Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
The index of residential property prices calculated each quarter by Bulgaria's National Statistical Institute has gone by 0.5% in the third quarter on a quarterly basis.
The decline in Bulgaria's residential property prices is greater when estimated year-on-year – the index is down by 2.2% compared with the third quarter of 2011.
All of Bulgaria's 27 district capital cities saw their residential property prices go down in the third quarter of 2012.
The largest decreases in the price of residential real estate on quarterly basis was registered in the southwestern city of Kyustendil – 3.5%, in the northwestern city of Montana – 3.4%, and in the southern city of Pazardzhik – 2.7%.
The average price per square meter of residential property in Bulgaria in July-Septemer 2012 was BGN 881.21, as estimated by the NSI.
The highest average prices per square meter of residential property in Bulgaria were found in the capital Sofia – BGN 1 447.33 per square meter, in Varna – BGN 1 425.83, and in Burgas – BGN 1 135.83.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
The housing market in Bulgaria witnessed mixed trends in the fourth quarter of 2023, with overall prices experiencing a modest increase of 1.2%
Bulgaria witnessed a staggering surge in mortgage loans in 2023, totaling a monumental BGN 6.39 billion
Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022