0
Hello,
Favourite properties (0)
Saved searches
Selected for you
Notifications
Subscriptions
Settings
Sign out
Close

BULGARIAN PROPERTIES Price Indices (BPI) – May 2013

2013-06-10   |  Polina Stoykova MRICS, Chief Operations Manager and Head of Research

The property market in Sofia continued to gain strength in May with a growing activity and interest by local buyers, many of whom are returning to the market. So, for a second month in a row we saw an upward monthly movement in listing prices, although they are below their last years’ levels. The market in Sunny Beach has been recovering for almost a year now and in May there was almost no change in listing prices in an expectation for a very successful summer season.

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 May 2013 are as follows:

Sofia
• Change in last month: +2.73%
• Change in last 12 months: -2.35%
• Change from the highest value: -41.57%

The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Sofia for May 2013 is 58.43 percentage points. The average monthly listing price of the apartments in the capital in May was 873 Euro/sq.m.

Varna
• Change in last month: -3.01%
• Change in last 12 months: +0.45%
• Change from the highest value: -41.96%

The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Varna for May 2013 is 56.29 percentage points. The average monthly listing price of the apartments in the second biggest city in Bulgaria is 838 Euro/sq.m.

Sunny Beach
• Change in last month: -2.57%
• Change in last 12 months: +0.38%
• Change from the highest value: -36.30%

The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Sunny Beach for May 2013 is 63.70 percentage points. The average monthly listing price of the apartments in the biggest beach resort in Bulgaria is 771 Euro/sq.m.

Bansko
• Change in last month: -3.03%
• Change in last 12 months: +5.74%
• Change from the highest value: -54.26%

The current BULGARIAN PROPERTIES Index value for the listing prices of apartments in Bansko for May 2013 is 45.74 percentage points. The average monthly listing price of the apartments in the biggest ski resort in Bulgaria is 585 Euro/sq.m.

Next update of the BULGARIAN PROPERTIES Indexes will be on 9th July 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

---
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


  Read more news

Share
Properties with video
Only on our website you will find a variety of properties in Bulgaria with videos. Don't waste time, view them online - on your phone, laptop or tablet, at a convenient time and without the need for an inspection trip and personal visit. Welcome for video viewings with BULGARIAN PROPERTIES!
See More
Hot properties in Bansko - the best offers are here for you!
Buy your own property in the top ski resort of Bansko! An all-year-round resort suitable for winter and summer tourism with the best prices in Europe!
See More

More News

latest news
We've opened a new office in the heart of Dupnitsa: Visit us at Knyaz Boris I Street, No. 1

We are proud to announce the opening of our new office in the city of Dupnitsa, located at Knyaz Boris I Street, No. 1, Floor 1.

This strategic move is part of our mission to be as close as possible to our customers and to provide high quality local service for both buyers and sellers.

In our new office, clients will be able to take advantage of the ful...

28 March, 2024
latest news
Selling property in Bulgaria? Check out what documents you will need!

In a series of materials, we present you with useful information on how to best prepare your home for viewings and how to determine the right price of your property.

Here we will focus on the heart of the transaction. Buying and selling real estate often seems a complicated and cumbersome procedure, requiring a number of documents and communication with various institutions. And buy...

22 March, 2024
latest news
How much is your property worth and how to set a perfect listing price?

When deciding, or even just considering listing a property for sale, our first question is often: What price should I be looking for my property.

Every homeowner is probably trying to do their own mini market research. They look at the listings in their area, read the latest statistics on property transactions, turn to an agency to get an idea of what they can get.

Ve...

18 March, 2024
Company news
BULGARIAN PROPERTIES Agents of March 2024

Spring comes with new opportunities in the real estate market in Bulgaria!

February showed us significant activity in the real estate market, spanning the entire country, and that gives us plenty of reasons to be optimistic.

Latest market data and trends:

- We are seeing an increase in issued new building permits - a sign of growing interest in new dev...

05 March, 2024

REQUEST DETAILS