At the backdrop of the pandemic, more and more Bulgarians have been leaving the big cities in order to settle in calmer and healthier places. The mountain resort of Bansko is one of the places, where growing demand for real estate has been reported.
According to the statistics of real estate agencies, people are mostly looking for apartments in residential complexes, with a low maintenance fee, but with additional extras and close to the lift. The reason for this is that the resort offers various opportunities close to nature. It is suitable for young families with children and lovers of mountain sports.
Most buyers are Bulgarians, but there are also foreigners, including Serbs, citizens of North Macedonia, Romanians, British, and also citizens of Israel. As a result of the rising demand, real estate agents point out that prices have marked a significant rise. One of the reasons is that demand greatly exceeds supply.
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious..
Overcast, rain
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder