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Nesebar sees record number of real estate deals in 2022
On a national scale, the property market is gradually cooling down but no rapid changes are expected
The week: Some lessons from Romania, handshakes in Parliament, and a call to people who love cities
K Insights newsletter: 21/04
Devnya Cement: double revenues, splendid profits
Company strongly improves its results in 2021 thanks to stronger demand and cost optimization
Housing loans in Bulgaria rank among the EU’s cheapest
Over-liquidity at local banks and the BNB’s policy ease the ECB tightening
The week: The two types of entrepreneurs, How Nexo affected politics, Bulgaria cashes in on the markets
What stories do we need to tell more
Spirits producer VP Brands to buy vinegar maker Veda
The anti-trust body has put two conditions, as the deal will give a dominant position to the united group
Growth in housing prices in Plovdiv, Varna and Burgas
In the two seaside cities deals increased at the beginning of 2022, but in Plovdiv their number decreased slightly
Rents going up more slowly than housing prices
Home rents increase, following the rise in mortgage payments, incomes and inflation.
Nikola Stoyanov, Luximmo: Bulgarians are buying real estate abroad, especially in Greece, Dubai and Spain
The richest are attracted to the French Riviera and more recently the alpine resorts, the founder and manager of a high-end real estate agency tells "Capital"
The top ten owners of office buildings in Sofia
They own 600 thousand square meters of offices in Sofia or half of the total available 1.24 million square meters of class A areas in the capital.
The housing market: the top is near
High demand and low supply drive prices up. War, weakening economies and rising mortgage rates may cool down the market
Demand for housing in Burgas is greater than supply
New construction projects now expand the city towards the mainland - and some of them are quite large
First drop in real estate deals in Bulgaria since the pandemic
The number of property sales falls 7% year-on-year in the third quarter, with the contraction in Sofia twice as big
Gabrovo continues to promise good yields from properties
There are deals with one-bedroom apartments for renovation for about 70,000 BGN in the city center and about 55,000 BGN in the neighborhoods. However, the supply is very limited and is mostly socialist-era housing
The increase in real estate deals is slowing down in the second quarter
Activity in Bulgaria’s real estate market is beginning to decline. In Sofia, the number of sales of real estate practically stopped going up in April-June 2022