Bulgarian property prices show lowest drop since the beginning of the crisis

According to data from the Bulgarian National Statistical Institute (BNSI) about prices of apartments in regional cities in 1Q 2012 they have remained similar to those in the last quarter of 2011. Polina Stoykova, Chief Operations Manager of Bulgarian Properties, said "The average nominal decrease of prices in the country on a quarterly basis is [...]

By | April 26th, 2012|Articles|

Analysis of the Bulgarian Real Estate Market – Q1 2012

Polina Stoykova, Chief Operations Manager of Bulgarian Properties gives us an insight into the property market in Bulgaria so far this year In the first quarter of 2012 the number of sales remained similar to the same period in 2011, which is positive news on the background of an uncertain economic recovery. At present the [...]

By | April 24th, 2012|Articles|

Bulgaria’s Danube bridge to be completed by November

The Bulgarian Government has announced that the second Danube bridge, linking Vidin in Bulgaria to Calafat in Romania, will be complete by November 2012. Transport Minister, Ivailo Moskovski, announced this week that 72 per cent of the long-anticipated bridge and 88 per cent of the surrounding infrastructure is now finished. The new completion date marks [...]

By | April 7th, 2012|Articles|

Why you should look further in Northern Central Bulgaria

People have been attracted to the properties in the Northern Central region of Bulgaria for many years now. Surrounded by the breathtaking mountains and at the foot of Stara Planina Mountains, Veliko Tarnovo the old capital of Bulgaria has become the region for the largest population of foreigners living all year round. What first attracted [...]

By | March 22nd, 2012|Articles|

Bulgarian countryside represents value for money

The cost of a country home in Bulgaria has dropped to levels last seen in 2006 As a leading estate agency there reports that since the beginning of 2012 rural properties have sold for an average price of just €15,500, compared to €18,900 for the same period last year. Bulgarian Properties added that this is [...]

By | March 18th, 2012|Articles|

Stability returning to the Bulgarian market?

Property-owners in Bulgaria will welcome the news that prices for apartments on the whole remained unchanged in the last quarter of 2011 compared to the third quarter, according to a new report from the Bulgarian National Statistics Institute. Year-on-year, the average price of an apartment has decreased by a mere 1.5 per cent and encouragingly [...]

By | February 6th, 2012|Articles|

Bulgaria attracting more Russians

The number of Russian nationals awarded Bulgarian visas in 2011 rose by more than 30% compared to the previous year. The total number of visas awarded to Russians in 2011 totalled 390,882, according to the Bulgarian Foreign Affairs Ministry on Wednesday. The information was reported Wednesday by the press centre of the Bulgarian Foreign Affairs [...]

By | January 9th, 2012|Articles|

€50K – Bulgaria’s magic number in 2011

The most sought after homes in Sofia, Bulgaria’s capital, during 2011 were apartments costing around the €50,000, while the most active buyers were young families. Leading agency Bulgarian Properties, who made the findings, also reported that while the property market in Bulgaria remained relatively stable in 2011, overall prices fell. While apartments in Sofia accounted [...]

By | December 30th, 2011|Articles|

Bansko Ski Season 2011/2012 Now Open

On December 17th in Bansko, the winter capital of the Balkan Peninsula, officially opened the new 2011/2012 ski season. Special guests at the event were the skiing legend Petar Popangelov and Bansko’s honorary citizen - Marc Girardelli. The legend Marc Girardelli was the first to try the ski slope. The five time World Cup champion [...]

By | December 20th, 2011|Articles|