In terms of house prices in 2025, the association forecasts that the current growth trend will continue, with an increase of 10 per cent or just over 10 per cent year-on-year. According to the Real Estate National Association, the stagnant market is due to the uncertainty surrounding the country's accession to the eurozone. It is expected that there will be price increases after Bulgaria's entry into the eurozone, but if it is delayed it is more likely that the market will remain at the same levels.
The trend towards buying larger properties is continuing, especially in Sofia, in areas suitable for families with children. Around higher education institutions and business parks, young people working and studying in these areas are looking for smaller homes. Investors who want to buy properties to rent them out also prefer smaller properties in these neighbourhoods.
Homebuyers in the country are creditworthy, around 35-40 years old, young enough to be able to get a loan for a longer period than 30 years. They have secure incomes and can service their loans. Some of them also have already accumulated savings which they can afford to buy the property they want with their personal funds.
Exactly at midnight, the Patriarch of the Bulgarian Orthodox Church Daniil announced the Resurrection of Christ and greeted the Bulgarians with “Christ is Risen” from the St. Alexander Nevsky Cathedral in Sofia . The laity gathered in front of the church..
During the night, the cloud cover will break and decrease. There will still be light rain showers in some places in the southern regions of Bulgaria until midnight. On Sunday morning, visibility will be reduced in some places in the..
The Bulgarian Orthodox Church, headed by Patriarch of Bulgaria and Metropolitan of Sofia Daniil and members of the Holy Synod, sent a patriarchal and synodal Easter message to Christian believers. "May the joy of the news of..
Exactly at midnight, the Patriarch of the Bulgarian Orthodox Church Daniil announced the Resurrection of Christ and greeted the Bulgarians with “Christ is..
“Today, united by the power of our faith in the redemptive sacrifice of Jesus Christ, we celebrate together again and are inspired by His Resurrection...
Monday will be mostly sunny . In some places in the lowlands and valleys in the morning hours there will be short-term fog. Mainly in the Rila-Rhodope..
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