Bulgaria: Housing Prices in Sofia continue to Rise
Property prices continue to rise, but there are already signs of a slowdown in growth
Property prices continue to rise, but there are already signs of a slowdown in growth
At the end of last week, a business forum dedicated to the challenges facing the real estate market in Bulgaria was held in Varna
In October, the prices for buying and renting an apartment in Sofia set historical records
Bulgarians massively invest in real estate in Northern Greece
The Council of Ministers approved a draft Law on Amendments and Supplements to the Law on Cadastre and Land Registry
The program for the accommodation of Ukrainian refugees in hotels will be continued until October 31 at the current estimate, so a new program will be able to be created
“The short-term rental market is reviving”, said Dobromir Ganev, chairman of the National Real Estate Association, in an interview with the Bulgarian National Radio. Brokers note an increase in rental prices in Varna, as well as the provision of housing f
At the beginning of May, an international journalistic investigation established that more than 240 Bulgarian citizens and residents of the country own properties worth more than 160 million dollars in Dubai
Construction workers massively stop the sales of properties "on the green"
More than BGN 14 million in rental income has been received by Bulgarians, real estate owners, who provide short-term accommodation for tourists through Airbnb
Most brokers, who have been active in renting housing to Ukrainian refugees since the beginning of the war, no longer have free accommodations to offer
The depopulation of Bulgarian villages continues. In 1173 villages, which is about one fifth of all settlements in our country, live up to 50 people, and in 167 villages there is not a single inhabitant
In addition to the prices of basic food products and household bills, the prices of real estate in Bulgaria are also going up.
“About 50,000 Russian citizens are expected to come to Bulgaria this year with flights via Istanbul, Dubai and Belgrade, some of them with properties in Bulgaria”, predicts Assoc. Prof. Rumen Draganov, a longtime expert in the field of tourism and teacher
The pandemic has fundamentally changed our lives. Habits have become different, and the desire to seek a freer and healthier life has intensified. That is why in the last 2 years 200,000 Bulgarians have moved to the countryside or at least bought a proper
The Association of Construction Entrepreneurs is worried about rising house prices above levels that are unbearable for the population - over 100,000 - 110,000 euros per apartment. This was said on BNT by Georgi Shopov from the Association of Construction
Bulgaria has the fourth smallest gender savings gap in Europe when it comes to buying a property, new research from Uswitch.com/mortgages reveals.
The number of commissioned residential buildings in the fourth quarter of 2021 was 1329, which is 43.2% more than the same period in 2020, and newly built housing in them is 6430, or 49.2% more, according to the National Statistics Institute.
There is no bubble in the real estate market in Bulgaria yet, but they are obviously struggling with deals and house prices will continue to rise. This was announced by experts during a discussion. The reason for this is the large savings of the populatio
The increase in the price of housing in Bulgaria since 2010 is above the European Union average. Prices in the country jumped by 43%, while growth in the EU was 39%, according to Eurostat data for the third quarter of 2021. The most significant increase f
Real estate prices will continue to rise this year, financial analysts warn. Demand continues to grow. Is there already a bubble in the real estate market and what are the risks - answers Svetozar Kostadinov from BNT.
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