60% of All Mortgage Loans in Bulgaria are Given in Four Major Cities
April 28, 2021
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:
60 000 €
Flat in Sveti Vlas, Bulgaria
65 sq.m211
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
144 665 €
Apartment in Sveti Vlas, Bulgaria
105 sq.m32
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
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
33 000 €
Flat in Byala, Bulgaria
30 sq.m11
Online ViewingRemote 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
42 700 €
Flat in Byala, Bulgaria
45 sq.m111
Online ViewingRemote 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
290 900 €
Flat in Sveti Vlas, Bulgaria
90 sq.m322
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
129 000 €
Cottage in Drachevo, Bulgaria
298 sq.m432
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
62 999 €
Apartment in Sveti Vlas, Bulgaria
88 sq.m32
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
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
126 000 €
Flat in Topola, Bulgaria
105 sq.m322
Online ViewingRemote 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
275 000 €
Cottage in Pomorie, Bulgaria
196 sq.m433
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
64 900 €
Apartment at Sunny Beach, Bulgaria
50 sq.m21
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
235 000 €
Flat in Saints Constantine and Helena, Bulgaria
136 sq.m321
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
52 500 €
Apartment at Sunny Beach, Bulgaria
52 sq.m211
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
87 500 €
Flat in Sveti Vlas, Bulgaria
31 sq.m111
Online ViewingRemote 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...
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
53 500 €
Flat in Elenite, Bulgaria
59 sq.m211
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
18 900 €
Studio at Sunny Beach, Bulgaria
25 sq.m11
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
78 000 €
Apartment at Sunny Beach, Bulgaria
87 sq.m21
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
58 499 €
Studio in Sveti Vlas, Bulgaria
40 sq.m11
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...