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.
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 European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment..
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