Text size

More and more Ukrainians buy homes in Bulgaria

published on 2/28/23 2:31 PM

Photo: BGNES

The war in Ukraine and the refugee wave to Bulgaria have had an impact on the housing market, which was previously stagnant due to the pandemic.

Rental prices in the country have increased by around 30-40%. This is what Maria Parova, manager of a large real estate agency, said in an interview with Radio Varna. In the period from the end of 2022 to the beginning of this year, more and more Ukrainian citizens bought property in Bulgaria. The demand is for all kinds of properties, and the leading consideration in their choice is the price and the budget they have.

Overall, however, the country has seen a decline in the number of property transactions in the last two quarters of 2022.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News market property real estate war in Ukraine

More from category

21 years since the tragedy in the River Lim in which 12 Bulgarian children lost their lives

It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On 4 April, 2004, a group of 34 students and 16 adults from Svishtov were returning home from a school..

published on 4/4/25 5:22 PM

Bulgaria, Azerbaijan, Turkey and Georgia sign green energy cooperation pact

Bulgaria, Azerbaijan, Turkey and Georgia have signed a Memorandum of Understanding in Baku on cooperation in the transmission and trade of green energy. The document was inked by the energy ministers of Bulgaria and Azerbaijan, Zhecho Stankov and..

published on 4/4/25 4:34 PM

President Radev (R) and King Abdullah II

Aqaba Process summit in Sofia addresses terrorism, migration and radicalisation in the Balkans

The President of Bulgaria, Rumen Radev, and the King of Jordan, Abdullah II, are hosting the Aqaba Process Summit, which focuses on the Balkans and brings together nearly 30 delegations. These delegations are led by Heads of State, government..

published on 4/4/25 3:53 PM