The real estate market in Bulgaria has started to recover after it came to a standstill due to the coronavirus pandemic. The property prices are expected to fall. However, prices of high-quality properties at good locations will not decrease. Interest in suburban houses has resumed. Buyers also show interest in holiday properties along the Black Sea coast and in the Bulgarian mountains. The prices of the properties sold in the last two months were 5%-10% lower as compared to the price levels registered before the crisis. The building companies demand 10%-20% of the total property price in advance when deals are signed prior to construction, an online discussion of National Real Estate Association, summarized by Dnevnik daily, shows.
Bulgarian investigative journalist Christo Grozev has been awarded the prestigious "Journalist of the Year" award at the PRIX EUROPA European media festival, which is supported by an alliance of 24 European public media outlets. Grozev, who is..
The Pumpkin Festival and the holiday of the village of Stefanovo will be held over the weekend, Dobrich Municipality announced. On Saturday, a solemn concert will be held with the participation of local bands, which will end..
To mark the 40th anniversary of Christo and Jeanne-Claude's monumental artwork, 'The Pont Neuf Wrapped', which transformed the iconic Parisian bridge into a work of art for fourteen days, the square adjacent to the bridge has been named 'Pont Neuf —..
To mark the 40th anniversary of Christo and Jeanne-Claude's monumental artwork, 'The Pont Neuf Wrapped', which transformed the iconic Parisian bridge..
On Saturday, the lowest temperatures will be between 2 and 7°C; in Sofia - about 2°C. Precipitation will begin to stop, but during..
The Municipality of Burgas has declared a partial state of emergency until October 6. Mayor Dimitar Nikolov said that evacuations will be carried out in..
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