Declassified Kennedy Files Reveal a Bulgarian Link to JFK Assassination
Decades-old classified documents related to the assassination of U.S. President John F. Kennedy have been declassified following an order by Donald Trump
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.
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Interest in newly built properties is on the rise, driven by factors such as increasing prosperity
the last quarter of 2024, the proportion of properties purchased with mortgage loans in Bulgaria grew to 27%, or roughly every third property
The real estate market in Bulgaria experienced notable changes in 2024, with significant price increases and a rise in transaction volumes
Financial expert Kamen Kolchev has advised against investing in real estate, warning that property prices in Bulgaria could drop by up to 20% upon the country’s entry into the eurozone
Foreigners who invested in property in Bulgaria are now facing legal battles after discovering that their homes were sold without their knowledge
In recent months, sales of residential properties in Bulgaria’s major cities have risen sharply
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