Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria's capital Sofia will get EUR 400 M from the EU Operational Programme Transport and Transport Infrastructure 2014-2020 for the extension of the metro lines, said Transport Minister Ivaylo Moskovski, quoted by the ministry press office.
Currently the two lines – red and blue are being extended. The red line to the Sofia airport is 82% complete and to the Business park in Mladost 4 district – around 70%. The blue line is also being expanded.
According to Moskovski, the transport projects for EUR 673 M under the new programme were ready and will be sent to Brussels for approval shortly.
They include road and railway projects, intermodal terminals, traffic management and transport safety improvement systems.
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The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
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