Real Estate Prices on Bulgarian Black Sea Coast Go Up
0% of the purchasers of holiday properties along Bulgaria’s Black Sea coast are Bulgarian nationals, indicate data of experts from a large construction and investment company.
100 real estates in Bulgaria's capital, Sofia, are offered at a price of over EUR 1 M, according to official advertisements.
The most expensive property costs EUR 4,9 M, and is situated in downtown Sofia, near the Doctor Park, the Pari Daily reported.
The offer includes a two-storey 848 square meters house, and a 380 square meters garden.
The most expensive offers in Sofia are in the area around the Doctor Park, followed by the VIP quarter, Boyana.
The second most expensive real estate is a 1158 square meters house in Boyana.
However, only eight people have declared in their taxes declaration that they own a property, worth more than EUR 250 000.
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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
This information was shared during the presentation of data on the current state of the market to journalists
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