Podcast in English
Text size
Bulgarian National Radio © 2023 All Rights Reserved

Nine in 10 Bulgarians own real estate

Photo: BGNES

Almost a quarter of a million real estate purchase and sale transactions were made in Bulgaria during the past year.

Real estate agents have registered an increase in the number of Bulgarians investing in property abroad, with 10,000 Bulgarians having purchased real estate in Greece in the past ten years. Nevena Stoyanova, head of an agency for luxury properties says that what clients are after when purchasing real estate in Greece is for the property to be close to nature and in a less built-up area. According to statistics, nine in ten Bulgarians own real estate, that is why the world crisis is not having a particularly strong effect on the real estate market in this country. There is a tendency of buying property in Dubai where the market is flexible and more open to capital from all over the world.

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sofia Zoo got two Indian elephants

Two female Indian elephants arrived at Sofia Zoo from Augsburg Zoo, Germany. Frosya and Louisa travelled over 1,500 km to the Bulgarian capital in a special elephant transport truck of a Dutch wildlife transport company.  While they settle in and..

published on 9/21/23 2:35 PM
Заседание на НС, 20 юли 2023 г.

Parliament adopts amendments to the Measures Against Money Laundering Act in line with European requirements

MPs have finally adopted amendments to the Measures Against Money Laundering Act , which introduce a European directive aimed at preventing the flow into the country's economy of funds obtained from criminal activities, including those related to..

published on 9/21/23 2:14 PM

Bulgarian citizenship will be awarded in a special ceremony

Those who have voluntarily renounced their Bulgarian citizenship will not be able to restore it , MPs decided at the first reading of the amendments to the Bulgarian Citizenship Act. Naturalization will be granted only to those who have not been..

published on 9/21/23 12:57 PM