Eurozone Entry: Implications for Bulgaria's Real Estate Sector
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
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Nowadays real estate prices are increasing steadily ... Is the new home becoming a more distant dream? comments Bulgaria On Air TV show together with Nevena Stoyanova, a partner in a real estate agency, Snezhana Stoycheva, the manager of imoti.net and the singer Nora Karaivanova.
Buying or renting a new home is accompanied by a lot of stress and ... money.
"People think that there is a real estate bubble because the prices are quite high, but that's not the case, they correspond to the built infrastructure, the quality of the construction, the prices depends on what buyers can afford", said Snezhana Stoycheva .
"We are in Europe, the salaries are rising, it is logical real estate prices to grow as well," said Nevena Stoyanova
More people are interested in buying properties in large cities, and this is due to the internal migration processes. Is there a satisfaction of the demand for property and does it respond to the expectations of the consumers is also a question that experts comment on.
It turns out that the main problem with the real estate agencies is the lack of consumer confidence.It is true that property frauds have increased. However, is it possible to recover the faith in brokers is also a topic that should be discussed.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
Russia has issued a stern warning in response to Bulgaria's recent legislative efforts aimed at seizing Russian real estate
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022