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.
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to Tourism Minister Miroslav Borshosh, recognizing the country’s inclusion in a network of leading..
On December 15 at 6 p.m., the traditional festive ceremony for lighting the Bulgarian Christmas tree in Las Vegas will take place at BESO Restaurant, according to eurochicago.com. The tree will be adorned with ornaments featuring Bulgarian motifs, most of..
The final round of the twelfth edition of the Rose Water Recipe Award was hosted by the Bulgarian Embassy in Tokyo. According to a Facebook post by the diplomatic mission in Japan, the competition was organised by the Bulgarian Rose Cultural..
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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