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

Non-issuance of till receipts among most frequent violations in seaside resorts

Within the space of two weeks National Revenue Agency officials have inspected 800 outlets along the Black Sea coastline – catering establishments, discotheques, bars, grocery stores , the agency has announced. More than 150 statements of violation..

published on 7/13/24 5:43 PM
Filiz Hyusmenova

Filiz Hyusmenova: The accusations of threats made on the basis of ethnicity are ridiculous

“The Movement for Rights and Freedoms' resistance forces are not against ethnic qualities and characteristics, but against the way decisions are made, against management, separation and confrontation.” This is what MP Filiz Hyusmenova, who was the..

published on 7/13/24 4:23 PM
Nikolay Denkov

Nikolay Denkov: Any attempts to form a stable government would be a complete illusion

“This parliament is like quicksand – war in the Movement for Rights and Freedoms, a split Bulgarian Socialist Party, Velichine falling apart,” said former PM Nikolay Denkov, chair of the parliamentary group of We Continue the Change/Democratic..

published on 7/13/24 2:11 PM