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House prices fell during the second quarter of 2010

28.09.2010

House prices fell during the second quarter of 2010 Data from the National Statistical Institute highlighted that house prices fell during the second quarter of 2010 by an average of 0.8 %. This is a good opportunity for all customers looking for buying property in Bulgaria. The most attractive regions left Varna and Dobrich for sea coast and Stara Zagora, Veliko Tyrnovo, Elena for mountain regions. Now is appropriate time for viewing trips combining it with holiday taking the low prices of the hotel offers.
In news which may interest those looking for house in Bulgaria specially in Varna or properties for sale in Stara Zagora, the data highlights that 1,441 residential permits were issued between April and June 2010 for a total of 3,933 apartments, reports the Novinite.
This represents increases of 46 % and 41 per cent respectively, compared with January to March 2010. However, it marked drops of 21 % and 13 % year-on-year.
In particular, construction is picking up in the Varna region, where 176 permits were issued, followed by city of Sofia, the Burgas region, the Plovdiv region and the Sofia region.
The number of construction permits issued in Bulgaria increased in the second quarter of 2010, compared to the first three months of the year, according to figures from the National Statistics Institute.
The highest number of residential units will be built in Varna, followed by Blagoevgrad, Sofia and Plovdiv.


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We would like to say a big THANKS to Kunka & Hristo from Bulgarian House team. You've been a great help to us, not only with the things involved with buying a house in Bulgaria, setting up a company and all the paperwork ect, but also when we've had other questions relating to life in general in Bulgaria we had no one else to ask but Kunka,. She's gone above & beyond her role as an estate agent, she must have bent over backwards to be as helpful as she possibly can & has kept us well informed every step of the way with regards to the sale. Thanks again, Kate & Mel xXx

— Kate & Melvin, UK