Plovdiv, Burgas, Varna and Sofia are among the top 30 of 150 European cities in terms of real estate affordability, Dobromir Ganev of the National Real Estate Association told Radio Sofia.
Bulgaria is the most affordable property investment destination in Eastern Europe, the expert said. Among the country's major cities, Plovdiv is the most affordable, followed by Bourgas and Varna, while Sofia is the least affordable. In Sofia, he says, the average price of an apartment is 350-400 thousand leva. Some of the most sought-after areas in the capital are from the central parts towards Vitosha Mountain.
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's..
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In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index..
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