There is a 12% decrease in the volume of transactions for the sale of real estate and an increase in prices by almost the same percentage. This is what experts in the field of real estate report at the annual conference of agents and brokers, which took place in Burgas on November 3-4, reported BNR correspondent in Burgas Daniela Kostadinova. Despite the drop in the number of transactions, compared to 2021, as well as new construction, where they report a 50% drop, prices are not falling due to greater demand.
According to the chairman of the branch association, Alexander Boychev, there are no artificially inflated prices in the sale of real estate, and the homes are massively sold before the buildings are built.
Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic..
The son of the US President - Donald Trump Jr. and Gila Gamliel, Minister of Science and Technology of Israel, will participate in a business forum in Sofia on April 27, organized by the global digital asset platform Nexo , the company announced...
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a difficult time for Europe, a time when the world is changing rapidly, when it is more important than ever..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
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