Call
Send Email
Messenger
WhatsApp
Analysis of the Bulgarian property market for 1Q of 2013
The year started in a very dynamic way with an increased number of deals in the first quarter which is confirmed by the data of the Bulgarian Registry Agency. Most of the activity was until the middle of February, when buyers were very active and there was even a shortage of quality properties for sale. In January sales almost doubled compared to January 2012 and this placed the month among the strongest months since the beginning of the crisis which is unusual for this time of year.
Since mid-February we entered into a short waiting period because market participants wanted to see how the political situation in the country will develop. After mid-March the market regained its dynamics and managed to catch up with the activities after the short pause. Currently the market is comparable to that of last year and it is developing according to our expectations of a similarity to the trends and prices from 2012.
The main difference from last year is that besides the activity in the segment of holiday properties market, we also see activity by Bulgarian buyers in the big cities especially in Sofia and Plovdiv. These are buyers who have been delayingthe purchase of their first homes for a long time now and they believe the time has already come.
Receive BULGARIAN PROPERTIES' full real estate analysis and average property prices data on your e-mail
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...
