Prices Of New Apartments In Bulgarias Bourgas Decrease, Hike Registered In Sofia

Average prices of new apartments in some regions of Bulgaria’s coastal town of Bourgas went down in May.

Apartment prices in the centre of Bourgas decreased by four per cent to 1050 euro per sq m and by six per cent in the regions near the centre compared to April figures, real estate agency Foros said as quoted by investor.bg.

Prices in the regions near Bourgas remained unchanged. Prices in Sarafovo varied between 700 and 750 euro per sq m, in Sozopol , 1100 euro per sq m , Primorsko registered price of 850 euro per sq m.

Varna registered no changes in its apartment prices. Apartments in the centre of Varna vary in price from 1000 to 1300 euro per sq m.

New panel and brick construction in Sofia became more expensive. Average prices went up by 1.63 per cent compared to April costs. Some residential district in Sofia showed no change in prices.

Beli Brezi, Mladost 1A and Geo Milev feature among residential districts that registered the highest price increase in May.

The average apartment price in the centre of Sofia increased by 1.94 per cent reaching 1050 euro per sq m.