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Bulgarian Cities With the Fastest Growth in Housing Prices in Six and a Half Years

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Housing prices have increased by 67.6% since 2015 across the country. New apartments have risen in price by 74.4% during this period.

According to the National Statistical Institute of Bulgaria, in the whole country since 2015, housing prices have increased by 67.6%. Apartments in new houses have risen in price by 74.4% during this period, and in new buildings, the growth was more than 56%.

In six cities with a population of more than 120,000 people, the cost of old housing has grown faster over such a long period than the cost of new construction.

Rating. Housing prices in Sofia have increased by almost 92% in six and a half years. It puts the capital in first place among the country's cities with a population of more than 120,000 people in the real estate price ranking. According to the National Statistical Institute, prices for new buildings in Sofia in the second quarter of the year were 79.3% higher than in 2015. In the case of existing apartments, the price increase over the same period is greater – by 98.6%. Thus, the capital ranks first in terms of the rise in the price of both old and new housing. Data for such a long time shows that there is a serious demand in Sofia for both new buildings and houses and apartments from owners, and prices are steadily rising.

Ruse ranked second among the six largest cities in the country with a 79.8% increase in real estate prices over six and a half years. The increase in prices for new apartments in Ruse is 56.7% compared to 2015. Housing in old houses in the Danube city has risen in price by 83.2% over the same period.

Completing the top three cities with the highest growth in real estate prices is Plovdiv, which is only slightly behind Ruse. In the city under the hills, housing prices have increased by more than 71% over this period. In the case of new buildings in the city, the price increase is 59%. In the case of secondary housing, the price increase is much higher – 83.6%.

Stara Zagora is in fourth place in the overall ranking (+65.9%), followed by Varna(+51%). It is characteristic of Stara Zagora that the dynamics of prices for new and existing houses and apartments for an extended period are very close. For six and a half years, new houses have risen in price by 62.6%, and old buildings - by 68.5%.

The situation is different in Varna. The biggest difference between the rise in the cost of new and old construction has been noted in the maritime capital. The increase in prices for new houses and apartments for six and a half years is 33.8%, and prices for secondary housing have increased significantly more – by 61.5%. In new buildings, the dynamics of prices largely depend on how many apartments enter the market, and in which area they are located.

The last sixth place in the ranking on the rise in real estate prices in the largest cities belongs to Burgas. Prices for residential real estate in the seaside town increased by an average of 47.8% compared to 2015. The situation with new and existing houses and apartments is close to Varna. In the case of new apartments in Burgas, the price increase is 34.5%, and in the case of housing in existing houses, the price increase is much bigger - 61.8%.

Propreties for sale in Bulgaria:
Studio for 55 000 euro in Primorsko, Bulgaria
55 000 €
Studio in Primorsko, Bulgaria
35 sq.m 1 1
Residence Online Viewing Remote Transaction
Comfortable studio with beautifull terrace and forest view for sale in Green Paradise V. The studio is situated on second floor. It consists of: entrance hall, living room with kitchen, living and bedroom area, bathroom and balcony. The balcony is very quiet where you can relax and have a glass of wine or cup of coffee.
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Apartment for 115 713 euro in Sveti Vlas, Bulgaria
115 713 €
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ID 30882912 2 bedroom apartment in complex Angelica in Sveti Vlas Price: 115713 euro Location: Sveti Vlas Rooms: 3 Total area: 100,62 sq. M. Floor: 1/5 Maintenance payment: 966 euro per year Stage of construction: Act 16 Payment scheme: 2000 Euro deposit, 100% upon signing a title deed. We offer for sale a large apartment with...
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Flat for 67 000 euro at Sunny Beach, Bulgaria
67 000 €
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Proposed for sale for permanent or seasonal residence is a two-room apartment in a gated complex, Sunny Beach.The area of the apartment is 62 sq.m., located on the ground floor and consists of: entrance hall, living room with kitchen unit, bedroom, bathroom, terrace. The apartment is sold with all furniture and appliances, namely:...
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Flat for 98 900 euro at Sunny Beach, Bulgaria
98 900 €
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We present to your attention a new, a unique offer in a luxury class complex.The apartment is located on the 2nd floor, with an area of 111 sq.m.It consists of: entrance hall, living room with kitchen and dining area, 2 bedrooms, 2 bathrooms, 3 balconies.Each room has its own exit to the balcony with a view of the pool and the territory...
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Flat for 84 000 euro in Pomorie, Bulgaria
84 000 €
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We offer To your attention, for sale a two-room apartment, in a residential building in Pomorie.The area of the apartment is 59 sq.m, located on 4 It consists of: large entrance hall, spacious living room with kitchen and dining area, 1 bedroom, bathroom with shower, spacious terrace which has a partial sea view.The apartment has...
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Flat for 71 900 euro in Sveti Vlas, Bulgaria
71 900 €
Flat in Sveti Vlas, Bulgaria
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We offer for sale a studio apartment in the complex, on the first line of St. Vlas. The apartment is brand new, renovated, fully furnished and equipped with household appliances.It is located on a high ground floor, with an area of 40 sq.m . Ideal for year-round living and summer holidays. The complex has a wide service base, a full set...
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Flat for 86 100 euro at Sunny Beach, Bulgaria
86 100 €
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VIP apartment, in a LUXURY complex, Sunny Beach.The area of the apartment is 62 sq.m, located on 3 The apartment consists of: a large entrance hall, a spacious living room with kitchen and dining area, 1 bedroom, bathroom with shower, 2 balconies (one of which has a view of the pool, the second with a view of the complex) The...
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Flat for 79 900 euro at Sunny Beach, Bulgaria
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The apartments have direct sea and pool views. Located on the second floor. The area is 90 sq.m.Functional layout-an entrance hall with a dressing room, a large bathroom with a bathtub and toilet, a spacious living room with a kitchen and a non-transitional bedroom. The living room and bedroom have access to a spacious balcony with sea...
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Flat for 135 000 euro in Sveti Vlas, Bulgaria
135 000 €
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We offer you a spacious two-room apartment on the first coastline of the sea, in an elite complex, Sveti Vlas.The apartment is located on the 7th floor, with an area of 90 sq.m., consists of: entrance hall, living room with kitchen and dining area, bedroom, bathroom, terrace with panoramic sea views.It is offered for sale with furniture and...
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House for 59 300 euro in Kosti, Bulgaria
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Renovated house 25 km from the sea, Bulgaria! A renovated house in the Strandzha mountains, in the village of Kosti, is for sale at an affordable price. The total area of the house is 110 sq.m. with the following layout: Ground floor - two rooms, two warehouses, bathroom and toilet. First floor / residential / - living room, kitchen,...
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Apartment for 66 320 euro at Sunny Beach, Bulgaria
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ID 31866344 Price: 66,420 euros. Location: Sunny Beach Rooms: 2 Total area: 49 sq. m. Floor: ground floor/6 Maintenance fee: 740 euros per year Stage of construction: act 16 Payment plan: 2000 euro deposit 100% upon signing the notarial deed of ownership. We offer for sale an apartment with 1 bedroom with a total area of 49...
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Studio for 46 499 euro at Sunny Beach, Bulgaria
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Studio in the complex "Messembria Palace" in Sunny Beach Rooms: 1 Bathroom: 1 Terrace: 1 Area: 30 sq.m Floor: 5/6 To the sea: 500 m Elevator: yes ACT 16 Support fee: 14 euro/sq.m The Messembria Palace complex is located next to the cleanest and largest beach of the resort - "Cocoa Beach" and the Nessebar...
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Apartment for 77 220 euro in Sveti Vlas, Bulgaria
77 220 €
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Apartment for 78 111 euro in Nesebar, Bulgaria
78 111 €
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ID 31769482 We offer for sale a 2-room apartment on the 3rd floor, 100 meters from the sea, with a low support fee. Price: 78,900 euros Locality: Nessebar,lu Total area: 71 sq. m . Rooms: 2nd Floor: 3/5 Support fee: 50 euros per year For sale is a one-bedroom apartment with a sea view , 100 meters from the sea. It consists of an...
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Apartment for 108 350 euro in Sarafovo, Bulgaria
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Flat for 66 000 euro in Elenite, Bulgaria
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Two-room apartment, in the “Privilige fort” complex, Elenite Rooms: 2 Bathroom: 1 Terrace: 1 Area: 62 sq.m Floor: 1/6 To the sea: 50 m Elevator: yes ACT 16 Support fee: 12 euro/sq.m per year The Privilege Fort complex is located in Elenite, on the first line of the sea, between a wooded mountain and the sea. The...
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Apartment for 47 000 euro in Kosharitsa, Bulgaria
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Flat for 169 900 euro in Sveti Vlas, Bulgaria
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An attractive two-bedroom apartment in Sveti Vlas with a total area of 97 sq.m., located on the 4th floor, provides unique views of the sea, pool and mountains. Located on the second line, the beach is only 200 meters away meters, which makes it an ideal place for lovers of sea holidays.The apartment is fully equipped and ready for rent or...
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Apartment for 82 500 euro at Sunny Beach, Bulgaria
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Apartment for 80 000 euro at Sunny Beach, Bulgaria
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Source: Trud.bg
Photo by Natalya Letunova on Unsplash

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