An increase in the number of real estate transactions has been registered in Burgas and the surrounding area, experts say, as reported by BNR-Burgas. During the first 6 months of 2024, more than 5,000 transactions are expected in Burgas, Nessebar, Pomorie and Tsarevo. The buyers are mostly young people aged 25-30, who are able to pay off their mortgage in the space of 20-30 years. Around 10% of the buyers are foreigners, mostly from Poland, Israel, Germany, and a small share from Ukraine.
More and more often the demand is for more spacious and for gated community homes. According to statistics, the prices of homes in Burgas are in the EUR 900-1,000 per sq. m bracket in Madika residential area and EUR 1,400-2,000 in the city centre.
On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced. Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..
The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans. A statement..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
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