The real estate market in Bulgaria has started to recover after it came to a standstill due to the coronavirus pandemic. The property prices are expected to fall. However, prices of high-quality properties at good locations will not decrease. Interest in suburban houses has resumed. Buyers also show interest in holiday properties along the Black Sea coast and in the Bulgarian mountains. The prices of the properties sold in the last two months were 5%-10% lower as compared to the price levels registered before the crisis. The building companies demand 10%-20% of the total property price in advance when deals are signed prior to construction, an online discussion of National Real Estate Association, summarized by Dnevnik daily, shows.
More than 500 delegates from 150 countries have arrived in Bulgaria for the 61st session of the Intergovernmental Panel on Climate Change (IPCC) . The plenary session of the most influential international scientific organisation in the field of climate..
The 33rd Summer Olympics will be officially opened in Paris today. On this occasion, Bulgaria's Head of State Rumen Radev is in the French capital to attend the opening ceremony at the invitation of French President Emmanuel Macron and IOC President..
A fire broke out in a fireworks warehouse complex between the town of Elin Pelin and the village of Gara Elin Pelin near Sofia, the BTA news agency reported. There was a series of explosions in the warehouses. The alert for the burning warehouses was..
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with..
A fire broke out in a fireworks warehouse complex between the town of Elin Pelin and the village of Gara Elin Pelin near Sofia, the BTA news agency..
Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post..
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