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 Bulgaria - News

We’ve trawled the Internet for every story connected with property in Bulgaria so you don’t have to.  By checking the news reports regularly and thinking through the consequences of each piece of news, you should be able to get a good idea as to how quickly or slowly property prices in the market are going to rise in the near future.

The information in this section only tells half the story, however, as only a small proportion of Bulgarian property news is translated in English, which means that the locals are getting a lot more useful information than foreigners are.

Investing in the wrong markets could make the difference between making tens of thousands and losing tens of thousands over the next few years.  If you’re seriously considering investing in Bulgaria, then you should think of subscribing to our Premium Service so that you can get breaking news from the market at the same time the Bulgarians are hearing it.
 

Click here now to get better informed.

 Home Supply Rising Date posted: 02.10.2007 
The resort apartments segment of the real estate market in Bulgaria is growing at an increasing pace, real estate consultants Colliers said on Tuesday.
 
 Easier Credit Available Date posted: 01.10.2007 
Bulgarians are on a shopping spree, buying homes, cars, home cinema and household appliances on credit and loans that were far from accessible until the turn of the millennium.
 
 Greens Battle Rila Project Date posted: 01.10.2007 
A battle is currently being waged between environmentalists and developers over plans to turn Bulgaria's highest and most untouched mountain into a major winter sports centre.
 
 Highest Property Ownership Date posted: 29.09.2007 
Bulgaria has one of the world's highest rates of property ownership and tops the chart in Europe, a study shows.
 
 Sofia Prices Up 20% Date posted: 26.09.2007 
Real estate consultants Colliers Partners Bulgaria said on October 17 that there had been an increase in average asking sales price in some Sofia areas of about 20 per cent in the first half of 2007.
 
 Housing Costs 30 Salaries Date posted: 25.09.2007 
Almost 30 average Bulgarian annual salaries are needed to buy an apartment in Bulgaria, making it one of the most expensive countries in the EU.
 
 Young Brits Big Buyers Date posted: 25.09.2007 
Almost a third of properties in Bulgaria are being bought by foreign nationals with 20 to 35 year-old Britons now a big proportion of Bulgarian real estate buyers.
 
 Large Increase in Building Date posted: 25.09.2007 
Bulgaria rates second in the EU as to a rise in the building sector over the first three months of 2007, as compared to the last three months of 2006.
 
 10% Increase Before End 2007 Date posted: 17.09.2007 
Property prices in the bigger cities in Bulgaria will rise with 10 per cent before the end of the year is the concensus of most Bulgarian real estate agents.
 
 Sofia Rents Up 4% Date posted: 12.09.2007 
Average residential rental prices in Sofia rose by nearly four per cent between the beginning of June and the end of August 2007.
 
 Bansko Prices Falling Date posted: 10.09.2007 
Prices in Bansko fell another 10% between May and July as 150 real estate companies report that they did not sell a single property in the period.
 
 Less Brit Buyers: More Russians Date posted: 10.09.2007 
A leading realtor reports that buyers from Russia and Eastern Europe are replacing British and Irish as the biggest buyers of Bulgarian property.
 
 Sofia Growth Double Projections Date posted: 07.09.2007 
The average asking sales prices in emerging neighborhoods in the southern part of Sofia are reaching for the EUR 1,000/m2 mark shows the latest research findings from Colliers International.
 
 450.000 Brits To Bulgaria Date posted: 07.09.2007 
About 450,000 UK nationals visit Bulgaria every year, the British Ambassador, Jeremy Hill said
 
 Bulgarian Credit Boom Date posted: 06.09.2007 
Easier access to dreit has sent Bulgarians on a sending spree, buying homes, cars, home cinema and household appliances on credit and loans that were far from accessible until the turn of the millennium.
 
 EUR800m Invested in Sozopol Date posted: 06.09.2007 
More than 800 million euro private capital has been invested in Bulgarian coastal town of Sozopol in the period from 2003 to 2007.
 
 High Risk of Liquidity Crisis Date posted: 04.09.2007 
Latvia , Iceland, Bulgaria and Turkey could be among the most hurt if global risk aversion and tight liquidity continue, according to a Standard & Poor's ranking of 15 countries from Eastern Europe, the Middle East and Africa.
 
 Black Sea Resort Crisis? Date posted: 04.09.2007 
Tourism on Bulgaria's Black Sea coast is undergoing a crisis, with many hotels remaining closed this year.
 
 Continued Interest in Black Sea Resorts Date posted: 04.09.2007 
The interest in holiday complexes along Bulgaria’s Black Sea coast increased 3 to 5 times compared to 2006, a leading Bulgarian realtor has announced.
 
 New Ski Resort for Rila Date posted: 04.09.2007 
New developments are set to begin within the next six weeks on Rila Mountain, Bulgaria’s highest peak and close to the country’s capital, Sofia.
 
 Botanical Garden for Balchik Date posted: 04.09.2007 
Nearly 120 000 sq m of land of the botanical garden in the Bulgarian coastal town of Balchik will be transformed into an attractive tourism site.
 
 40,000 Brits Own Property Date posted: 03.09.2007 
An estimated 40,000 Britons now own property in Bulgaria, and there is still plenty of demand pushing up prices. But brokers warn that there should no longer be any expectations of quick, easy returns.
 
 Budget Flights Open Up Sofia Date posted: 03.09.2007 
Overseas property investors may soon be sizing up Sofia, after Easyjet announced it will run direct flights to the Bulgarian capital.
 
 New Record for Sofia Property Date posted: 01.09.2007 
A luxurious property in downtown Sofia has been sold at the record-high price of EUR 6316/m2, a new record, according to reports.
 
 Sofia: Investment Paradise? Date posted: 30.08.2007 
A property expert says that Sofia holds good investment potential for the future as it is emerging but at a slightly slow pace compared to other more developed CEE countries.
 
 International Problems Affect Market Date posted: 29.08.2007 
The increase in Bulgaria in 2008 will be slower than in 2007 because of the residential property market crises in the US and Europe.
 
 Stable Growth For Sofia Date posted: 29.08.2007 
A property expert concludes that Sofia shows definite signs it is emerging but at a slightly slow pace compared to other more developed CEE countries.
 
 Iztok District#1 Growth in Sofia Date posted: 29.08.2007 
Residential property prices in Sofia saw the highest increase in the Iztok borough for the first six months of 2007.
 
 Partial House Sales Popular Date posted: 27.08.2007 
A growing trend in Bulgaria these days is to split houses into smaller segments before selling them on, particularly popular in smaller Bulgarian cities.
 
 Bulgarians Abroad Buy More Date posted: 24.08.2007 
Bulgarians working and living abroad rank among the main residential property buyers in Bulgaria in the summer, an increase in 10% over the number of buyers in 2006.
 
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