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

Record growth of mortgage loans in Bulgaria

Photo: pixabay

А гrowth of 24% is reported in the number of mortgage loans in Bulgaria for the first quarter of the year, said credit consultant Tihomir Toshev in an interview with BNR.

According to him, this is a record increase after 5 consecutive quarters of decline in mortgage loans and property transactions. He predicted that Bulgaria's admission to the eurozone could lead to another surge in property transactions. Low supply and high demand for property is expected to lead to property prices increasing by up to 3 - 5% by the end of the year.




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

The Netherlands remains the most attractive study destination for Bulgarian students

The interest of young Bulgarians in studying abroad has risen sharply , with a 30% increase compared to last year. In addition, the number of students leaving for the academic year 2024-2025 has increased by about 11%. This is what Kristina Bozhilova,..

published on 10/1/24 4:08 PM

Rumen Radev: Ending the violence in the Middle East requires international action

Our most important task at the moment is to ensure the safe return of all Bulgarian citizens who wish to be evacuated from Lebanon, President Rumen Radev told journalists in Burgas.  Noting that the escalation of the conflict in the Middle East had..

published on 10/1/24 2:28 PM

Half of young people fear financial problems, 25% are afraid of failing at work

Half of young people in Bulgaria with a monthly income of more than EUR 1 000 are afraid of financial problems , according to a representative survey by Trend. The "Young People in Bulgaria - Mental Risks, Challenges and Perspectives" survey was..

published on 10/1/24 1:27 PM