In terms of house prices in 2025, the association forecasts that the current growth trend will continue, with an increase of 10 per cent or just over 10 per cent year-on-year. According to the Real Estate National Association, the stagnant market is due to the uncertainty surrounding the country's accession to the eurozone. It is expected that there will be price increases after Bulgaria's entry into the eurozone, but if it is delayed it is more likely that the market will remain at the same levels.
The trend towards buying larger properties is continuing, especially in Sofia, in areas suitable for families with children. Around higher education institutions and business parks, young people working and studying in these areas are looking for smaller homes. Investors who want to buy properties to rent them out also prefer smaller properties in these neighbourhoods.
Homebuyers in the country are creditworthy, around 35-40 years old, young enough to be able to get a loan for a longer period than 30 years. They have secure incomes and can service their loans. Some of them also have already accumulated savings which they can afford to buy the property they want with their personal funds.
According to the preliminary results of the parliamentary elections, the MECH party is emerging as a new player in parliament. The acronym MECH stands for "Morality, Unity, Honour". The party was founded in October 2023 by lawyer Radostin Vasilev , a..
Data from the parallel count, with 100% of the sample counted, by the polling agency Gallup International Balkan, partner of BNR in the coverage of the vote, show that 8 parties and coalitions enter the 51st National Assembly, one is on the edge of the..
Election day in Frankfurt went smoothly, Katya Zlatkova, a member of a polling station committee in the city, told Radio Bulgaria. She noted two factors that made voting a little difficult, but they were mainly logistical. One is that this election is..
Data from the parallel count, with 100% of the sample counted, by the polling agency Gallup International Balkan, partner of BNR in the coverage of the..
The turnout reached 28.5% by 5 p.m., Gallup International Balkan reported. By 3:00 p.m., voter turnout in the..
As of 4pm, the average turnout across the country was 26.25%, according to the Central Election Commission (CEC). This was announced at a briefing by..
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