At the backdrop of the pandemic, more and more Bulgarians have been leaving the big cities in order to settle in calmer and healthier places. The mountain resort of Bansko is one of the places, where growing demand for real estate has been reported.
According to the statistics of real estate agencies, people are mostly looking for apartments in residential complexes, with a low maintenance fee, but with additional extras and close to the lift. The reason for this is that the resort offers various opportunities close to nature. It is suitable for young families with children and lovers of mountain sports.
Most buyers are Bulgarians, but there are also foreigners, including Serbs, citizens of North Macedonia, Romanians, British, and also citizens of Israel. As a result of the rising demand, real estate agents point out that prices have marked a significant rise. One of the reasons is that demand greatly exceeds supply.
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the..
Partly Cloudy
Mostly Cloudy
Clear