Bulgarians Join Balkan Protest Against Soaring Food Prices
Bulgaria has joined Croatia, Bosnia and Herzegovina, and Montenegro in organizing protests against rising food prices
Bulgaria remains relatively stable in terms of the most desired second homes purchase destinations for British citizens.
In end-June, Bulgaria occupies the 11th place in the ranking of the online portal TheMoveChannel.com after the country has managed to reach 10th place twice in 2014, Investor.bg reports.
For the first time Poland has reached the top 10 in the international ranking. The country occupies the 10th position in June, which is the highest position in the ranking that a Central European country has landed so far.
The United States remains the most desired destination for Brits buying property abroad. Spain has returned to the second position in the ranking, followed by France and Portugal. The fifth position is occupied by Brazil.
The strongest increase was observed in the demand for holiday homes in the United Arab Emirates in June. According to the online portal, the interest of the British customers in the country continues to grow.
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
Despite the measures imposed by the Bulgarian National Bank (BNB), housing lending in Bulgaria continues to rise rapidly
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