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.
The average life expectancy in Bulgaria has started to rise again and reaches 75.6 years, the government press service announced. The positive trend is mainly associated with the subsiding impact of the Covid-19 pandemic. The average..
The Bulgarian Ministry of Education and Science is organizing a national round table on 20 November on the topic “Are Restrictions Needed on Children’s Access to Social Networks?” The initiative is in cooperation with the parliamentary..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special administrator took control of its local assets. LUKOIL Neftohim special administrator removes board chair..
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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