Call
Send Email
Messenger
WhatsApp
Bulgarian property sales again with a positive growth in 3Q 2013
Although with a slowing pace, Bulgarian property sales continue to rise in the third quarter of 2013 on an annual basis. A total of 59,475 properties were sold in Bulgaria in the third quarter, representing a 1.42% growth in sales on an annual basis, according to the Bulgarian Registry Agency data.
BULGARIAN PROPERTIES’ calculations show that the real estate sales in the bigger regional cities account for 53% of the total sales in the country in the third quarter of 2013, an increase of 5.35% (from 30,155 in 2012 to 31,767 in 2013).
The sales in Sofia in 3Q have also increased - from 4,210 in 2012 to 4,536 in 2013. Their growth is 7.74%, which is above the average in the regional cities and a logical consequence in view of the relatively good activity on the market in Sofia and the return of the buyers. Plovdiv registered a similar increase of 7.64% on an annual basis.
Burgas - the leader in sales growth
In the peak summer season the sales in Burgas have increased by 23.43% compared to the same period in 2012. This is a result of both the recovery of the property market in the seaside regions, and the continuing increase of foreign tourists mainly from Russia and Ukraine, many of which become property buyers. The rise in Varna is significantly lower compared to Burgas, but it is still higher than the average in the regional cities. Bulgarian sea capital has registered an increase of 10.77% in property sales in Q3.
View all our city properties for sale and rent
---
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
More News
2024 kicked off with a dynamic property market in Bulgaria, and this activity was sustained throughout the first quarter, making it one of the strongest quarters in housing market history. This was confirmed by data from the Registry Agency, which showed an increase in sales volumes in the country's leading markets.
This year, the market switched into a higher gear. T...
Spring is here, bringing new opportunities in the real estate market!
March was a month full of property transactions, reinforcing market activity and allowing us to successfully conclude the first quarter of the year. We witnessed significant movement not only in the major cities but also in our favorite seaside and ski resorts. Additionally, the season for buying rural houses is i...
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...
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...
