BULGARIAN PROPERTIES Agents of August 2024

AGENTS OF SEPTEMBER!

We are proud to announce our Agents of the Month who distinguished themselves with outstanding results and tireless work in August!

The real estate market in Bulgaria continued to move at a good pace last month. Property prices continue to rise and the demand continues to be higher than the supply. It looks like we are in for a very dynamic autum...

What happened on the real estate market in the first half of 2024?

98,178 property sales were made in the first half of 2024, according to statistics from the Registry Agency. Compared to the first 6 months of 2023, there was a very small drop in the number of transactions, which then stood at 98,832. The main reason for this is not the lack of interest, but the limite...

According to NSI data for the first quarter of 2024, residential property prices in Bulgaria have risen by 16% compared to a year earlier. Such accelerated growth has not been recorded since 2022. By comparison, in 2023, annual price growth was about 10%.

NSI also recorded a similar upward movement in household incomes, with data for the first quarter of 2024 showing that the countr...

House prices in the first quarter of 2024 were down 0.4% in the euro area and up by 1.3 % in the European Union (EU), recent data that Eurostat made public on Friday shows. The data has Bulgaria leading EU in quarter-to-quarter increase in house prices and second after Poland in terms of year-on-year growth in the first quarter.

Eurostat highlighted a comparison with Q4 of 2023, sho...