“We continue to believe that the fundamentals of the Sofia market are positive,” Cleves’ general manager Peter Diakov said in a statement.
According to Diakov, with Sofia's highly-skilled labour force, continued inward investment, falling inflation and a robust banking system, "if you take the long view, Sofia is a great place to invest."
Cleves Izgrev offers a selection of fully furnished one-bedroom and two-bedroom rental apartments, as well as three-bedroom duplexes, the company said, without providing price details.
Cleves has acquired 150 apartments in 9 developments across Sofia, which it is moving fast to bring them to the rental market. The firm said it expected to launch a further 100 units over the next 12 months.
