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According to Novinite, citing estate agency Bulgarian Properties, property prices in Bulgaria’s major cities rose in Q3 2015.
Property in Plovdiv rose in price by 4.5%, while the total number of transactions increased by 4.9%. Housing in Burgas gained 6% in value, and the number of purchases and sales there rose by 5% year on year.
Demand in Bulgaria’s maritime capital, Varna, was as strong as in Sofia. Sofia prices rose by 5.9% year on year in Q3 and by 1.8% compared with Q2. The average price per square metre in Varna, based on transactions completed during this period, increased by 6%.
Property prices in Q3 2015 were:
| City | Price per m² |
|---|---|
| Varna | 800 € |
| Burgas | 600 € |
| Sofia | 794 € |
| Plovdiv | 570 € |
Read also: Residential property in Sofia continues to rise in price
