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

Record growth of mortgage loans in Bulgaria

Photo: pixabay

А гrowth of 24% is reported in the number of mortgage loans in Bulgaria for the first quarter of the year, said credit consultant Tihomir Toshev in an interview with BNR.

According to him, this is a record increase after 5 consecutive quarters of decline in mortgage loans and property transactions. He predicted that Bulgaria's admission to the eurozone could lead to another surge in property transactions. Low supply and high demand for property is expected to lead to property prices increasing by up to 3 - 5% by the end of the year.




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

Red heat alert for Blagoevgrad, Ruse, Pleven, Veliko Tarnovo; orange for the rest of the country

Tuesday will be sunny and very hot. Minimum temperatures will be between 17 and 23°C, 17°C in Sofia. Maximum temperatures will be between 37 and 42°C, 37°C in the capital.   A red heat warning has been issued for the districts of Blagoevgrad, Ruse,..

published on 7/15/24 7:05 PM

PP-DB ask President Radev to delay the handing of the second cabinet-forming mandate

At a meeting with President Rumen Radev, We Continue the Change- Democratic Bulgaria (PP-DB) asked the country’s head of state to delay the handing of the second cabinet-forming mandate to allow them to seek broad public support for the proposed..

published on 7/15/24 6:03 PM

Specialists in Bulgarian studies from three continents exchange experience and gain knowledge at a seminar in Veliko Tarnovo

Specialists in Bulgarian studies from 32 countries across three continents are participating in a three-week seminar on Bulgarian language and culture, which began today at the  University  of Veliko Tarnovo. According to the BNR’s correspondent in..

published on 7/15/24 5:40 PM