Residential Real Estate Prices Up 5.4% in 2Q

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Residential Real Estate Prices Up 5.4% in 2Q

Residential real estate prices in Bulgaria rose 5.4% to an average of 1 041.1 leva per sq. m. in 2Q , shows data released by the National Statistical Institute (NSI).

Varna continues to be the most expensive city in these terms, with prices rising 3.9% over the period to 1 710.3 leva per sq. m.

The capital city Sofia ranks third, with an increase of 3.8% to 1 647.8 leva per sq. m. Another beautiful city on the Black Sea coast – Burgas is third with 1 366.7 leva per sq. m., or 4.1% up compared with 1Q.

Next is Rousse – where prices surged 10.9% to some 1 182.7 leva per sq. m., followed by Stara Zagora and Plovdiv.

Other cities where prices jumped more than 10% are Vidin and Pleven with increases of 23%, and 11% respectively.

Th price rose in all district centers, with the exception of Targovishte where they remained unchanged at 810.6 leva per sq. m.
 

District Center1Q Average Price, BGN2Q Average Price, BGN1Q/2Q Index
Total988,21041,1105,4
Varna16461710,3103,9
Sofia – capital15881647,8103,8
Burgas1312,31366,7104,1
Rousse10661182,7110,9
Stara Zagora1059,71122,7105,9
Plovdiv1050,81103,2105
Pleven878,3975,3111
Blagoevgrad964,3971,5100,7
Veliko Tranovo890,2940,8105,7
Haskovo826,5902,3109,2
Pernik853,5876102,6
Smolyan800,6869,2108,6
Vratsa758,2821,7108,4
Shumen807,5811,2100,5
Targovishte810,6810,6100
Sliven744,8794,2106,6
Montana739,8786106,2
Gabrovo702,7758,2107,9
Vidin600,7739123
Dobrich704,7725,7103
Razgrad671,2722,7107,7
Pazardjik669,2720,7107,7
Kardjali702,2706100,5
Yambol645,2670,8104
Lovetch613624,3101,8
Silistra568,3616108,4
Kiustendil557,7582,5104,5
Sofia area420,3457,7108,9

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