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

Nine in 10 Bulgarians own real estate

Photo: BGNES

Almost a quarter of a million real estate purchase and sale transactions were made in Bulgaria during the past year.

Real estate agents have registered an increase in the number of Bulgarians investing in property abroad, with 10,000 Bulgarians having purchased real estate in Greece in the past ten years. Nevena Stoyanova, head of an agency for luxury properties says that what clients are after when purchasing real estate in Greece is for the property to be close to nature and in a less built-up area. According to statistics, nine in ten Bulgarians own real estate, that is why the world crisis is not having a particularly strong effect on the real estate market in this country. There is a tendency of buying property in Dubai where the market is flexible and more open to capital from all over the world.



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

Plovdiv

Bulgaria sees biggest growth in housing prices in Ruse, Plovdiv and Sofia

Housing prices in Bulgaria continue to rise. In the second quarter of 2024, they increased by 3.4% compared to the previous quarter. The largest price growth was registered in the town of Ruse (+13.2%), followed by the cities of Plovdiv (+5.3%), Sofia..

published on 9/24/24 4:40 PM

Bulgaria and Romania's entry into Schengen by land borderes will be proposed on October 10

On October 10, the European Commissioner for Internal Affairs Ylva Johansson and the Minister of Internal Affairs of Hungary will propose to the Council of the EU that checks on the land borders of Bulgaria and Romania be abolished.   The..

published on 9/24/24 3:04 PM

PM Dimitar Glavchev to Bulgarians in the USA: What we lack is unity

Bulgaria's Caretaker Prime Minister Dimitar Glavchev, who is in the US for the Summit in New York, met in Chicago with businessmen, representatives of various Bulgarian organizations, schools and cultural centers.  He congratulated the..

published on 9/24/24 1:55 PM