At the backdrop of the pandemic, more and more Bulgarians have been leaving the big cities in order to settle in calmer and healthier places. The mountain resort of Bansko is one of the places, where growing demand for real estate has been reported.
According to the statistics of real estate agencies, people are mostly looking for apartments in residential complexes, with a low maintenance fee, but with additional extras and close to the lift. The reason for this is that the resort offers various opportunities close to nature. It is suitable for young families with children and lovers of mountain sports.
Most buyers are Bulgarians, but there are also foreigners, including Serbs, citizens of North Macedonia, Romanians, British, and also citizens of Israel. As a result of the rising demand, real estate agents point out that prices have marked a significant rise. One of the reasons is that demand greatly exceeds supply.
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the..
Bulgaria has taken on new foreign debt of 3 billion euro and 1.5 billion US dollars, the Finance Ministry has announced. The triple tranche of Bulgarian..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain