Expectations of experts for 2023 are for a more balanced real estate market, the chairman of the National Real Estate Association, Dobromir Ganev, has told the BNR.
According to him, in recent years there has been an overlap of many factors that have led to a high interest in the housing market, as this is valid not only in Bulgaria. "In 2022, we saw house price indices reach a record high as they marked 15-16% growth in the second quarter compared to the same period of 2021. We expect a decline in growth, which will probably fall from 15% to 10% or below," Ganev said. According to him, there would be a decline in the number of deals, but this will only apply to some cities.
At the Boyana Residence in Sofia, Bulgaria's caretaker Prime Minister, Foreign Minister Dimitar Glavchev, welcomed the diplomatic staff at a reception marking the Bulgarian Diplomatic Service Day - 19 July and the 145th anniversary of the founding of..
There are no active fires in the country right now , the Bulgarian Ministry of the Interior announced. The fire in the villages of Voden, Kraynovo and Strandzha near Yambol has been contained on all fronts. On Tuesday, a walkthrough will be made and if..
The former Bulgarian Minister of Defense Nikolay Nenchev will be temporarily in charge of the Bulgarian Embassy in Ukraine. This decision was taken by the Bulgarian caretaker government to end the more than a year-long deadlock between the Council of..
There are no active wildfires on the territory of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the start of the government meeting...
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES...
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with..
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