Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

More real estate transactions in Burgas, 10% of buyers are foreigners

Photo: BTA

An increase in the number of real estate transactions has been registered in Burgas and the surrounding area, experts say, as reported by BNR-Burgas. During the first 6 months of 2024, more than 5,000 transactions are expected in Burgas, Nessebar, Pomorie and Tsarevo. The buyers are mostly young people aged 25-30, who are able to pay off their mortgage in the space of 20-30 years. Around 10% of the buyers are foreigners, mostly from Poland, Israel, Germany, and a small share from Ukraine.  

More and more often the demand is for more spacious and for gated community homes. According to statistics, the prices of homes in Burgas are in the EUR 900-1,000 per sq. m bracket in Madika residential area and EUR 1,400-2,000 in the city centre.  



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Caretaker Premier Dimitar Glavchev

The second group of Bulgarians is ready for evacuation from Lebanon

''The second evacuation flight from Lebanon will be carried out today around noon, provided the circumstances are favorable'', caretaker Premier Dimitar Glavchev said before inaugurating the reconstructed border checkpoint “Kalotina”. The flight crew..

published on 10/1/24 12:30 PM

Bulgaria and the US discuss holding the next session of the strategic dialogue by the end of the year

Bulgaria’s caretaker Minister of Foreign Affairs Ivan Kondov met in the United States with John Bass, Acting Under Secretary of State for Political Affairs. The two countries agreed that the next session of the strategic dialogue between Bulgaria and..

published on 10/1/24 12:11 PM

Bulgarian women live 7.4 years longer than men

300 women and 96 men  can share memories of Bulgaria from the last 100 years. The highest number of centenarians is in Sofia, indicate data from the National Statistical Institute on the occasion of October 1- the International Day of Older Persons...

published on 10/1/24 10:41 AM