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.
"We must stand on historical truth in order to build good neighborly relations with North Macedonia", said Bulgaria’s President Rumen Radev at Sofia University during the presentation of a prototype edition of the "Macedonian Almanac''. The first..
No significant change in the weather is expected over the next 24 hours. It will remain cloudy with widespread and, in many areas, heavy rainfall. It will snow above 600-800 meters. By the end of the day, the rain in the southwestern regions will..
The European Flood Awareness System (EFAS) has issued a warning of expected complications in Bulgaria on 3 October . Interior Minister Daniel Mitov announced this at a meeting on the readiness of institutions to respond to the expected significant..
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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