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18.11.2009 BULGARIAN PROPERTIES' Analysis: Sofia Property Prices Continue to Fall - November 2009
Polina Stoykova, Chief Operations Manager, BULGARIAN PROPERTIES
Here is the latest data of BULGARIAN PROPERTIES* about the current state of the market a year after the beginning of the crisis:
35% decrease in the number of concluded deals in the country in October 2009 compared to October 2008.
40% decrease in the number of deals for the first ten months of 2009 compared to the same period in 2008.
38.5% decrease in the average price of concluded deals with residential properties in Sofia in 2009 compared to 2008.
30% decrease in the rental prices of commercial properties (offices and shops) in Sofia and Varna.
Over 50% decrease in the prices of Bansko apartments.
53% decrease in the average price of rural properties around the country.
An increasing number of offers with discounted prices
*The data is based on actual concluded deals and offers for sale and rent of BULGARIAN PROPERTIES
October has always been the most active month on the real estate market from the last quarter of the year as well as one of the most successful months during the year. The overall activity on the market in October 2009 was 31% higher compared to September 2009 regarding realized deals making it the second most active month in 2009 after June.
If you wish to read the full analysis of Sofia property prices, please click here.
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13/October/2011
www.VisitBulgaria.net
A unique mosaic was discovered by archaeologists in the city of Stara Zagora in Bulgaria. The mosaic depicts the three figures of Bacchus and two bacchantes, all companions from the suite of God Dionysus. The mosaic is a unique finding for Bulgaria. It is believed that the mosaic dates back to the end of the second century and the beginning of the third century AD.
"The complicated ... read more
25/July/2011
BULGARIAN PROPERTIES
The 14th edition of the ever popular International Jazz Festival in Bansko Bansko Jazz Fest - will take place between August 8th and August 13th in the resort of Bansko, like every year since its founding in 1998. Bansko Jazz Fest is the biggest summer music festival in Bulgaria. Its great popularity among musicians and fans from all over the world has turned it into one of the most important cu... read more
21/July/2011
BULGARIAN PROPERTIES
The 14th edition of the ever popular International Jazz Festival in Bansko Bansko Jazz Fest - will take place between August 8th and August 13th in the resort of Bansko, like every year since its founding in 1998. Bansko Jazz Fest is the biggest summer music festival in Bulgaria. Its great popularity among musicians and fans from all over the world has turned it into one of the most important cu... read more
16/March/2012
novinite.com, March 15, 2012
The cost of buying a holiday home in Bulgaria is getting cheaper, which is good news for foreigners seeking a bargain deal for their new place in the sun.
According to the latest data released by Bulgarian Properties realtor, prices of holiday homes in Bulgaria have slumped by a whoppi... read more
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