BULGARIAN PROPERTIES Price Indices (BPI) – June 2013

2013-07-10   |  Polina Stoykova MRICS, Chief Operations Manager and Head of Research

In June, for a third month in a row, apartment prices in the capital continued to gain strength, returning to their levels from the autumn of 2012. This trend has been supported by an increased market activity and more property sales in Sofia in 2Q of 2013 as per the data of the Registry Agency that we have recently announced. The active summer season in Sunny Beach has contributed to a further increase in listing prices, while in Bansko we can see a negative trend which is normal for the low season and very much resembles the situation from the summer of 2012.

BULGARIAN PROPERTIES' indexes 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 June 2013 are as follows:

Sofia
• Change in last month: +1.36%
• Change in last 12 months: -1.93%
• Change from the highest value: -40.78%

The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Sofia for June 2013 is 59.22 percentage points. The average monthly listing price of the apartments in the capital in May was 885 Euro/sq.m.

Varna
• Change in last month: -1%
• Change in last 12 months: -2.37%
• Change from the highest value: -44.27%

The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Varna for June 2013 is 55.73 percentage points. The average monthly listing price of the apartments in the second biggest city in Bulgaria is 830 Euro/sq.m.

Sunny Beach
• Change in last month: +5.93%
• Change in last 12 months: +6.81%
• Change from the highest value: -32.52%

The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Sunny Beach for June 2013 is 67.48 percentage points. The average monthly listing price of the apartments in the biggest beach resort in Bulgaria is 817 Euro/sq.m.

Bansko
• Change in last month: -3.77%
• Change in last 12 months: -3.19% %
• Change from the highest value: -55.99%

The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Bansko for June 2013 is 44.01 percentage points. The average monthly listing price of the apartments in the biggest ski resort in Bulgaria is 563 Euro/sq.m.

Next update of the BULGARIAN PROPERTIES Indexes will be on 9th August 2013.

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: 2013 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. 2013


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