Home > Overseas Property News

Bulgaria's property market slows



Country:  Bulgaria

4 February 2009

Bulgaria’s property market has finally shown signs of slowing, after official figures compiled by the country’s National Institute of Statistics (NSI) showed that Bulgaria property prices began to fall in Q4 2008.

Despite the property price slowdown in the final quarter of last year, the average price of a property in Bulgaria still recorded annual appreciation of 24.9% in 2008.

Sofia (excl. Sofia City), recorded the greatest levels of capital growth in 2008 (47.8%), followed by Lovech (35.7%), Plovdiv (33.1%), Pleven (31.8%), Ruse (30.9%), Yambol (29%) and Sofia City (28.5%).

However, a fall in demand for homes in Bulgaria is likely to see prices stagnate, or even fall - in some cases considerably - across some parts of the country in 2009.

Some Bulgarian agencies are reporting a fall of up to 40% in sales as a consequence of greater interest rates, a lack of liquidity and more stringent lending conditions.


See Also:   bulgaria


<< Previous News item
Within Bulgaria
With tag "bulgaria"
Next News item >>
Within Bulgaria


Some properties in Bulgaria

Ref 2775263, Montana, Lom, Bulgaria

Ref 2775263, Montana, Lom, Bulgaria

Price: £1,643

Type: Villa

Bedrooms: 2

Rural house with a big garden located in a calm village 15 km away from the town of Lom.  The house has one floor and a living area of 50 sq.m. It consists of 3 rooms. There is electricity and water supply. The house needs renovation.


Ref 3150672, Sofia, Pravets, Bulgaria

Ref 3150672, Sofia, Pravets, Bulgaria

Price: £1,808

Type: Land

We are glad to offer to you this plot located in a charming village 10 km away from the town of Pravets and the golf course. The plot has a size of 1099 sq.m. There are a lot of trees. There is electricity and water supply nearby.


NS-skal13, near Elhovo (Elhovo area), Bulgaria

NS-skal13, near Elhovo (Elhovo area), Bulgaria

Price: 2,701GBP

Type: land

970 sq m plot of land


Ref 2213782, Razgrad, Bulgaria

Ref 2213782, Razgrad, Bulgaria

Price: £2,712

Type: House

Old rural house located in a calm village 15 km away from the town of Razgrad, 35 km away from the town of Targovishte. The house has 2 floors and a living area of about 130 sq.m. There is a cellar and a room on the first floor.


Ref 352598, Montana, Lom, Bulgaria

Ref 352598, Montana, Lom, Bulgaria

Price: £2,876

Type: House

Bedrooms: 3

Pay attention to this nice house situated in the center of a peaceful village only 22km away from the town of Lom. The house is small, cosy and has one floor. It consists of four rooms. There is electricity – and water – supply available.


Ref 358400, Montana, Bulgaria

Ref 358400, Montana, Bulgaria

Price: £2,876

Type: House

Bedrooms: 2

Take a look at this nice house situated in a quiet village only 30km away from the town of Montana. The house is nice and has one floor. It has living area of 60sq.m.and consists of three rooms and a corridor.


Ref 3150689, Montana, Lom, Bulgaria

Ref 3150689, Montana, Lom, Bulgaria

Price: £2,876

Type: Villa

Bedrooms: 2

What we offer to you is a cheap old house situated in a calm village 15 km away from the town of Lom. The house has a living area of 70 sq.m. consists of 3 rooms and a corridor. There is electricity and water supply. The house needs renovation.


Ref 3150688, Montana, Lom, Bulgaria

Ref 3150688, Montana, Lom, Bulgaria

Price: £2,958

Type: House

Bedrooms: 2

Charming house with big garden located in a picturesque village 11 km away from the town of Lom. The house is brick built and has one floor. It has a living area of 80 sq.m. and consists of 3 rooms and a corridor.


Ref 462978, Sofia, Etropole, Bulgaria

Ref 462978, Sofia, Etropole, Bulgaria

Price: £2,958

Type: Land

This nice property is located in a charming village 8km away from the town of Etropole. The garden is 1000 m2 on a size. There is a barn in the yard.


Ref 2775259, Vraca, Oriahovo, Bulgaria

Ref 2775259, Vraca, Oriahovo, Bulgaria

Price: £3,041

Type: House

Bedrooms: 2

Old brick house situated in a calm village 20 km away from the Oryahovo, 60 km away from the town of Vratsa. The house is massive and has one floor. It has a living area of about 60 sq.m.


featured properties

Price: €185,000

Bedrooms: 4, 2 ensuite showers

Private sauna, garden, terrace. Metres from Super Borovets ski gondola & golf course. Surrounded by pine forests.

More

Prices from: €31,208

Bedrooms: 1 & 2

A distinguished and elegant luxury complex where you can experience an unforgettable holiday in cozy home atmosphere in the southern part of the most distinguished resort of Bulgaria

More

Prices: €107,013 to €171,051

Bedrooms: 2

Premier Village is a small oasis within the heart of Bansko, equipped with all the luxuries that even the most demanding clients can ask for.

More

Prices from: £26,187

Bedrooms: 4

A 4 bedroom two-storey rural house with garden, outbuildings and well.

More