Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Record growth of mortgage loans in Bulgaria

Photo: pixabay

А гrowth of 24% is reported in the number of mortgage loans in Bulgaria for the first quarter of the year, said credit consultant Tihomir Toshev in an interview with BNR.

According to him, this is a record increase after 5 consecutive quarters of decline in mortgage loans and property transactions. He predicted that Bulgaria's admission to the eurozone could lead to another surge in property transactions. Low supply and high demand for property is expected to lead to property prices increasing by up to 3 - 5% by the end of the year.




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

Electricity price for households increases, hot water and central heating price falls

As of today, the price of electricity for household consumers will rise by an average of 1.7%, while the price of central heating and hot water will decrease by 8.5%, the Energy and Water Regulatory Commission said. The biggest increase in..

published on 7/1/24 7:05 AM
Rumen Radev

President Rumen Radev to hand the first government-forming mandate

Today, President Rumen Radev will hand over the first government-forming mandate to the candidate for Prime Minister nominated by the largest parliamentary group, GERB-SDS. Last week, Bulgaria’s head of state held consultations with the..

published on 7/1/24 6:05 AM
Patriarch Daniil

Patriarch Daniil: I accept the cross of the patriarchal ministry entrusted to me today

The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in  St. Alexander Nevsky  Cathedral. The gathered laity chanted "Worthy" and applauded him.  ''Conscious of my..

published on 6/30/24 6:30 PM