FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
The average residential property prices in the Bulgarian capital Sofia have dropped by 9.4% in the first quarter of 2010 year on year, the Raiffeisen Real Estate index has shown.
In comparison with the last quarter of 2010, the prices have decreased by 5.2%
According to a recent research conducted by Sofia based real estate agency Bulgarian Properties, the price levels of residential property in Sofia stood on average at about ERU 830 per square meter in the first quarter of 2011, down from EUR 930 in the last three months of the previous year.
Sales of residential property in Sofia in the beginning of this year nearly doubled in comparison with the same period in 2010, a trend, which stands in strong contrast with the slump in sales volumes across the country, the same research shows.
The prices in Bulgaria's second largest city, Plovdiv, have decreased by 8.0% compared with the corresponding period of 2010, while the third largest city of Varna has seen a 7.0% drop. On a quarterly basis, the prices in Plovdiv have dropped by 6.7%, while those in Varna have increased by 1.9%.
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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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