Real estate appraisal

Market Watch: Bulgaria's Real Estate Prices Make a Quiet Move

As the warm summer months gave way to autumn, Bulgaria's real estate market witnessed a subtle shift. According to the latest analysis by "Arco Real Estate," a mild decline in housing prices was observed during the third quarter of the year. The data reveals that prospective homebuyers are approaching the market with increased sensibility, opting for prudence over impulsive decisions.

Luxury holiday home prices at decade high

Sale prices for holiday homes on the popular islands of the Cyclades are on a decade high, as the losses recorded in previous years have been more than covered.

The trend is upward and will remain so in the near future, according to this year's Holiday Home Price Watch, curated by Geoaxis, a company of certified real estate valuers.

Realty Prices on Bulgarin Black Sea Coast Go Up

80% of the purchasers of holiday properties along Bulgaria's Black Sea coast are Bulgarian nationals, indicate data of experts from a large construction and investment company. "The travel restrictions stemming from the coronavirus pandemic and the uncertain economic environment made a number of people take action and buy properties.

Belgrade is the 4th most expensive city in Europe – what’s missing?

All those wondering these days if they can afford the luxury of buying an apartment in Belgrade, which according to one research is the fourth most expensive European city in terms of real estate prices in relation to the average income, have no reason to worry. As explained from real estate professionals, the methodology according to which the research was done was quite questionable.

New ENFIA cut may be put off

The scenario concerning the postponement of reforms to the real estate market's taxation system is back on the table. Given that the coronavirus pandemic has locked down economic activity and reduced property transfers to a bare minimum, the argument that it is impossible to make correct valuations of property values is increasingly gaining ground.

Home sales on Greek islands jump

Holiday home transactions on selected islands of the Cyclades recorded a 54 percent annual increase in the first half of the year, according to an analysis of data from the Property Transaction Value Register of the Finance Ministry's General Secretariat of Information Systems.

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