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BULGARIAN PROPERTIES Price Indices (BPI) – May 2013
The property market in Sofia continued to gain strength in May with a growing activity and interest by local buyers, many of whom are returning to the market. So, for a second month in a row we saw an upward monthly movement in listing prices, although they are below their last years’ levels. The market in Sunny Beach has been recovering for almost a year now and in May there was almost no change in listing prices in an expectation for a very successful summer season.
BULGARIAN PROPERTIES' indexes measure apartments listing prices in 4 main locations - Sofia, Varna, Sunny Beach and Bansko in order to provide timely information about the market trends in the biggest city and vacation housing markets in Bulgaria.
The key points for each index for May 2013 are as follows:
Sofia
• Change in last month: +2.73% 
• Change in last 12 months: -2.35% 
• Change from the highest value: -41.57%
The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Sofia for May 2013 is 58.43 percentage points. The average monthly listing price of the apartments in the capital in May was 873 Euro/sq.m.
Varna
• Change in last month: -3.01%
• Change in last 12 months: +0.45%
• Change from the highest value: -41.96%
The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Varna for May 2013 is 56.29 percentage points. The average monthly listing price of the apartments in the second biggest city in Bulgaria is 838 Euro/sq.m.
Sunny Beach
• Change in last month: -2.57%
• Change in last 12 months: +0.38%
• Change from the highest value: -36.30%
The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Sunny Beach for May 2013 is 63.70 percentage points. The average monthly listing price of the apartments in the biggest beach resort in Bulgaria is 771 Euro/sq.m.
Bansko
• Change in last month: -3.03%
• Change in last 12 months: +5.74%
• Change from the highest value: -54.26%
The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Bansko for May 2013 is 45.74 percentage points. The average monthly listing price of the apartments in the biggest ski resort in Bulgaria is 585 Euro/sq.m.
Next update of the BULGARIAN PROPERTIES Indexes will be on 9th July 2013.
For more information or request of our latest property market reports, you can call us on +359 2 9 11 50 or send us an e-mail.
Information about BULGARIAN PROPERTIES’ Indexes (BPI) and the methodology
See the archive with price index information for previous months
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Copyright: 2013 Bulgarian Properties Ltd. All rights reserved. For further information or advice please contact us on tel.: +359 2 9 11 50 or e-mail: info@bulgarianproperties.com. The use of this article by third parties is allowed only with proper quotations of the source www.BulgarianProperties.com and the Author of the article. The data in this material has been collected by the Author and Bulgarian Properties Ltd. and is presented for information purposes only. We have made every effort to ensure the accuracy of the data. However, Bulgarian Properties Ltd. and the Author cannot be held responsible for loss or damage as a result of decisions made based on the information presented in this article.
© Bulgarian Properties Ltd. 2013
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