Expectations of experts for 2023 are for a more balanced real estate market, the chairman of the National Real Estate Association, Dobromir Ganev, has told the BNR.
According to him, in recent years there has been an overlap of many factors that have led to a high interest in the housing market, as this is valid not only in Bulgaria. "In 2022, we saw house price indices reach a record high as they marked 15-16% growth in the second quarter compared to the same period of 2021. We expect a decline in growth, which will probably fall from 15% to 10% or below," Ganev said. According to him, there would be a decline in the number of deals, but this will only apply to some cities.
President Rumen Radev has issued decrees appointing ambassadors to Slovakia, Serbia and Tunisia. Snezhana Ivanova Yoveva-Dimitrova has been appointed ambassador to Slovakia, Angel Aleksandrov Angelov to Serbia, and Boryana Ivanova Simeonova to..
The Prime Minister of North Macedonia and leader of the ruling party VMRO-DPMNE, Hristijan Mickoski, has once again accus еd Sofia of failing to respect the rights of the “Macedonian minority” in Bulgaria. At the opening of the VMRO–DPMNE Albania..
“The time for a referendum on the euro has irreversibly passed”, said Vice President Iliana Iotova, BGNES reported. “I see no grounds for President Rumen Radev to submit once again to Parliament his proposal for a referendum on the euro. The..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to..
Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western..
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