a
Print
version

60% of All Mortgage Loans in Bulgaria are Given in Four Major Cities

  • 15
The main reason for this phenomenon is the higher income of the population.

According to the Bulgarian Registration Agency, almost 60% of all mortgage loans in the country were concluded in Sofia, Plovdiv, Varna and Burgas in the first quarter of 2021. Just a few years ago, these four cities accounted for less than 50% of the country's mortgage market. In the first quarter of 2019, the share of four cities increased to 54.17%, and in 2020 reached 57.17%, writes Trud.

In Sofia, 34.25% of all mortgage loans were concluded in the first quarter of 2021. This is a new record for the share of home loans made in the capital. The value was 32.97% for the same period last year, and in previous years it ranged from 26% to 30%.

The main reason for this phenomenon is salaries that are higher in large cities, which allows their residents to buy more real estate through loans. The pandemic is also increasing the number of transactions with rural homes. But in most of these transactions, buyers do not use a mortgage, because they have the necessary amount at their disposal. In extreme cases, they take out a consumer loan.

Low interest rates on mortgages are one of the reasons for the good performance of the real estate market. This trend started before the pandemic, but has continued over the past year. As a result, the Bulgarian real estate market showed the highest results in the first quarter in the last six years.

Examples of residential real estate in Bulgaria:
Flat for 60 000 euro in Sveti Vlas, Bulgaria
60 000 €
Flat in Sveti Vlas, Bulgaria
65 sq.m 2 1 1
Credit
For sale one studio of 38 m2 at a price of 25,000 euros and 5 one-bedroom apartments with furniture and appliances, minimum area of 65 m2 prices from 60,000 euros, all with sea views, apartment on the fifth floor with panoramic views of Old Nessebar. LOCATION OF THE COMPLEX Villa Antorini complex is located 100 meters from the beach, in the...
METR 777
Apartment for 144 665 euro in Sveti Vlas, Bulgaria
144 665 €
Apartment in Sveti Vlas, Bulgaria
105 sq.m 3 2
ID29877490 Apartment with 2 bedrooms in a complex with a swimming pool Price: 144 665 euros Locality: Sveti Vlas Rooms: 3 Total area: 104.83 sq. m . Floor: 3/6 Service fee: 1258 euros Construction Phase: ready 2024 We offer for sale an apartment with 2 bedrooms. It consists of a small entrance hall, a living room with a...
OAZIS REALTY
Apartment for 52 200 euro in Nesebar, Bulgaria
52 200 €
Apartment in Nesebar, Bulgaria
69 sq.m
ID 30021486 We offer for sale a spacious studio on the second floor with a huge terrace in the Kabana Beach Club complex, Nessebar Cost: 52 200 euros Locality: Nessebar, Kabana Beach Rooms: 1 Total area: 69 sq.m. Floor: 2 of 5 Service fee: 7 euro/sq.m./year Construction stage: The building is put into operation - Act 15 Payment...
OAZIS REALTY
Flat for 33 000 euro in Byala, Bulgaria
33 000 €
Flat in Byala, Bulgaria
30 sq.m 1 1
Online Viewing Remote Transaction
EXCLUSIVE OFFER. Spacious one-room apartment (studio) with an area of 30 sq.m. on the 4th floor with a terrace and panoramic windows with a beautiful view. The apartment is located in a residential complex in the city of Byala. The beach is 150 meters away on a flat terrain. The apartment is sold fully furnished - with a built-in kitchen, hob,...
Korekt Estejt - Byala i Obzor
Flat for 42 700 euro in Byala, Bulgaria
42 700 €
Flat in Byala, Bulgaria
45 sq.m 1 1 1
Online Viewing Remote Transaction
iBG PROPERTY offers to your attention: Furnished studio apartment on the 3rd floor of 5, with a total area of 45 sq.m. The living area is 34 sq.m. The building has an elevator. Swimming pool. Excellent layout, well-groomed common areas. Beautiful view from the balcony to the sea. The beach is 400 meters away. As a distribution - a separate...
IBG Property
Flat for 290 900 euro in Sveti Vlas, Bulgaria
290 900 €
Flat in Sveti Vlas, Bulgaria
90 sq.m 3 2 2
Three-room apartment in a luxury complex on the first line in "Arena", Sveti Vlas Area: 90 sq.m, Floor: 3/6 Layout: entrance hall, living room with kitchen area, two bedrooms, two bathrooms and a terrace. The apartment is sold furnished and equipped. Arena - luxury complexes in St. Vlas, on the first line of the sandy beach, in...
Happy Home
Cottage for 129 000 euro in Drachevo, Bulgaria
129 000 €
Cottage in Drachevo, Bulgaria
298 sq.m 4 3 2
TTwo-storey house with a plot in the village of Drachevo Area: 297.5 sq.m, Floors: 2, Plot: 950 sq.m Layout: 1st floor - entrance hall, kitchen, living room, bathroom and fireplace. 2nd floor - three bedrooms, bathroom, storage room and two terraces. In the basement: garage, boiler room, workshop, warehouse. The house is located in...
Happy Home
Apartment for 62 999 euro in Sveti Vlas, Bulgaria
62 999 €
Apartment in Sveti Vlas, Bulgaria
88 sq.m 3 2
Two-bedroom apartment in a residential building with a sea view "Blue Heaven", in Sveti Vlas. Private swimming pool and a private garden of 85 sq m The property is suitable for year round living. The apartment is fully furnished, located on the 1st floor (out of 4) and consists of: an entrance hall, a living room with a kitchenette, two...
New Estate
Apartment for 84 000 euro in Sveti Vlas, Bulgaria
84 000 €
Apartment in Sveti Vlas, Bulgaria
106 sq.m
ID 31947548 For sale: Studio in Lazur 4 complex in Sveti Vlas, Bulgaria Cost: 84,000 euros Location: Sveti Vlas Rooms: Studio Total area: 106 sq.m. Floor: 5/6 Service fee: 650 euros per year Construction stage: commissioned - Act 16 Payment scheme: 2000 euro - deposit 100% when signing a notarial deed of ownership The...
OAZIS REALTY
Flat for 126 000 euro in Topola, Bulgaria
126 000 €
Flat in Topola, Bulgaria
105 sq.m 3 2 2
Online Viewing Remote Transaction
New spacious two-bedroom apartment on the first line For sale a spacious two–bedroom apartment with an area of 105 sq.m. The apartment is located on the second and third floors - a duplex apartment The apartment consists of a living room, 2 bedrooms, a corridor, 2 bathrooms with a toilet and a spacious balcony. On the ground floor there is...
Korekt Estejt - Byala i Obzor
Cottage for 275 000 euro in Pomorie, Bulgaria
275 000 €
Cottage in Pomorie, Bulgaria
196 sq.m 4 3 3
House 1 km from the sea, suitable for permanent residence in Pomorie Rooms: 4 Bathroom: 3 Terrace: 2 Area: 196 sq.m Plot: 350-550 sq.m Number of floors: 2 Support fee: no Beautiful two-storey houses under construction with the possibility of building a swimming pool, located in the Lahana area, 8 minutes drive from Burgas. The...
Happy Home
Apartment for 64 900 euro at Sunny Beach, Bulgaria
64 900 €
Apartment at Sunny Beach, Bulgaria
50 sq.m 2 1
1 bedroom apartment in Tarsis complex, Sunny Beach, Bulgaria ID 32151500 1 bedroom apartment in Tarsis complex Price: 64 900 Euro Location: Sunny Beach Rooms: 2 Total area: 50 sq. M. Floor: 3/7 Maintenance payment: 400 euro Stage Of Construction: Act 16 Payment: 2000 Euro deposit, 100% upon signing a title deed. We...
OAZIS REALTY
Flat for 235 000 euro in Saints Constantine and Helena, Bulgaria
235 000 €
Flat in Saints Constantine and Helena, Bulgaria
136 sq.m 3 2 1
Two -bedroom apartment intantine and Helena resort! Complex Katerina! 250 meters from the beach! Mineral pool! We offer for sale a furnished apartment in the residential complex Katerina, located in the beautiful resort of St. St. Konstantin and Elena, just 250 meters from the beach. The combination of centuries-old deciduous forests, beach,...
STEFANOV INVEST
Apartment for 52 500 euro at Sunny Beach, Bulgaria
52 500 €
Apartment at Sunny Beach, Bulgaria
52 sq.m 2 1 1
Cozy and beautiful apartment in a quiet and cozy area of Sunny Beach Rooms: 2 Bathroom: 1 Terrace: 1 Area: 52 sq.m Floor: 1/6 To the sea: 700 m Elevator: yes ACT 16 Support fee: 8 euros/sq.m per year Sea Diamond is located in a quiet part of Sunny Beach, opposite the complex there is a river and a large natural park with rich...
Happy Home
Flat for 87 500 euro in Sveti Vlas, Bulgaria
87 500 €
Flat in Sveti Vlas, Bulgaria
31 sq.m 1 1 1
Online Viewing Remote Transaction
Studio in the elite residential complex "Onyx" 2nd floor 31 sq. m. price 87,500€. St. Vlas 1 line. Services in the complex: Beautiful landscaped area Two outdoor pools Sunbathing and relaxation area Reception and concierge service Restaurant/Bar The spa area Children's playground Open and closed parking Security with video...
NV-COMPANY
Apartment for 114 000 euro in Nesebar, Bulgaria
114 000 €
Apartment in Nesebar, Bulgaria
70 sq.m 2 2 1
Citizenship Online Viewing Remote Transaction Cryptocurrency payment
Esteban is an elegant and modern resort complex located 300 m from the beach (5 min walk). It is part of a pleasant and quiet area between the resorts of Ravda and Nessebar, 5 km from Sunny Beach. The complex is distinguished by its eye-caressing architecture, and the proposed resort apartments provide a high level of rest and accommodation.
DOMA V BOLGARII
Flat for 53 500 euro in Elenite, Bulgaria
53 500 €
Flat in Elenite, Bulgaria
59 sq.m 2 1 1
Apartment with sea view in the complex "Villa Astoria 3", Elenite Rooms: 2 Bathroom: 1 Terrace: 1 Area: 59 sq.m Floor: 2/4 To the sea: 200 m Elevator: yes ACT 15 Support fee: 12 euro/sq.m per year Villa Astoria 3 is a residential complex, part of the Villa Astoria network, which is comfortably located on the...
Happy Home
Studio for 18 900 euro at Sunny Beach, Bulgaria
18 900 €
Studio at Sunny Beach, Bulgaria
25 sq.m 1 1
Studio in the Sunny day 6 complex, Sunny Beach Rooms: 1 Bathroom: 1 Terrace: no Area: 25 sq.m Floor: 1/4 To the sea: 4 km Elevator: no ACT 16 Support fee: 580 euros per year Sunny Day 6 is a huge settlement—type complex with 46 residential buildings, located in a quiet and peaceful area of Sunny Beach. The infrastructure of...
Happy Home
Apartment for 78 000 euro at Sunny Beach, Bulgaria
78 000 €
Apartment at Sunny Beach, Bulgaria
87 sq.m 2 1
ID 32972242 Price: 78,000 euros Locality: Sunny Beach Rooms: 2 Total area: 87 sq. m. Floor: 3 Support fee: 830 euros per year Construction stage: the building has been put into operation - Act 16 Payment scheme: 2000 euro deposit, 100% upon signing the notarial deed for ownership. We offer for sale a two-room apartment in...
OAZIS REALTY
Studio for 58 499 euro in Sveti Vlas, Bulgaria
58 499 €
Studio in Sveti Vlas, Bulgaria
40 sq.m 1 1
Spacious studio on the first line in the k-se "Panorama Fort Beach", Sveti Vlas Rooms: 1 Bathroom: 1 Terrace: 1 Area: 40 sq.m Floor: 3/6 To the sea: 50 m Elevator: yes ACT 16 Support fee: 14.50 euros/sq.m per year Panorama Fort Beach is a modern apartment complex, part of the large Fort Noks Grand Resort project, located 300m...
Happy Home

Quoting conditions of Prian.info materials

Share the link:
Tags: Bulgaria, Market Analysis, Real Estate

Read also

High interest rates will have a long-term impact on European home prices – opinion of Standard & Poor’s
In most European countries, housing costs will fall by about 8% by the end of 2024.
The short-term rental sector in the EU has strengthened by 50% over the year
In 2022, the largest increase in the number of nights compared to 2019 was registered in Sweden...
Experts are expecting an increase in real estate prices in Bulgaria after entering the Euro-zone
They think the country will become more appealing to investors.
EU tourism performance exceeds pre-pandemic levels
The number of nights spent in EU tourist accommodation reached 2.9 billion in 2023.
Housing prices in the EU have increased by almost 50% in 12 years
Purchase prices are rising faster than rental rates.
The European hotel sector has fully recovered from the pandemic. However, there are nuances
Eurostat has named the most successful countries in this regard.

Interesting to read

News and articles on the topic «Bulgaria»

The data on housing prices in Bulgarian cities in the last quarter of 2023 has been revealed

There are facts about the quarterly and annual price fluctuations.

  • 27.03.2024
  • 3

Experts are expecting an increase in real estate prices in Bulgaria after entering the Euro-zone

They think the country will become more appealing to investors.

  • 20.03.2024
  • 13