Bulgaria's property market is picking up and there is a slight price growth over the last three months, according to one of the leading companies in the sector.
The mega-opening of Mega Mall Sofia attracted tens of thousands of visitors on the event’s first day on Friday.
Rents and capital values in Bulgaria and Hungary are expected to rise over the next 12 months, the London-headquartered Royal Institution of Chartered Surveyors (RICS) has said.
The Ukraine crisis and the sanctions against Russia are already affecting Bulgaria's vacation properties sales on the Black Sea coast, reports Investor.
Bulgaria is still at the forefront of preferred destinations for Russian-speaking real estate buyers, an investment company says.
At least BGN 200M higher levels of cash flow were recorded on Bulgaria's property market by the end of June and the beginning of July, 2014.
Rental rates of class A office space in Sofia have reached EUR 13 per sq.
Bulgaria is the favourite spot of Russian state officials for buying real estate, shows an investigation of the Russian business publication RBC.
Bulgaria remains relatively stable in terms of the most desired second homes purchase destinations for British citizens.
The office rental rates in Bulgaria's Sofia have increased by an average of 8% in Q1 2014 compared to the same period of last year.
The residents of Denmark, Germany and Portugal can afford to buy a new home for 2.1 – 3 years with an average gross income, according to a recent Deloitte survey.
The Russian citizens own 300 000 properties in Bulgaria and invested around EUR 18 B, reports Deutsche Welle.
Around 500 000 real estate properties in eastern Bulgaria are owned by Russian citizens, said the Russian consul in Varna Yurii Solovyov, quoted by the wire service BTA.
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