Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria is the most popular destination for Russians seeking to buy real estate property abroad.
This becomes clear from a report of the DOKI real estate agency, as cited by the BGNES news agency.
According to the provided data, 25% of the Russians seeking to acquire property abroad over the last four quarters have chosen Bulgaria.
Thus, Bulgaria tops such popular destination for Russian real estate investors as Spain (13,3%), the Ukraine, Cyprus, and Turkey (6,1%), in the order ranked by the report.
The average sum that Russian buyers spend for real estate purchases in Bulgaria is EUR 32 400.
According to DOKI, the USA and UEA have registered the greatest decline in popularity among Russian real estate buyers.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022