BULGARIAN PROPERTIES Price Indexes – August 2012
‘For the first time since the beginning of the crisis listing prices in Sofia showed a positive annual growth in August. Their monthly change was also one of the most significant this year (+3.46%). Prices in Varna remain unchanged last month. Apartments in Sunny Beach returned to a negative growth but they are still higher than last year. The negative trend continues in Bansko and prices there continue to be the lowest vacation property prices in Bulgaria.’ - comments Polina Stoykova, Chief Operations Manager and Head of Research of BULGARIAN PROPERTIES.
BULGARIAN PROPERTIES' indeces 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 August 2012 are as follows:
Sofia
• Change in last month: +3.46%
• Change in last 12 months: +2.87%
• Change from the highest value: -38.03%
The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Sofia for August 2012 is 61.97 points. The average monthly listing price of the apartments in the capital in August is 927 Euro/sq.m. and this is the highest average price so far in 2012.
Varna
• Change in last month: +0.28%
• Change in last 12 months: -11.03%
• Change from the highest value: -43.56%
The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Varna for August 2012 is 56.44 points. The average monthly listing price of the apartments in the second biggest city in Bulgaria is 840 Euro/sq.m.
Sunny Beach
• Change in last month: -3.59%
• Change in last 12 months: +10.23%
• Change from the highest value: -37.93%
The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Sunny Beach for August 2012 is 62.07 points. The average monthly listing price of the apartments in the biggest beach resort in Bulgaria is 752 Euro/sq.m.
Bansko
• Change in last month: -3.55%
• Change in last 12 months: -16.40%
• Change from the highest value: -57.10%
The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Bansko for August 2012 is 42.90 points. The average monthly listing price of the apartments in the biggest ski resort in Bulgaria is 550 Euro/sq.m.
Next update of the BULGARIAN PROPERTIES Indexes will be on 4th Oct 2012.
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: 2012 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. 2012
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