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

Demand for larger-area housing is on the rise

Photo: library

A 5-6% rise in housing prices in large Bulgarian cities has been observed. The market has been developing extremely well. This was what Dobromir Ganev, President of the board at National Real Estate Association has told BNR.

According to him, demand at the moment is focused on larger properties or ones that offer flexible spaces, larger open areas such as terraces, balconies, loggias, including ground floors with green spaces. There is also demand for houses and plots near the big cities.

The expert says the demand for this type of property was dictated by the pandemic. In the new conditions, the rental market in big cities has been the most affected, as well as that of the office areas.



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

President Radev has not included DPS-New Beginning in the consultations on the formation of a government

President Rumen Radev continues consultations with parliamentary groups for the formation of a new government, after meeting with GERB-SDS and PP-DB today . However, a meeting with DPS - A New Beginning led by Delyan Peevski is not scheduled. This..

published on 12/10/24 3:24 PM

National Assembly Speaker Kiselova promises that the 2025 Budget would be adopted in a short time

At a meeting with caretaker Premier Dimitar Glavchev, National Assembly Speaker Natalia Kiselova reaffirmed her intention that the state budget for 2025 be adopted as soon as possible. Before that, however, the parliamentary committees are to..

published on 12/10/24 2:21 PM
Consultations with GERB/SDS

President Radev begins consultations on the formation of a government

The formation of a majority is a pretty challenging task in a highly fragmented parliament. I am glad that parliament is starting its work in substance, said President Rumen Radev at the beginning of his meeting with representatives of GERB/SDS at..

published on 12/10/24 1:36 PM