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.
Bulgaria is holding its seventh election in three years. As in the last elections in June, turnout is low. According to a Radio Bulgaria vox populi poll in central Sofia, the general opinion is that what is needed is good governance. That means clear..
A screening of the film "MPO - 100 Years Struggle for Freedom" will be held on November 9 at the Bulgarica Cultural Center in Chicago, USA, according to the Center's Facebook page. The film will be shown at 19:00 local time. The film is about the..
There are no reports of serious problems with the election day in Turkey for Bulgarian citizens voting in the early parliamentary elections, reports the special envoy for the elections there Maria Petrova. Voting is being done en masse by machines, but..
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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