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

Demand for larger-area housing is on the rise

Photo: library

A 5-6% rise in housing prices in large Bulgarian cities has been observed. The market has been developing extremely well. This was what Dobromir Ganev, President of the board at National Real Estate Association has told BNR.

According to him, demand at the moment is focused on larger properties or ones that offer flexible spaces, larger open areas such as terraces, balconies, loggias, including ground floors with green spaces. There is also demand for houses and plots near the big cities.

The expert says the demand for this type of property was dictated by the pandemic. In the new conditions, the rental market in big cities has been the most affected, as well as that of the office areas.



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

Sunny weather in most of Bulgaria on Thursday, with fog near rivers

Overnight it will be clear. The wind will die down in most areas. After midnight along the Danube River, in lowlands and near rivers fogs will form and visibility will be reduced with low clouds. Minimum temperatures will be between minus 3°C and 2°C,..

published on 11/27/24 7:25 PM

EU ambassadors reach agreement on Bulgaria’s entry into Schengen by land

The ambassadors of the EU Member States have reached a preliminary agreement on the draft decision to abolish checks at internal land borders for Bulgaria and Romania. This is planned to happen on January 1, 2025. The decision is expected to be finally..

published on 11/27/24 5:45 PM

Shopping malls vow to step up security after series of aggressive acts

Shopping malls in Sofia and across the country will increase the number of security guards where needed. Additional panic buttons are also to be put in place if retailers wish, the Bulgarian Retail Association said. Groups of suspicious persons will be..

published on 11/27/24 4:44 PM