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.
Bulgaria's president has not refused to appoint a new ambassador to Ukraine, Rumen Radev's press service said. There was a proposal from the Denkov-Gabriel cabinet for an ambassador to Ukraine in October 2023, which the president had approved,..
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES. They are closely followed by the Serbs, who drive an average of 20,028 kilometres per year, and the..
Wednesday will be sunny until noon, when clouds will move in from the northwest, bringing short, intense showers and thunderstorms. The risk of hail remains high. Lows will be between 17 and 22°C, 17°C in Sofia. Highs will be in the 30-35°C range, 30°C..
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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