Housing prices in Bulgaria have been steadily rising for several years, the result of a growing economy and low interest rates, agents said. Across the country, prices were up 6 percent in the third quarter of 2018, compared to the same period a year earlier, according to an index provided by Bulgaria’s National Statistical Institute. […]
After a long housing-market slump triggered by the global real estate crisis, when prices dropped on average about 30 percent below their 2008 highs, Bulgaria is seeing housing prices rise this year for the first time, brokers said. About 10 percent of the Bulgarian housing market is made up of foreign buyers, said Stanislav Petrov, […]
The housing market is still reeling from the global crisis. During its bubble period from 2000 to 2008, home prices grew 300 percent, partly in anticipation of the country’s joining the European Union in 2007, said Stanislav Petrov, the sales manager for Select Properties Bulgaria, an agency based in the coastal city of Bourgas. During […]
