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.
Bulgaria was hit by severe weather on Friday, with snow in the western parts and torrential rain in the East, the Bulgarian News agency BTA reported. Three men, including two rescuers died in a coastal resort after heavy rainfall..
Krastyo Peev from the Civic Association “Public Council” in Nessebar has reported to the Bulgarian National Radio about “dead people and people trapped in hotels that need to be evacuated and dozens of cars and pavilions in the sea”..
Velichie party leader Ivelin Mihaylov said in parliament that together with MECH and Vazrazhdane parties they have collected the necessary signatures to file a complaint with the Constitutional Court. They are challenging the..
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..
Mostly Cloudy
Partly Cloudy