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Property sales in Sofia increased by 7% in 2013

2014-01-10   |  Polina Stoykova MRICS, Head of Operations and Property Research

This is what calculations of BULGARIAN PROPERTIES show, based on the data from the Bulgarian Registry Agency. The property sales registered in Sofia were 19,430 in 2013 compared to 18,166 sales in 2012.

Bulgaria's real estate market experienced a growth of 3% in property sales in 2013. A total of 224,644 properties were sold in Bulgaria in 2013 compared to 218,151 in 2012, reveals the data of the Registry Agency.

BULGARIAN PROPERTIES’ calculations show that the real estate sales in the regional cities account for 54% of the total sales in the country in 2013. The average sales growth in the regional cities was 5.4% year-on-year, which is above the national average and indicates that the markets in the big cities are dynamic. The real estate sales in Plovdiv grew by 10% in 2013, in Varna - 9% and in Burgas - 17%, which is fully in line with the continued growth in demand for beach properties by foreigners.

We expect the rise in property sales to continue in 2014, and the trend for searching properties mainly in big cities and seaside resorts respectively by Bulgarian and Russian buyers to continue.

View all our city properties for sale and rent

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Copyright: 2014 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. 2014


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