In June, banks granted BGN 1.237 billion in mortgage loans. This represents a 22% increase compared to May and over 36% compared to June last year. Reasons for the strong demand: Record demand for housing, despite high prices. Low interest rates and high liquidity in banks. Expectations that the eurozone will have a positive impact on investment. Lack of alternative…
Customer behavior in the European real estate market (2024-2025) is shaped by evolving economic conditions, technological advancements, and changing lifestyle priorities. Here’s a breakdown… Cautious Optimism & Return to Stability: After a period of economic uncertainty (2022-2023), sentiment is improving with moderating inflation and interest rate cuts by central banks (ECB). Investment activity is picking up, especially in H1 2025,…
Preferences for New Construction: 25% of buyers are interested exclusively in new construction. 50% prefer new builds but would consider older properties if the conditions are favorable. New construction is the main driver of the real estate market, particularly in major cities. Market Activity and Forecasts: Predictions of falling prices and activity turned out to be false. The market is…
Phase 2 – construction of the new block in Sunny Paradise We have started construction of a new block on our complex territory. The new block will have 2 bedroom apartments, parking spaces and garages. Don’t miss the opportunity and book apartments in the new block now. We are waiting for you! See you! Contact us here.
Introducing “Shoreline Symphony” – a new seaside landmark. On the coast of Nessebar, Bulgaria, construction has begun on the new residential building “Shoreline Symphony”, a modern six-story building inspired by the horizon and the eternal rhythm of the sea. Located next to the Old Town of Nessebar, the residential building offers panoramic sea views, spaciousness and a sense of…
In less than 10 years, between 2015 and 2023, house prices in the EU rose on average by 48%. The biggest increase is marked in Hungary, where prices rose 173%, and the lowest in Finland, with just 5%. Bulgaria: +86.6% The main reasons contributing to the rise in prices are higher building costs and mortgage rates, a decrease in construction…
