Call
Send Email
Messenger
WhatsApp
BULGARIAN PROPERTIES Director Mihail Chobanov on Bulgarian National Television
BULGARIAN PROPERTIES Executive Director Mihail Chobanov was invited to the Bulgarian National Television morning program Denyat Zapochva to comment on the situation of the real estate market in Bulgaria.
Mihail Chobanov pointed out that there is no crisis on the Bulgarian real estate market and that there is a decrease in the prices only in the holiday home segment which is mainly due to bad location and low quality of the construction.
On a question about the decrease of the real estate prices Mr. Chobanov stressed that one should differentiate between the different segments on the market and not put all properties under one denominator. Thus there should be a clear differentiation between holiday homes, residential properties and business areas as each one has different characteristics.
When asked by the hosts to advise the real estate buyers what to do Mihail Chobanov told them to buy only quality properties as what should guide them is the quality of the construction, the location, the amenities and the extras and, of course, the lucrative price.
Read more news
More News
In a historic and long-anticipated move, the Council of the European Union has given its final approval for Bulgaria to adopt the euro as its official currency. As of 1 January 2026, Bulgaria will become the 21st member of the euro area, marking a significant step forward in the country’s European integration.
This milestone is not just symbolic — it represents a major economic achi...
The holiday complex in Sozopol offers well-developed infrastructure and a variety of opportunities for relaxation and entertainment.
In 2025, the Santa Marina holiday village in Sozopol celebrates its 20th season – an important milestone for one of the most successful and recognisable projects on the Bulgarian Black Sea coast. Over two decades, the complex has established itself as ...
Your experts in a fast-evolving Bulgarian property market!
June was an impressive month for the real estate market and a strong close to the first half of the year. Deals were finalized at a high pace, we opened a new office in Sunny Beach, launched operations in Shumen, appeared in national media, and reaffirmed our leading market position!
We are proud to present o...
Property prices in Sofia are still significantly lower than those in other European capitals
How will the property market in Bulgaria change after we join the eurozone? This is a key question for both property owners and those considering a purchase. Will prices rise? Will there be a slowdown? Should I buy, sell, or wait?
The experience of other countries shows that a...
