Property prices on the Black Sea coast have risen by 20%, Nova TV reported, citing major real estate agencies in the Burgas region. Most of the buyers are from Bulgaria and are looking to buy large apartments as an investment, mainly for holiday use.
Agents say it is becoming increasingly difficult to find properties in smaller resorts that meet buyers' requirements. Bulgarians prefer new construction with no maintenance fees, while foreign buyers seek luxury properties in gated complexes. The most expensive properties are well furnished and offer sea views.
"There are offers for three-bedroom apartments in excess of €100,000, studios are priced around €50,000 and two-bedroom apartments range between €70,000 and €80,000. These are the average prices for Nessebar, Ravda, Sunny Beach and Sveti Vlas," says Elena Toncheva, an estate agent.
"Flower in a Test Tube" is an innovative project that creates a new product using plant biotechnology. But it does more than that—it tells a story about the power of the human mind and heart. The idea comes from Petar Neftelimov, a young man born with..
The annual growth of incomes outpaced that of expenses in 2024. According to data from the National Statistical Institute, in 2024 the average annual total income per household member in Bulgaria reached 12,857 BGN (6,573.68 EUR) and increased by 18.5%..
The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific, Market and Regulatory Aspects", held today in Stara Zagora. It was highlighted that 53% of the..
sunshine, cloud, rain and thunder
Partly Cloudy
Clear
Partly cloudy, chance of rain
Mostly Cloudy