an additional expenses for a good lawyer and a security company (especially since you are going for business purposes). A relocation company is also an option, I still know the only the "consumer" market. They might offer a higher quality property that I can't even find.
After rent you are left with enough money to eat every meal in a high class restaurant, your child included :D.
Also change currency to euros always and see salaries between Sofia and other west EU capitals. If salary for example is +260% bigger than in Sofia then compare everything, like food, clothes, rent, and everything basic to exist (bills - electricity, water etc.), and if it doesn't exceed the +260% then make the assumption for yourself.
Every essay written here by the blinded population that "used to" or still "live" in Bulgaria, trying to justify how we have a perfect quality of life and how "it's not that bad and expensive as others make it seem to be" just prove to every other human being left with a small bit of brain living on this planet all the facts in statistics published on this website. Keep writing so we make statistics stronger and make it obvious for young people how of a bad quality of life Bulgaria has for them. Thank you very much!
As for cost of living - prices here are AVERAGES. They are accurate, but they don't take into consideration the fact that a lot of goods here (especially name-brands produced elsewhere) are actually inferior quality. You'll pay the same price OR MORE, for example, for a pair of Nikes, but they'll be super shitty compared to the "same" model sold in the US. Daily goods (groceries, toiletries, meals out) are affordable if you're coming from somewhere else - but out of reach for a lot of folks who actually live and work here.
Medical care is accessible and high-quality for preventative care and non-life-threatening issues. Don't get cancer here, or you're screwed. Hospitals just don't have access to the technology or the equipment you'd find in the States, UK, etc. But if you have a typical health challenge, the care is quite good. Doctors here also aren't focused only on prescriptions, because they aren't subsidized by pharmaceutical companies - which for me was a refreshing change.
As for economics and politics - the government here still has issues with corruption and Bulgarians understand it better than you ever will, so don't pretend to know anything about their political system. You don't. Most people are very disillusioned with the government, and for good reason - the difference between here and other places is that people here speak about it willingly and freely, and then carry on with life.
As for economics - if you're coming to Bulgaria from somewhere like UK or the States, you can leverage the differences in currency, and you'll find it very easy to establish a business here. Remember that typical salaries for most Bulgarians are low (around $1000 per month) and cost of living is comparably high (especially since most younger workers are supporting aging parents or grandparents who get very little in pensions or social security) - so if you're selling products or services TO BULGARIANS they need to be very cheap. People do not have lots of disposable income. Bulgaria doesn't need your b.s. - what they need are jobs. So if you're coming here to EMPLOY Bulgarians, pay them a decent living wage (at least $2400 month) and you'll find people are incredibly skilled, educated, qualified - and loyal. Bulgarians are also incredibly tech savvy, compared to the average Westerner - and technology is a quickly growing industry here. Don't expect to pay people peanuts and get gratitude, though - people here are proud and hard-working and they know what they are worth.
Basically, show up politely and with the perspective you know nothing, be willing to help and contribute to the lives of people around you - and actually walk the talk - and you'll find you're warmly welcomed and accepted. If you can't do that? Don't bother to come, because Bulgaria doesn't need you.
I am a Bulgarian, born in Sofia, used to live here till 2002, then I moved to Germany (Frankfurt) and returned to Sofia exactly one year ago. Therefore I have a very good overview over the situation and can compare life in both countries. I'll try to answer your questions.
No, unfortunately the prices here are not correct - it is much more expensive. That's what I'm trying to say all the time but nobody is listening. The main problems are:
1) Numbeo displays the prices as average of what users input. For example local cheese - there are local cheeses for 8 BGN/KG and such for 25 BGN/KG. Taking the average of both is wrong since those are totally different in terms of quality and ingredients.
2) Numbeo measures the quality of life based on basic needs (food, accommodation etc.). If you spend your whole salary just on rent and food in both countries, then most probably 1000 Euro in Germany will equal 1000 BGN in Bulgaria. But if you earn 5000 Euro net in Germany, it will be much more than 5000 BGN net in Bulgaria, since luxury goods have the same price everywhere (cars, travels, watches, expensive brands etc). Or if you want just to save money on your bank account, be sure that with 5000 Euro in Germany you will save much more than with 5000 BGN in Bulgaria.
Regarding the prices: Big supermarkets (Billa, Kaufland) are more expensive in Bulgaria than in Germany. Especially if you want to buy quality goods. Everything produced for the Bulgarian market has much lower quality and worse ingredients than the same product in western Europe. Therefore, if you want comparable quality, you need to buy imported goods, which are at least 50% more expensive. You want to eat a Döner Kebab? For 7 Euro you have a big Dönerteller in Germany with great meat, for 11 BGN you get half the portion and crappiest meet ever in Bulgaria. But yes, Numbeo says Bulgaria is 25% cheaper, wow!
Same for restaurants. If you want to eat a good steak, you pay at least 40-50 BGN at the few places where it is offered. If you want to drink good beer (the local ones are absolute crap), you buy an imported one from Belgium or Czech Republic or Germany for 3 BGN, which is 2 times more expensive than in Germany. Cosmetics, Ariel, Persil, Colgate etc. - same brand, crap quality and 20-30% more expensive.
Anyway, those aspects are the bad ones, which are neglected very often. The good ones are:
- There are a lot more small groceries and markets in Sofia, fish shops (with fresh fish, quite affordable), small butcher meat shops (quality varies, ask the locals for the best ones) etc. Very good selection of vegetables and fruits. Small shops for shoes and clothes as well - you can always find a good deal somewhere. Good leather shoes, tailor made suits - for half the price than in Germany. Always open, on public holidays and Sundays as well.
- Public transportation becomes better and better and is extremely cheap (monthly pass 25 Euro). New metro lines are being constructed, connecting more and more districts.
- Taxis are cheap too, but beware the scams
- Rent: Maybe the most important point. Good locations have their price. Best locations in the top town center cannot be found below 8-10 Euro/sqm. If you allow some compromises, you can get something quite good for 5 Euro/sqm. Good districts are Losenetz, Iztok, Javorov, Ivan Vazov, Strelbishte and around the South Parc.
- Buy property: The prices currently are at least 50% higher than what they should be. The banks are flooding the market with credits even for people with very low income. Brokers are speculating, increasing the prices and hoping to catch a stupid fish who pays it. Lot of new construction with very questionable quality. 30% of all flats are unused currently - just bought by speculators. If the new crisis comes (and it will come soon for sure) this balloon will burst and the impact will be horrible.
Income Levels: I always measure what remains after spending on rent and food/clothing/utilities/transportation. For a 2 rooms flat in Stuttgart, you most probably spent around 800 Euros. Same you can get in Sofia for 300 Euros. For food and restaurants/bars, I had absolute same cost in both countries - 500 Euro p.m. (but I go to very good places and buy quality goods). From transportation cost I save 100 Euro in Sofia. From utilities (Internet, electricity, water supply I save further 50 Euros. Which means, that after considering the cost of living, you will be able to save around 650 Euro, or 2200 Euro in Germany will equal 1500-1600 Euro in Bulgaria.
1200 Euro net salary is nothing exceptional for Sofia - even some call centers pay within that range. As a foreigner with native language other than Bulgarian, the experience you have in Germany and your education you can get much higher than this. Try to find something for at least 3000 BGN net, don't sell yourself for a low price! As an IT specialist, I earn much more than in Germany, mainly because of the low taxes and social expenses. You can be cheap for your employer and at the same time, earn quite a lot! Depends on your skills. If you tell what skills/experience you have, I can give you exact salary ranges since I know the market very very well.
Don't worry about the Bulgarians in the so much praised "great" west and your fake-polite-transgender-loving "culture".
Very few people understand the real concequences of Brexit.
There are much more UK citizens living in EU than Bulgarians or other nationals in UK.
Good also to know that the gypsies that you see are not Bulgarians, the same like your former colonies pupulation you so much love like Indians are not Britsih people. Of course because your fake politeness you will never say that to them but that's OK 'cause Bulgarians are there to be blamed for your problems.
I don't see here anything about your trash people that populated Bulgaria and mix with the gypsies, eeewww, void in the wilderness, at least we have dignity.
Oh, wait what, there are actually no genuinely British people, there are only Anglo-NAGGsons, at least Welsh take off part of the shame and are much better.
Western europeans overall have very low common sense and general awareness of the history and culture of Europe and the world let alone that you can compete in this matter very well with the Americans.
Only the old people really want UK to leave EU but their ignorance is not my problem and not the topic here.
So why you keep bulshiting a country that has 0 relevance to you?
D.D. is right in general but a little bit overracting. Sofia is becomming a better place and you'll be having a nice life with this salary. Bulgaria may be poor compared to Western-European countries but it's still an european country. Private schools are indeed expensive, like 600-800 euro per month, just checked a few. It really depends on what options you have. Compared to India it could be better indeed, compared to Western-Europe of course it's worse in most things.
According to the Bulgarian educational system the Bulgarian language will still be one of the major classes in order to get a Bulgarian diploma. I'm not sure If there are any fully international schools with everything in English and without the need of learning Bulgarian (except maybe aas-sofia, but here the fees are as I know around 40.000 BGN, so not really an option for you).
My only worry is my kids education and its cost. Do you know about education in Sofia. i saw in some websites government schools education in Bulgarian language. If we want English school we have to pay a lot.
SO if my wife also go for a job in admin level we can manage right?
You told that the whole state force is being controlled by the mafia. Can you pls. explain little bit detailed.
Financially, you will not have much problems. Just make sure that you will feel comfortable here. Sofia and Bulgaria in general are by far not comparable with western European countries. Bad streets, huge number of old cars, very bad traffic conditions, dirt and pollution everywhere. No green areas, each small peace of land being used from "investors" to build real estates with dubious quality and sell it fully overpriced to young ITs like me and you. State is basically not functioning since the whole state force is being controlled by the mafia. And a huge cultural difference. Since you are coming from India, you know very well what I mean. Just don't have too much expectations, since you cannot buy health, clean air and social contacts with money. And those are more important than 1000 BGN more salary.
With 5600 you'll live like a king and your wife will not need to work.
May I ask what kind of position are you applying for?
we are a couple with 2 kids ages are 6 & 3. Can you suggest this salary is enough to survive in sofia where i am leaving from Chennai india.
For salaries up to 3000 BGN gross, 22,402% are the total deductions: 13,78% is social security and 10% is income tax, where the social security is deductible. This means: 1-(1-0,1378)*0,9=1-0,77598=22,402%.
This percentage goes down for salaries above 3000 BGN since the social security is capped at 3000.
Therefore:
For Gross <=3000: Net=Gross*0,77598
For Gross >3000: Net=0,9*Gross-372,06
A salary of 10.000 BGN gross will lead to 8.627,94 NET, or total deductions will be 13,72% only.
Corporate tax and private income tax are both 10%. Tax on interest - 8%, tax on dividends - 5%.
From tax perspective, Bulgaria is the most attractive country to do business in the whole EU.
When f.e. the average Bulgarian employer in that specific sector offers 600 Lev, the so called "investor" offers 700 Lev and claims that he is offering a "great" salary. At the same time, he starts selling his crap at a more expensive price than in Western Europe and at a significant lower quality. And of course, when he starts facing difficulties, the nasty and unfriendly Bulgarians are the main reason for this.
If you are one of those, please go away, we don't need you here!
It is said here that "Four-person family monthly costs": 3,084.31 lev without rent (using our estimator).
Does it mean that this amount doesn't include also Kindergarden and School for Kids, Utilities, Mobile and Internet costs?
Dear anonymous, Bulgarians clearly did not like you. It happens. Often with a reason. Be happy in Australia. Try to make friends there. Best, another Anonymous.
P.S. The data published by Numbeo about Bulgaria are correct.
The point is not if prices affect YOU or YOU holidays but the majority of Bulgarians! Are you a millenial bro/sis?
Restaurants:
Meal, Inexpensive Restaurant: 20 LV (instead of 11).
Meal for 2, average restaurant: 80 LV (instead of 50). Salad: 2X10, Main Course: 2x25, Dessert: 2x5
Domestic Beer 0,5L: 4 lv (instead of 2,50).
For Vitoshka street, multiply by 1,5
Just check any restaurant card, they are all online.
Markets:
Local Cheese: 20-25 lv (instead of 11,43). For 11 lev, you get fake crap.
Local Beer: 2 Lv (instead of 1,29). For 1,29 again you get just crap beer.
Beef Round: 25 Lv (instead of 15,88). It used to be 15 lv maybe 5 years ago.
Just take any prospect from Billa or Kaufland - prices are higher than in Germany for sure.
Rent per month: At least 20% higher than suggested.
Price per Square Meter to Buy: Again, at least 20-30% higher. You can get a shitty hole in Lulin district for 900 EURO, in better districts multiply by 1,5 to 2.
Salaries: 1300 Net Average??? Maybe, If you average the big boss (who earns 10.000 lev) with the 30 slaves, who earn 1.000 Lev. The truth is: 80% of bulgarians earn 1000 or less and struggle to survive, spending their whole salaries just on food an basic needs. And the older people need to survive from 300-400 BGN state pensions, from which they need to buy food, utilities and overpriced medicine.
Bulgaria unfortunately is extremely expensive for locals EXACTLY because of the rubbish salaries, (280 euros for the minimal) not because of the expensive NIKE or ADIDAS that you don't have to buy after all (you will survive without them, trust me)
Unfortunately it's extremely cheap for foreigners, to the point that I would prefer double prices at the moment, something I hated when i visited this country 20 years ago. But of course EU (sorry i meant Holy Roman Empire) doesn't allow that, it's against the jungle laws (sorry, i meant competition)
The Uk restricted BG/ROM workers for many years
BG Government is not defending Bulgraia against hordes of Middle class Brits who make price damping explosive because of the obvious price difference in the two countries.
On the contrary it promotes, advertises and encourages retiring in BG, instead of promoting demographic regeneration. BG is collapsing at the moment. Fast!
Even colossal Italy kneeled to the EURO. Spain, Greece, Portugal are still suffering.
Warland (sorry, Germany I meant) and satelite servants of course profit with the Euro.
I dare to say that even countries outside Europe suffer because of the Euro. Of course Anybody who is shooting at the currency is mistaken, it's how you use the knife (cut bread or kill?) not the fault of the instrument (euro) itself.
Anyways why not rename Euro to Global Deutsch Mark so that we don't get confused.
The long chimney in Nadezhda belongs to the central heating company and works on natural gas only. Therefore it delivers the cleanest energy ever possible. No fumes, aerosols, ufp, whatsoever.
Please go to troll somewhere else.
P.S. People are usually behave like mirror. If you go bad on them they will answer bad on you. Please be polite with the locals that you are meeting here. Do not expect royalty treatment just because you have funny accent or you know some English only. We (the Sofians) are tired of hoards of drunk foreigners that are flooding the downtown streets almost every weekend, particularly penniless Italians and drunkard Englishmen.
I won't be surprised if these comments are posted by one single person, who for some reason has had a bad experience in Bulgaria and is trying to discredit the country even more, because he doesn't have nothing better to do :)
For months and for years people in this site are discussing opportunities, salaries, job offers, prices and all of the sudden just for a few days 3 guys with similar style of writing come up with their complaint about rudeness. Coincidence?
The bad Sofians (90%) are extremely bad.
The good expatriates in Sofia (10%) are awesome
The bad expatriates in Sofia (90%) are the lowest of the lowest.
Good luck picking with the hand dealt to you.
Price per Square Meter to Buy Apartment in City Centre 1,393.00 €
Price per Square Meter to Buy Apartment Outside of Centre 922.60 €
For a fair price for an apartment of 85 square meters should be added walls and common spaces, as in Sofia they are not included in the price. An apartment of about 115 square meters is equivalent to 85 squares. Price for a square outside the center is about 1 200 EUR * 115 = 128 800 EUR, divided by 85 square meters = 1 515 EUR.
But it´s hard to find any information about salaries. And yeah, there are some job offers on these fields for Germans.
I can't tell you much about Copywriter and Digital Marketing positions, there are some jobs available but I am not sure if german is required. You better oppen jobs.bg , switch to the english version, use the "Keyword" and "Language" sections to filter your prefered positions.
but I am foccused on jobs like "Content writer", "Copywriter", "Digital Marketing Manager" and so on.
Do you know salaries for German speakers in these field for Bulgaria? It´s very difficult to find any information in the internet..
Since you're a native german speaker, especially an educated one you may easily find a proper job in Sofia, even for more than 2k net. There are lots of german companies outsourcing their business in Sofia, so a german person with good education would fit quite well. I've already recommended a friend of a friend,a spanish guy, for Account manager with Spanish in one of the biggest IT companies in Sofia and he got hired, so being an educated german native speaker is a strong advantage, if you have someone to recommend you somewhere and to give you a hint or two you may do really well.
currently I am doing an internship and studying Russian (First language) and English (Second language) both included Business communication. The quality of internship is really good here.
My education background is Accounting and Finance. I´ve already worked for 2,5 years in these field as an Back Office Manger Specialist.
I come from Germany, but want to live in Bulgaria after internship (prefarable in Sofia). I mean only as native speaker I could find easily an Call Center job with 2000 net. But I do not want in these field.
Ok, the other option would be Back Office again. Maybe. Why not? As I saw the salary depends on company and duties. But it´s realistic to say, that I would earn between 1500 - 2000 Leva net. The last one would be ok, but I prefer to earn at least 1800 leva net..
As I noticed in Sofia there are lof of IT companies and Social Media is getting more attractive. So, I decided to work on these field maybe. Currently I have been learning needful IT-Tools such as HTML5, CSS, Photoshop, GoogleAdWords, GoogleAutomation, SEO, maybe some Java basics (but I am not an Informatic!).
Do somebody know about the salaries for jobs like "SEO specialist", "Technical writer", "Social Media Analyst", "Social Media manager"? I did a research on my onw, used some different sources but was not able find some clearly information. Please not, that I have not any (professional) working experience yet
But
Salaries in PaySafe are quite good for the standard as far as I am aware. You should ask for at least 2000lv net which would be more than enough for a single person.
Thank you very much to anyone who's taking a little time to answer this!
This is your computer windows version
Buy Apartment Price [ Edit ]
Price per Square Meter to Buy Apartment in City Centre 1,369.47 €
Price per Square Meter to Buy Apartment Outside of Centre 931.07 €
This is your android version for my phone
This is incorect
Price per Square FEET to Buy Apartment in City Centre 127,23 €
Price per Square FEET to Buy Apartment Outside of Centre 86.50 €
It really depends on the company, there are good and not so good, but overall helpdesk technician is a temporary job for no more than a few years until you gain more experience, knowledge and find something better. As for the salary, 1800-2500 sounds good, you won't have any problems if you're single.
Wjim,
Studentski grad isn't the best place to live in Sofia, but it's ok. You haven't mentioned any price. Check in homes.bg or imoti.info
I can imagine that customer service jobs are hard in terms of mental health, but maybe it´s not that bad in some good companies.
Thanks for advice.
I will buy an appartement 28 m2 in sofia Studentski grad. Is it a good price?
Thanks
Hopefully you mean Net salary and not gross. Anyway, 3000 BGN net is a very good salary for the Bulgarian standards. If you mean 2500 gross, then you will end-up with 1900 net, which is still 50% above average.
The cost:
- You can rent a 70-80 sqm flat (not house!!!) for 700 BGN. For Utilities plan 150-200 BGN more. Food for 2 can be around 1000-1200 BGN if you cook and don't go out that often. If you buy an old car, it will be still within the budget I hope.
As you see, even with a salary of 2,5 times the average, people cannot really afford that much. Prices in Sofia are exploding and groceries are more expensive than in Western Europe. Today I was comparing the prices at LIDL in Sofia and in Stuttgart. More than 50% of the goods are 20% and more expensive in Sofia, the others have the same price. Only some local vegetables are cheaper. Restaurants are still around 25-50% cheaper in Sofia, but the gap is closing quite fast.
Yes that could be enough for a starting business, but if you are not aware of the market, the economy, the society then most probably you'll fail.
There are tons of restaurants and cofee shops in the city already so that would be a hard field to be competitive in, unless you bring a great idea with you. I've noticed that businesses related to construction, transportation, cars and children (kindergarten,etc) are doing well.
I advise you to research the market first.
I have plan move to Sofia and make my business .
I can bring about 30000€ at first time . Please tell me can I do anything with this money or not ?!
I am civil eng and i have restaurant too .
Very difficult to answer such question.
- What is for you a typical home? What price range? Can vary between 50k-300k Euro.
- How much equity do you have?
- Which duration? 5 years? 10 years? 30 years?
Interest range is currently 4%-5%. Just take Excel and calculate depending on your criteria.
Maybe we can take a closer look and tell you if the offer is fair or not.
I can hardly imagine somebody willing to move to Sofia and being motivated by such an offer. Where do you come from?