Shocker: Bulgaria Drops from UK Tourists' Cheapest Summer Spots List
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
Bulgaria is currently the tenth most preferred destination by Britons who want to purchase vacation housing.
The country has once again made its way into a list created by TheMoveChannel.com, a website reflecting British predilections for summertime immovables.
With some 1.6% of property inquiries to the website, it has moved 5 places up in February.
Last year, Bulgaria was somewhere between 15th and 20th, suffering an unexpected blow after it had been ranking among top 5 holiday property sellers for a long time.
The first ten countries in the list also include US, France, Spain, Portugal, Brazil, Canada, Turkey, Australia and Italy.
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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
This information was shared during the presentation of data on the current state of the market to journalists
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