Latest News

01.12.2014 bTV: Property prices increase again

www.btvnovinite.bg, 27 November, 2014

In a report about property prices in Sofia, bTV channel asked for the opinion of Polina Stoykova, the Managing Director and Head of Property Research at BULGARIAN PROPERTIES. bTV is the national-wide broadcasting television channel in Bulgaria.

The property market is slowly recovering from the crisis, and the prices are increasing once again. The reduced property prices caused by the construction boom are already in the past. Slowly but surely, the real estate prices begin to stabilize and even to go up.

Ivelina Stamenova is looking for the perfect apartment for one year already. "I have noticed that the prices are rising. I think that they will grow more and actually I am in a rush to buy an apartment", she said.

According to the consultant Zlatka Kantardzheva the increased number of viewings per week and the increased demand will lead to growing of the property prices. "More and more people decide to apply for mortgages and to pay for a loan instead of paying a rent," she said.

The reason for that is that people are now seeing real estate as an alternative to bank deposits.

"For comparison, the yield from the purchase of real estate and rental is about two times higher on an annual base compared to the bank deposits", explains Alexander Bochev from the Real Estate National Association.

According to the credit consultants, the mortgage loans increased by more than 10% in the autumn.

"So when this indicator is positive, we can mention that the property market is stable and more confident going out of the crisis", said Polina Stoykova, Managing Director at BULGARIAN PROPERTIES.

Christo Zapryanov, an owner of a luxury apartment of about 200 sq.m. in the very center of Sofia, is waiting for a buyer for his apartment. He has also chosen the current moment to make a sale because of the end of the crisis.

"We must take into consideration that this boom that once was when the price per sq.m. in the area of the Doctor's Garden was 8000 Euros remains in the history", he said.

Although the price of his apartment is over 400,000 Euro, Zapryanov has already showed the apartments to many buyers and expects to complete the deal soon.

View our properties from Sofia

  Read more news
LATEST REGIONAL NEWS
The First "Bile Fest" - Herbs Dedicated Festival Will Be Held on the St. Anastasia Island in Bourgas

12/June/2019
https://www.novinite.com

The island of Saint Anastasia will welcome guests with folk rituals for health and fertility in the first edition of the "Bile Fest", a heraldic festival, announced Burgas Municipality.

More than 50 participants will take part in the event with herbs and healthy foods, curative extracts and ointments, and will show the authentic ways of preparing them.

The accompanyin... read more

Comments from clients
Marina from Bulgarian Properties we used in Varna & Sveti Vlas, is very keen to establish a very ...
We just bought our nice vacation home with the help of Bulgarian Properties. Finding a holiday ...
My husband and I have just returned from our trip to Bulgaria organised by Bulgarian Properties. ...
View the best properties in the top Bulgarian ski resorts!
Read topical information about Bulgarian real estate, economy and tourism!
Don't waste time for vewing trips! Organise property viewings via Skype!
List your property with us, no marketing fees!
Latest News
Welcome to our new office in Burgas!

12/June/2019
BULGARIAN PROPERTIES

Following a strategy for presence with our own offices in all major cities and resorts in Bulgaria, we are most pleased to announce that we have opened a new office in the coastal city of Burgas!

It is located in a modern office building in Lazur area with address:

5, Adam Mitskevitch Str., etrance B, fl. 2, office 2
Burgas Office on the map
Tel: +359 56... read more

LATEST REGIONAL NEWS
The First "Bile Fest" - Herbs Dedicated Festival Will Be Held on the St. Anastasia Island in Bourgas

12/June/2019
https://www.novinite.com

The island of Saint Anastasia will welcome guests with folk rituals for health and fertility in the first edition of the "Bile Fest", a heraldic festival, announced Burgas Municipality.

More than 50 participants will take part in the event with herbs and healthy foods, curative extracts and ointments, and will show the authentic ways of preparing them.

The accompanyin... read more

DID YOU KNOW?
NSI: Household Income Grows By 7.3% in 2018

16/April/2019
https://www.novinite.com/

The annual total income average per capita is 6 013 BGN in 2018 and increases by 7.6% compared to 2017. The total income average per household member increases 1.6 times during the 2009 - 2018 period.

The following more important changes with respect to the sources of total average inc... read more