Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian real estate market overcomes the crisis

Photo: BGNES

Property transactions in Sofia have increased by 20% in September compared to 2019, and in the whole country by 13%. The real estate market has recovered after the blow in the spring, said the mayor of Sofia Yordanka Fandakova at the opening of a three-day virtual exhibition for construction, innovation, real estate and investment.

Fandakova referred to the assessment of the credit rating agencies, according to which Sofia has a stable outlook and a credit rating equal to the state credit rating. This provides an opportunity for better conditions for financing the priority Sofia city projects for the expansion of the subway, the completion of the waste management system and the construction of 10 strategic sites to facilitate traffic, BTA reported.



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

Bulgarian processors import rapeseed from Canada due to a shortage of raw materials

One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a..

published on 4/12/25 4:04 PM

Fitch affirms Bulgaria's rating at BBB; Outlook Positive

Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook, reported BTA. ''Bulgaria's ratings are supported by its strong external and public finance balance sheets versus..

published on 4/12/25 9:36 AM

Minister Petar Dilov: VMZ-Sopot will not be privatized

There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..

published on 4/8/25 12:04 PM