28.10.2015 Property markets in the biggest regional cities in Bulgaria
‘There is an overall feeling that these city property markets are viable and with very good perspectives for future development. This has helped them attract the attention and return the trust of foreign and local investors and home buyers’, comments Polina Stoykova MRICS, Managing Director & Head of Research of BULGARIAN PROPERTIES. ‘Furthermore, the rental markets in the big cities in Bulgaria are developing quite well and this is an additional incentive for investments in residential and commercial properties’ adds Stoykova.
The market trends in the second biggest city in Bulgaria follow closely these in the capital of Sofia. We can see an increased activity in the residential property market in the city, as well as in other segments such as industrial and office space. In Q3 the increase of number of sales is 5% on an annual basis. The increased demand on the one hand, and the overall improved investment environment on the other, both have an impact on the construction activity and we can register an increased amount of issued new building permits and started new buildings in the city.
The average house price in Plovdiv based on real deals according to data by BULGARIAN PROPERTIES is 570 EUR/sq.m. and the registered annual growth is 4.5%.
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The property market in the biggest city on the Black Sea in Bulgaria is going through a renaissance. The average price at which residential properties are bought in Varna in Q3 is about 800 EUR/sq.m., an increase of about 6% annually. Varna is the only city in Bulgaria in which property prices are similar to those registered in the capital of Sofia.
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There is a 5% increase in the number of completed deals in Q3 on an annual basis in the second biggest coastal city in Bulgaria. The average property price for the period is about 600 EUR/sq.m.
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The Bulgarian Sunny Beach resort is a bargain getaway for families as it offers some of the lowest prices for meals out.
According to the Post Office, a three-course meal with a bottle of wine and soft drinks for a family of four costs just 28.51 GBP.
It has some of the cheapest prices among European beach resorts and it's even che... read more
Summer season is at full swing and we have a lot of hot properties on offer along the Black Sea Coast!
It is now the best time to choose your beach property in Bulgaria and we are here to help.
Download our brochure with the top beach properties in 2018 (pdf)
Or view it online here:
Bulgarian beach resorts offer the best prices a... read more
Аt the height of the Summer season of 2019, let's see who our AGENTS OF AUGUST are!
1. Julia Todorova - the big winner from the previous months, is again among the finalists with many successful sales in our hit complex AMUR on Mur Street in Manastirski Livadi and the emblematic Vitosha View complex.
See Julia's offers here
2. Ivan Krumov - for a... read more
For the twenty-second year in a row, the Bansko resort in Pirin Mountain, southwestern Bulgaria, has welcomed foreign and Bulgarian jazz and pop musicians and singers.
The biggest jazz festival in Bulgaria opened with the trademarks of Bulgarian jazz - Vasil Petrov and Kamelia Todorova. British saxophonist Ray Gelato also appeared on stage of the Bansko Jazz Fest with his band The G... read more