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

Bulgarian real estate market overcomes the crisis

Photo: BGNES

Property transactions in Sofia have increased by 20% in September compared to 2019, and in the whole country by 13%. The real estate market has recovered after the blow in the spring, said the mayor of Sofia Yordanka Fandakova at the opening of a three-day virtual exhibition for construction, innovation, real estate and investment.

Fandakova referred to the assessment of the credit rating agencies, according to which Sofia has a stable outlook and a credit rating equal to the state credit rating. This provides an opportunity for better conditions for financing the priority Sofia city projects for the expansion of the subway, the completion of the waste management system and the construction of 10 strategic sites to facilitate traffic, BTA reported.



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

The Institute for Market Economics calls for budget deficit below 3%

We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR.  In presenting the institute's alternative state budget, the..

published on 11/4/24 11:27 AM

The five largest Indian IT companies already have offices in Bulgaria

Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..

published on 10/31/24 5:48 PM

A Bulgarian-Czech Chamber of Commerce established in Sofia

On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..

published on 10/31/24 1:54 PM