Statistics Prices Bulgarian Properties and Real estate Market 2005

Statistics Prices Bulgarian Properties and Real estate Market 2005

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Statistics Prices Bulgarian Properties and Real estate Market 2005

The average property prices in the major Bulgarian Properties cities have seen a surprising 10% - 30% growth during the last 3 months, compared to the same period last year, according to the Bulgarian National Statistics Institute.

The average price of newly build properties in Bulgaria in December 2004 was 316/sq.m. which is 11% higher compared to September 2004.

Highest property prices have been registered in Sofia and Varna, 1,095/sq.m. and 1,083/sq.m. respectively and the cheapest in North-West parts of the Bulgaria. The average price in North-Western Bulgarian city of Vidin was ?150/sq.m., Vraca - 140/sq.m. and Lovech - 149/sq.m.

The cities with fastest growing property prices in Bulgaria during 2004 are Dobrich, Targovishte and Gabrovo with 34%, 33% and 32% respectively. The average property prices in these cities are between 205/sq.m. and 230/sq.m. High prices and fast growth have already been registered in Burgas - 481/sq.m., Plovdiv - 392/sq.m., Stara Zagora - 378/sq.m., Pleven - 328/sq.m. and Blagoevgrad - 306/sq.m. 

AVERAGE QUARTER MARKET PRICES
OF DWELLINGS FOR 20051

District centres Quarter prices - Levs/sq.m III quarter
as % to
II quarter
II quarter 2005 III quarter 2005
Total 730.5 751.5 102.9
Blagoevgrad 799.2 735.2 92.0
Burgas 1 113.0 1 142.2 102.6
Varna 1 198.0 1 192.0 99.5
Veliko Tarnovo 709.2 702.2 99.0
Vidin 366.0 361.2 98.7
Vratsa 451.5 485.5 107.5
Gabrovo 447.7 511.2 114.2
Kardzhali 617.8 628.2 101.7
Kyustendil 371.7 375.3 101.0
Lovech 335.9 364.9 108.6
Montana 462.5 498.5 107.8
Pazardzhik 448.8 468.5 104.4
Pernik 517.3 531.3 102.7
Pleven 719.2 717.0 99.7
Plovdiv 850.8 905.3 106.4
Razgrad 398.8 474.2 118.9
Ruse 739.8 751.5 101.6
Silistra 411.0 407.8 99.2
Sliven 622.3 628.8 101.0
Smolyan 553.0 521.7 94.3
Sofia cap. 1 188.0 1 256.8 105.8
Sofia 384.8 384.5 99.9
Stara Zagora 785.8 769.3 97.9
Dobrich 461.8 492.2 106.6
Targovishte 493.9 503.5 101.9
Haskovo 565.7 628.0 111.0
Shumen 577.0 578.8 100.3
Yambol 520.7 529.5 101.7
1 Flats prices only
 

BULGARIA AVERAGE ANNUAL MARKET PRICES OF DWELLINGS FOR 2004

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