No Comments

The number of transactions in urban real estate in Bulgaria is growing

12% increase in the number of transactions for the purchase of real estate in Bulgaria for the first quarter of 2016 compared with the same period last year.

It seems that the market begins to revive after a long period of stagnation – this contributes to the decline in interest on deposits in Bulgarian banks and understanding the customers, that further lowering of prices will not makes sense to buy now.

The growth in the number of transactions of purchase and sale has led to higher prices on the real estate on average by 5-10% compared to last year.

The prices on the resort property, especially those not in the first line, continue to fall – now quite possible to buy apartments in Sunny beach (5-6 lines) for €10-15 thousand.

In this case demand only the real estate with favorable location (on the beach or near ski lifts).

At the same time, falling demand for rural property, and as a consequence prices: house with land in the Bulgarian provinces can now be purchased for 5-6 thousand BGN (€2,5 – 3 thousand).

c5f957faa8a0ae1e147ffc1acf8be627 - The number of transactions in urban real estate in Bulgaria is growing

According to the materials of rus.bg

Photos Depositphotos.com