Real estate sales in Bulgaria are up 23% in the first quarter of 2013 – hopefully spelling good things for the country for the rest of the year.

Article written by The Overseas Guides Company

The positive results were announced by the Bulgarian Registry Agency this week who also stated that a total of 44,174 sales were concluded in this year’s first quarter. More than 24,000 of these deals were in Bulgaria’s regional cities (55 per cent).

The number of deals concluded in the capital city, Sofia, clocked in at 3,600 rather than 3,324 that were recorded this time last year. This demonstrates an 8.3 per cent increase. Plovdiv is leading the way with a 28.6 per cent growth followed by Varna (18 per cent) and Bourgas (17.5 per cent).

These increases show that the city markets are awakening following in the footsteps of the summer resorts markets. This overall increase confirms that interest from both local and foreign buyers is on the up – hopefully this time around, the upward trajectory will only continue.

To browse properties for sale in Bulgaria, visit the listings on Rightmove Overseas. One way to save money when buying property in Bulgaria or living there is to use currency specialist Smart Currency Exchange when transferring your pounds into euros. For more information on this, visit the Currency Zone.

To understand the full step-by-step process to buying a property in Bulgaria, collect The Overseas Guides Company’s ‘Bulgaria Property Buying Guide

The views and comments herein are those of the author and do not necessarily reflect the views or opinions of Rightmove Overseas, Rightmove Group Ltd or Rightmove Plc