New Rise of Property Prices in Bulgaria

Business » PROPERTIES | April 16, 2022, Saturday // 11:46
Bulgaria: New Rise of Property Prices in Bulgaria @Trud

In addition to the prices of basic food products and household bills, the prices of real estate in Bulgaria are also going up.

According to a study by Nova TV in Burgas, the wave of refugees from Ukraine is affecting the real estate market - Russians are selling and Ukrainians are buying or renting housing.

“There is an increased demand for rental accommodation. This is not only in Burgas but also in the region. The largest number of refugees is in Sunny Beach, Nessebar, Burgas, Kiten and Primorsko”, said the mayor of Burgas Dimitar Nikolov.

In the region of Varna, the National Real Estate Association reports up to 35% growth in transactions for the first quarter of 2022, compared to the same period last 2021.

“There is a change in the real estate market. In the Varna region there is a serious increase in transactions as well as an increase in residential property prices by 5% - 10%,” said Ivaylo Gradev, member of the board of the association.

Follow on Twitter and Facebook

Write to us at

Информирайте се на Български -


We need your support so can keep delivering news and information about Bulgaria! Thank you!

Properties » Be a reporter: Write and send your article
Tags: property, prices, Bulgaria, Ukraine

Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria