Property Prices in Bulgaria
The property prices in Bulgaria have dropped on average by 12.4% in the first three months of the year according to information of the National Statistics Institute. The sharpest price drop was in Veliko Turnovo – 25.1%, followed by Kyustendil – 21.5% and Blagoevgrad – 20.5%. The average price for the country is 1190.7 levs (608 Euros) per sq m. The most expensive apartments are in Varna – 1982 levs (1013 Euros) per sq m, closely followed by Sofia – 1980 levs per sq m.
Now is a good time to buy a property according to estate agents and there are no expectations in the next two years for the property price to start going up.
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Category: Bulgaria, Property | Tags: apartment, Euros, expense, lev, properties, Property, property in Bulgaria, Sofia, varna, Veliko Turnovo Comment »