Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Crediting animates real estate market in Bulgaria

Photo: library

Expert analyses show that the drop in credit interest rates in Bulgaria played a crucial role in animating the real estate market in 2016.

More than half of the real estate deals in Sofia were made on mortgage loans, the share of purchases with outside financing continues its upward trend and experts are expecting demand for credits in 2017 to go up by 10-15 percent. All this is pushing real estate prices up. In Sofia the increase is by 7-10 percent, in the other large towns and cities in the country – by 4-7 percent. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Velingrad sheep breeders are fighting to protect their herds

Representatives of the Food Safety Agency have arrived in Velingrad to take new samples from the 1,700 sheep quarantined because of a suspected plague outbreak.  BNR correspondent in Pazardzhik Nevena Petrova reported that the Food Agency..

published on 11/27/24 2:06 PM

Bulgaria's President opens business forum in Ho Chi Minh during his Vietnam visit

At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian  President Rumen Radev pointed out that Bulgaria can offer a wide range of opportunities for developing mutually beneficial cooperation...

published on 11/27/24 1:46 PM

The Prosecutor's College allowed Sarafov to a hearing before the Supreme Judicial Council's Plenum

The Prosecutor's College of the Supreme Judicial Council approved the reports of the Commission on Attestation and Competitions and the Commission for Professional Ethics regarding the candidacy of Borislav Sarafov for Chief Prosecutor, reported BTA...

published on 11/27/24 12:25 PM