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Euphoria Fading on Bulgaria's Housing Market
After peaking in 2021-2022, transactions and, construction permits are now declining, and price growth is slowing down
Bulgarian housing prices soar as Eurozone ones fall for the first time in years
Records double-digit growth of prices fueled by a housing loan boom meets plummeting demand
Shift in Bulgaria's Real Estate Landscape: Deals Drop for Fourth Consecutive Quarter
Мortgage financing is playing a substantial role in the real estate market, with 54% of transactions in Sofia involving mortgages
Bulgaria's housing prices soar ten times faster than the EU average
Low-interest mortgage loans and inflation are the main drivers
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
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
Increase in real estate deals slows down in Q2 compared to first one
Sofia doesn’t see an increase in deals and other big cities also feel the cooling of the market
The real influence of Russia in Bulgaria, part 2: The real players
In the second article of a two-part series, KInsights explores how Putin’s war in Ukraine exposed that Bulgarian politics remains hostage to a powerful pro-Kremlin network holding key positions in the state
2022 starts with a 100% increase in real estate deals in Nessebar and 9% in Sofia
Nessebar joins top 10
The long road to Kiev, still no budget and top 10 IT companies in Plovdiv
How Bulgaria and others helped Russia get to Kiev, still no budget and top 10 IT companies in Plovdiv
The week: It's all going well if you are a bank, but not if you're a mayor, and a small village has a big waste problem
The honeymoon ends fast for the new government, economic optimism rises
18 steps to government: What did the parties decide after a week of negotiations?
Cabinet talks led by election winner We Continue the Change run smoother than the previous two attempts, but difficult steps still have to be taken
What the caretaker gov’t did - and where it faltered
Stefan Yanev’s first cabinet exposed many of the previous administration’s flawed practices but failed to fix many of them
Housing loans granted in Q2 ’21 in Bulgaria reach 12-year peak
Transport & logistics sector leads among corporate borrowers in April-June
Bankruptcies on the rise. That's not as bad as it sounds
The number of companies that ceased operations in the first four months of 2021 rose by 15% year-on-year. Meanwhile, newly registered firms are also increasing.
The dark era of Bulgarian football
Over the past 15 years, professional football has turned into a closed system of interests, mired in corruption scandals and deteriorating quality. This might be finally coming to an end.