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26.10.2009 NSI: Home Prices in Bulgaria 28% Lower y-o-y
Velimira Dimitrova, BULGARIAN PROPERTIES
In Sofia residential property prices have decreased by 6% in the third quarter of 2009 compared to the previous quarter but they still remain among the highest in the country – at an average of 1,640 BGN (about 838 EUR) per square meter. Only the apartments in the Black Sea city of Varna are more expansive as in the third quarter they were sold at an average price of 1,770 BGN (about 905 EUR) per square meter. In Varna the price decrease compared to the previous quarter is only 3%. The other city with comparatively expensive residential properties is Bourgas. Compared to the last quarter prices there have fallen by 6% and are already 1,379 BGN (about 705 EUR) per square meter.
The analyses of BULGARIAN PROPERTIES on the changes in property prices in 2009 show similar data to that of the NSI as the decrease in the different property segments caries between 25 and 55%.
Read more on the topic:
BULGARIAN PROPERTIES' 2009 Analysis of Business Properties – Offices and Shops Sales and Rentals
Mountain Resorts in Bulgaria Offer Lucrative Property Prices
The Crisis Didn’t Bypass Rural Properties in Bulgaria
The Elite Property Segment Will Be the First to Recover
Read more news
08/August/2011
BULGARIAN PROPERTIES
The Bulgarian government has decided to give the airport in Balchik to the Ministry of Transport, Information Technologies and Communications. The government intends to turn it into a civil airport.
At present Balchik Airport is an inactive military airport. The change in its function will improve the flight services along the Bulgarian Black Sea coast, especially during the high s... read more
03/February/2012
Human Capital, 01.02.2012
Last year prices of properties in Bulgaria fell by an average of 8% year-on-year. This is what the market analysis of Bulgarian Properties shows. To compare, the average price drop in 2010 was 8.3% and in 2009 – 36%. Thus the decrease of real estate prices in Bulgaria is gradually slowing down and real estate agencies hope it will stop this year. At the same time the number of concluded deals arou... read more
08/August/2011
BULGARIAN PROPERTIES
The Bulgarian government has decided to give the airport in Balchik to the Ministry of Transport, Information Technologies and Communications. The government intends to turn it into a civil airport.
At present Balchik Airport is an inactive military airport. The change in its function will improve the flight services along the Bulgarian Black Sea coast, especially during the high s... read more
20/March/2012
www.propertyshowrooms.com, 19 March 2012, excerpt
The value of real estate in Bulgaria has fallen by approximately 50 per cent since its peak in 2008, with both ski and beach resorts hit the hardest by the downturn in the market.
This is according to chief operations manager of Bulgarian Properties Polina Stoykova, who explained that,... read more
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