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https://homepoint.bg/bg/prostoren-obz... You can get information about real estate in Varna from Vladimir Temnyalov: tel: 0897 993718 Housing prices in Varna are rising - what are the reasons? Property prices in Varna and the region have increased by nearly 16%. The data is for the second quarter of this year compared to the same period last year. Thus, housing in the seaside city remains one of the most expensive in the country after those in Sofia. According to experts, the price increase is also due to the larger number of concluded transactions - 5 percent more compared to the previous year. What are the other reasons for the increase in property prices and what kind of housing is in demand? Among the most preferred apartments in Varna are those with a sea view. Although significantly more expensive, they are often sold "on the green". Buyers choose their future family home according to other criteria as well. With a good offer, buyers are willing to compromise with minor shortcomings of the property. However, completed apartments sell the fastest. Varna ranks 103rd among 150 cities in Europe in terms of housing prices. The square meter of an average-sized apartment in the city center costs about 2,060 euros. There are also more budget options on the market. According to experts, the increase in property prices is due to Bulgaria's upcoming entry into the eurozone. The sector does not expect a new price spike in the coming months, but they are sure that housing will not become cheaper. They also report another trend. After the Bulgarian National Bank tightened the rules for granting mortgage loans, however, expectations for next year are for fewer deals! I wish you pleasant viewing and Happy Holidays!