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

Bulgaria’s property market revives in first quarter of 2016

Photo: library

The number of deals with real estate properties has seen a 12% increase in the first three months of 2016, as compared to the same period in 2015, Chairman of Real Estates National Association Orlin Vladikov announced. The sharp increase of the property sales is mainly due to the drastic decline of the interest on bank deposits. The increased interest towards real estate properties pushed the prices of the properties up. The property prices in Bulgaria increased between 5% and 10% since the beginning of 2016, Mr Vladikov further commented.




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

Atanas Ilkov

Newly appointed Interior Minister promises fair elections

The new caretaker Interior Minister, Atanas Ilkov, has promised that there will be no turmoil in the Interior Ministry. If there are any changes, they will be cosmetic, he said as he took over the ministry from caretaker minister Kalin Stoyanov...

published on 8/27/24 2:51 PM

The new carataker cabinet is sworn in

At an extraordinary meeting of the National Assembly, the members of the caretaker Council of Ministers, appointed by decree of President Rumen Radev, together with Prime Minister Dimitar Glavchev, took the oath before the people's representatives...

published on 8/27/24 11:44 AM

Travelling to Sofia Airport may take longer due to construction works

Temporary difficulties are possible on the road to and from Terminal 2 of Sofia Airport due to construction activities . On its Facebook page, Sofia Airport reports that the road to the terminal, the entrance and the exit is being widened and..

published on 8/27/24 11:30 AM