Bulgarians' Real Estate Investments Reach 59 Countries
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"
Some 11 million homes lie empty across Europe, according to figures collated by the Guardian from across the EU.
In Spain more than 3.4 million homes are vacant, the numbers are 2 million for both France and Italy, 1.8 million in Germany and more than 700,000 in the UK.
There are also large numbers of vacant homes in Ireland, Greece, Portugal among others, according to information collated by the Guardian.
Many of the homes were built in holiday resorts during the housing boom prior to the 2007-2008 financial crisis.
Most of Europe's empty homes are in Spain. The latest Spanish census indicated that more than 3.4 million homes, that is 14% of all properties, were vacant. The number of empty homes has increased by more than 10 percent in the past 10 years, the Guardian informs.
In Portugal there are 735,000 vacant properties – a 35% increase since 2001. An estimated 300,000 homes are empty in Greece and 400,000 in Ireland.
Last month members of European Parliament passed a resolution demanding the European Commission develop an EU homelessness strategy without any further delay.
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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