Bulgarian Property Agencies report a 20% increase in sales compared to the summer of 2012, reports Novinite.com. According to the Bulgarian National Television (BNT), as cited by econ.bg, there has been an increased interest in the luxury properties. Also, properties purchased via mortgage loans have decreased.
In the summer of 2013, Bulgarians mostly opt for two-bedroom apartments in the capital. Currently, real estate prices vary between EUR 500 – 1000 per square meter.
Top areas for foreign buyers in the summer of 2013 are traditionally coastal, mountain and rural properties in Veliko Tarnovo area.