The prices of real estate in Bulgaria and the EU have increased significantly in the past five years, data of Eurostat about the period 2014-2018 show. The property prices in the EU rose 15% on average and prices of real estates in the Eurozone saw 11% increase. Estonia ranks first in the ranking, where property prices increased with 83%. Cyprus places last in the ranking. Property prices in this country fell with 8%. In Bulgaria property prices increased with 14% in 2014, 2.3% in 2015, 7% in 2016, 8.7% in 2017 and 6.6% in 2018. Real estate prices in Bulgaria rose 26% in the past five years. Biggest collapse in the property prices in Bulgaria was registered in 2009-20%. In 2010 property prices in this country fell with another 10%. According to Eurostat, 7 in 10 EU citizens possess own properties. In Bulgaria and Romania nearly 97% of the citizens possess real estate properties. Germany ranks last in this ranking. Only 51% of the German citizens possess own properties.
At the moment, there is no direct threat to our country stemming from the sharp deterioration of the security environment in the Middle East, President Rumen Radev announced after the three-hour meeting of the Consultative Council on..
We must be prepared for the worst-case scenario because the situation is escalating after Iran’s direct attack against Israel, said caretaker Minister of Defence Atanas Zapryanov for public service TV BNT. “We have response steps which is the next..
10,335 tons of roses have been produced in Bulgaria in 2024, almost 1,000 tons more than last year, the Consultative Council on Oil Bearing Roses says. There are almost 3,000 rose producers registered in the country, and 53 rose oil distilleries..
Caretaker Minister of Foreign Affairs Ivan Kondov is leading the Bulgarian delegation at the 45th session of the Ministerial Conference of La..
Due to the official recommendation of the European Commission and the European Union Aviation Safety Agency (EASA), Bulgaria Air has canceled all..
On Friday, lows will be between 10 and 15 degrees Celsius , 13°C in Sofia. Maximum temperatures will be between 26 and 31°C, 28° in the capital. During..
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sunshine, cloud, rain and thunder
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