Market studies and Financial Models

We can offer a range of consulting services that will validate whether your initial thoughts about the current development of the market match the reality and will help you prepare better using wealth of information backed by industry experience to make your deal successful from the very start. Those include the following: macro market research and analysis reports, customized feasibility studies, investment and financial models that will support or reject the feasibility on your investment in Bulgaria.

Macro Market Research and Analysis Reports
The macro market research and analysis reports prepared by BICA cover the overall development of a specific commercial real estate sector in Bulgaria, like hotels, logistics parks, office areas, retail, for instance, in a specific city or even countrywide. They provide an overall idea about the current status of the segment and expected trends in its development including current and projected supply of and demand for. The studies are aimed to provide an unbiased analysis of the market in a specific region and help foreign investors get familiar with the local conditions and, thus, decide whether Bulgaria is the right country for investment or not.

Customized Feasibility Studies
In case you consider doing business in Bulgaria, but are uncertain whether the feeling that you have is right, we can offer customized feasibility studies in close correspondence with your business model and at a competitive price. The reports ultimately validate the feasibility on your investment in the local market. Usually the engagement scope of those would cover the following: current and future supply of and demand for areas[1] in a specific region/city depending on the type of construction and geographic information you have chosen, definition of a competitive set to the potential establishment, projected operating performance in terms of occupancy and rental rates, further identification of best/worst practices and competitive advantages in the segment crucial for the future performance of the development. We draw conclusions from a dataset that uses public sources, paid industry reports from reputable institutions, on-site interviews, assessment from established experts, and detailed review of articles in a reputable local media, sorted by relevance and covering the last 2 year; last, but not least, is the assessment of custom reviews from assorted websites. As mentioned before, one of our strongest advantages is our flexibility which, if needed, allows us to modify the engagement scope according to your needs during the later stages of our work together.

Investment and Financial Models
Our business model suggests very close cooperation with partnering companies able to cover areas of expertise that are not core business of BICA. This allows us to offer reliable investment and financial models that further evaluate the successfulness of your deal in Bulgaria.