Real estate prices in Sofia have more than doubled for the past 14 months and they are expected to continue rising. 70% of the deals are for two- and three-room apartments. They are also the most expensive, Vasil Lyunchev, an analyst of the real estate market, told BNR.
"In March 2021, the average price of a 3-room apartment in Sofia was 80,000 euros. In May 2022, the price reached 175,000 euros. This is the average type of apartment most often sold in Sofia," Lyunchev says. High inflation encourages people to invest in property. But an expected rise in mortgage rates could cool the market down, experts say.
If they had the opportunity, 85 per cent of workers in thermal power plants and coal mines in the Stara Zagora, Pernik and Kyustendil regions would remain in the energy sector. These results are from a survey conducted by the Confederation of Independent..
The consumer basket currently costs 101 leva (EUR 51.64), compared to 94 leva (EUR 48.06) for the same period in 2024. This represents an increase of 7 leva (EUR 3.58 euros), announced Vladimir Ivanov, Chairman of the Commodity Exchange and Wholesale..
The municipality of Gabrovo has secured nearly 17 million leva in funding to develop an "innovation valley", local authorities have announced. The project includes the transformation of the former Radion Umnikov School into a centre for digital skills..
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute...
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