Latest News
24.10.2007 Bulgarian housing prices up 22% Jan-Sept 07
en.dnevnik.bg
The biggest spike - over 45%, was registered in the city of VIDIN, North-western Bulgaria, followed by Sofia with 34%.
The price increase recorded by the statisticians in the first nine months has already beaten the forecasts for a full-year gain of 15% made by realtors in early 2007.
The residential market in Vidin also posted the biggest price increase in Q3 with 20%, followed by Sofia with 15% and Blagoevgrad with 12%.
The latest gains reinstate SOFIA as the nation's most expensive housing market with an average price of close to 2,000 levs/sq m. It leapfrogs VARNA, taking a lead of more than 150 levs/sq m on average over homes in the coastal city which was consistently pipping the capital, albeit fractionally, over the past two years.
The realtors explained the surge with the fact that, in an overwhelming number of cases, the full price of the property transactions is being reported to the registry offices.
Over 80% of the residential market is loan-financed and the banks prefer to have on paper the real price of the property, said Lyubomir Stanimirov.
Rising inflation and food prices act as an additional incentive for people to invest in the real estate market, said Hristo Boikov.
Driving the pricing upside is the new construction segment which recorded the biggest hike, said Stanimirov.
Residential districts like Manastirski Livadi, Malinova Dolina, Studentski Grad and Vitosha, where over 70% of the supply is new construction, are at the center of the trend. Asking prices in these neighborhoods have zoomed up from 800 euro/sq m at the beginning of the year to 1,200 euro/sq m, said Stanimirov.
The explanation for the price gains in Vidin has to do with the launched construction of a new cross-Danube bridge and the big number of residents of area villages that have sold land to the developers of logistics and business parks and now invest in urban homes.
The market in Ruse, also on the Danube, is benefiting from an influx of cash from Romanian home buyers, said Boikov.
Read articles
Read more news
01/November/2011
24 Chassa, vol.296, 31.10.11
Amusement – this is what the new and the already existing malls in Sofia and the country are focusing on after the consumption of clothes, shoes and home goods decreased due to the crisis. For example, the new mall which is being built in the quarter of Lozenets is announced as a lifestyle mall. Apart from famous brand shops, restaurants, coffee shops, a bowling hall, an arcade, a gym, and a cinem... read more
10/November/2011
BULGARIAN PROPERTIES Head Office
The Law on the Trade Register applicable to the activities of all Bulgarian companies, which came into force on 1.01.2008, states that all existing companies must be registered in the new online register by 31.12.2011. If this is not done, they will be removed from the register of companies in Bulgaria resulting in loss of their assets (including properties). After 31.12.2011 the companies that ar... 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/December/2011
europolitics.info, 15.12.2011
The European Commission is preparing to step up surveillance of housing markets in an attempt to prevent the kind of crash that sent the Irish government begging for aid from the EU and IMF to bail out banks heavily exposed to the property market. In the pipeline are a series of proposals on mortgage... read more
Properties by type
- Rooms
- Apartments
- Studios
- 1-bedroom apartments
- 2-bedroom apartments
- Large apartments
- Maisonettes
- Garages
- Houses
- Floor of a house
- Chalets
- Summer houses
- Offices
- Shops
- Storehouses
- Logistic centres
- Factories & Industrial
- Workshops
- Metal buildings for industrial purposes
- Industrial buildings
- Restaurants & Bars
- Hotels
- Spa & wellness centres
- Leisure centres
- Farms
- Business
- Development projects
- Development land
- Industrial land
- Agricultural land
- Forests
- Islands
- Land
- Investment land
- Villas
- Beauty salons
- Fitness & sports centers
- Mansions
- Building plots with project
- Investment projects
- Other properties
Properties by basic location
- In beach resort
- Near beach resort
- On the Sea
- Near the sea
- In ski resort
- Near ski resort
- In mountain
- Near mountain
- In rural countryside
- In spa resort
- Near spa resort
- On a golf course
- Near a golf course
- On river Danube
- On a lake or dam
- On a river
- First line from the water
- Second line from the water
- Third line from the water
- In vacation place
- In the capital Sofia
- In historic place
- In fishing area
- In hunting area
- In town
- Near town
- Near highway
Special offers
- Hot offers
- New ads
- Best bargain properties
- Discounted properties
- Luxurious properties
- Commercial properties and retail space
- Paid ads
Absolute and Unique
Properties by town/village or resort
- Sofia
- Varna
- Burgas
- Plovdiv
- Sunny Beach
- Nessebar
- Sozopol
- Golden Sands
- Bansko
- Borovets
- Pamporovo
- Stara Zagora
- Veliko Tarnovo
- Vidin
- Aheloy
- Ahtopol
- Albena
- Apriltsi
- Arapya
- Arbanasi
- Balchik
- Bankya
- Belogradchik
- Byala (Varna)
- Chepelare
- Devin
- Dobrich
- Dobrinishte
- Dolna Banya
- Dryanovo
- Elena
- Elenite
- Elhovo
- Gabrovo
- Gotse Delchev
- Haskovo
- Hisarya
- Kardjali
- Karlovo
- Karnobat
- Kavarna
- Kiten
- Kranevo
- Kyustendil
- Lovech
- Lozenets
- Melnik
- Montana
- Obzor
- Pancharevo
- Pavel Banya
- Pleven
- Pomorie
- Pravets
- Primorsko
- Ravda
- Razlog
- Rezovo
- Ribaritsa
- Rousse
- Samokov
- Sandanski
- Shabla
- Shumen
- Silistra
- Sinemorets
- Sliven
- Smolyan
- Sveti Vlas
- Teteven
- Troyan
- Tryavna
- Tsarevo
- Varvara
- Velingrad
- Vratsa
- Yambol
- More settlements
Popular searches:
- Top Properties
- Best Bargain Properties
- Discounted Properties
- Cheap Properties
- Beach Properties
- Ski Properties
- City Properties
- Rural Houses
- Apartments in Sofia
- Apartments in Varna
- Apartments in Burgas
- Apartments in Plovdiv
- Apartments in Sunny Beach
- Apartments in Bansko
- Elite Properties
- LUXURY SELECTION
- Properties with everlasting value
- Absolute center
- Absolute first line
- Absolute ski
- Plots of Land
- Commercial Properties and Retail Space
Website: contents BULGARIAN PROPERTIES, design HOTDRINK, concept BONONIA, programming and database EBPW.
All photos, texts and video clips on our website are property of our company or of our partners and are protected by the Copyright Act of the Republic of Bulgaria. Any unauthorized use of photos, texts, videos and other materials from our website by third parties will be subject to immediate claim on the part of the copyright owners.