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 IndexTotal988,21041,1105,4Varna16461710,3103,9Sofia – capital15881647,8103,8Burgas1312,31366,7104,1Rousse10661182,7110,9Stara Zagora1059,71122,7105,9Plovdiv1050,81103,2105Pleven878,3975,3111Blagoevgrad964,3971,5100,7Veliko Tranovo890,2940,8105,7Haskovo826,5902,3109,2Pernik853,5876102,6Smolyan800,6869,2108,6Vratsa758,2821,7108,4Shumen807,5811,2100,5Targovishte810,6810,6100Sliven744,8794,2106,6Montana739,8786106,2Gabrovo702,7758,2107,9Vidin600,7739123Dobrich704,7725,7103Razgrad671,2722,7107,7Pazardjik669,2720,7107,7Kardjali702,2706100,5Yambol645,2670,8104Lovetch613624,3101,8Silistra568,3616108,4Kiustendil557,7582,5104,5Sofia area420,3457,7108,9