By continuing to use our website, you agree to the use of cookies. window.cookieconsent_options = { To build a stone wall around an average-sized garden of 1,000 square metres (30m by … Kuala Lumpur continued to record the highest price at RM773,109. This feature is limited to our corporate solutions. var parent = document.getElementById("tipafriend"); Profit from additional features by authenticating your Admin account. Directly accessible data for 170 industries from 50 countries The median house price in Rye last year was $792,000. The HPI index level for Bulgaria was set with 2015 equal to 100 percent. The lowest price was noted in Kelantan at RM159,005. Update, Insights into the world's most important technology markets, Advertising & Media Outlook (June 24, 2020). Cost of basic construction The average cost of construction in Bulgaria for a quality building with construction done, wall plastered, and ceilings done is 250-350 Euros per m2 Additional costs You can only download this statistic as a Premium user. var width = window.innerWidth || document.documentElement.clientWidth; and over 1 Mio. At the top end of the market (over €250,000), large, modern, renovated homes, new houses with sea views, luxury apartments in Sofia and even hotels are available. Includes new and existing dwellings.2015=100, Average cost of rent in the United Kingdom (UK) 2019-2020, by region, Monthly completed house sales volumes in England and Wales 2015-2020, Number of housing units in London (UK) 2001-2019, Average house price in the United Kingdom (UK) 2008-2020, by country. Source: Numbeo ) You only have access to basic statistics. For a rough conversion of euros to sterling, multiply by 0.7; for US dollars, multiply by 1.25. googletag.pubads().setTargeting("URL", "Cost-of-Property"); var googletag = googletag || {}; googletag.pubads().collapseEmptyDivs(); (2020). A paid subscription is required for full access. googletag.defineSlot('/1015136/Mobile_Leaderboard', [320, 50], 'div-gpt-ad-1319640445841-6').setCollapseEmptyDiv(true).addService(googletag.pubads()); "target": "_blank", The buying price for two- and three-bedroom apartments of 80 sq. Bulgaria - more bang for your buck in 2019? Price per Square Feet to Buy Apartment in City Centre : 201.42 лв: 102.19-371.61: Price per Square Feet to Buy Apartment Outside of Centre : 136.50 лв: 74.32-222.97 In Sofia , there were 5,285 property sales in Q1 2020, down 6.3% from 5,641 sales a year earlier, according to the Registry Agency. Anywhere within striking distance of the international airports at Burgas, Sofia and Varna will probably jump dramatically in value, particularly if low-cost flight operators commence scheduled flights to these destinations. The price per square meter to buy apartment outside of centre is $1,965.05 and generally range between $1,117.01 and $4,507.15. This statistic is not included in your account. New, Figures and insights about the advertising and media world, Industry Outlook Find overseas properties to buy in Bulgaria with the UK's largest data-driven property portal. June 24, 2020. ''+i+dl;f.parentNode.insertBefore(j,f); Are you buying off plan or an existing property? 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Selangor ranked second at RM456,817. There’s also a growing number of people buying in rural areas, either for investment or for a permanent move to Bulgaria. ", m. in Q1 2020. In Q2 P 2017, the “average house” price for All House in Malaysia increased by 0.4% to RM397,190. function hide_thankyou () { var child = document.getElementById("tipafriend-captcha"); You need at least a Single Account to use this feature. That’s still quite low, but the actual average wage has finally climbed above 500 Euros a month at least. National Statistical Institute Bulgaria. googletag.pubads().setTargeting("Language", "en"); Just over 15 years ago Bulgaria was firmly under Communist rule and it is only in the past decade that the country has fully opened itself to outside investment and encouraged private industry and business. National Statistical Institute Bulgaria. Family of four estimated monthly costs: 3,569 лв; Single person estimated monthly costs: 1,478 лв; Bulgaria is the 4th cheapest country in Eastern Europe (10 out of 13) Cost of living in Bulgaria is cheaper than in 76% of countries in the World (57 out of 75) Are you interested in testing our corporate solutions? Manastirski Livadi, Mladost and Vrabnitsa districts are also popular with average house prices ranging from €1,000 to €1,200 per sq. googletag.defineSlot('/1015136/Ribbon_990x45_NoAdsense', [990, 45], 'div-gpt-ad-1319640445841-2').setCollapseEmptyDiv(true).addService(googletag.pubads()); The low cost of property in Bulgaria is one of the main reasons for its increasing popularity among foreign buyers. }); m. Overall, the average price of sold apartments in Sofia stood at €930 per sq. Based on five years of sales, Rye has seen a compound growth rate of 10.1% for houses and 11.8% for units. Bulgaria's real estate market hits 24-28% rise in prices 2003 ( Feb 2004- Provided by " Sofia Morning News" ) The average 2003 increase of Bulgarian real estate prices is between 24 % and 28 %, the Real Estates National Association Chairman Orlin Vladikov announced on Saturday. Bearing that in mind it is obvious that the accommodation costs should not exceed that amount. A huge villa with swimming pool close to the beach or a large villa in one of the ski resorts; a working hotel or similar business in a popular area; a large plot in a tourist area or near Sofia for development; a luxury house in an upmarket neighbourhood of Sofia. A house in the north-east; a house away from tourist areas requiring modernisation or renovation; a small house or bungalow in a ski resort. Please do not hesitate to contact me. To read more about the cookies we use and to change your settings see our", if (width >= 1200) { Median Unit Price Median Price: The price of a property that falls in the middle of the total number of units sold over a period of time, based on 113 unit sales from 1 Dec 2019 - 17 Dec 2020. As in most countries, property is cheapest in rural areas, where the number of people leaving the land in search of a ‘better’ life (particularly since 1996/97) has left the countryside with plenty of empty properties. } Then you will be able to mark statistics as favourites and use personal statistics alerts. Average flat price is £1,307,407. Most resorts in Bulgaria are suitable for quiet family vacations with children. New, Everything you need to know about the industry development, Find studies from all around the internet. Since 2015, the house price data has been collected and the house price indices (on new and existing dwellings) have been calculated based on a harmonized approach according Regulation No (EU) 2016/792 of the European Parliament and of the Council and … googletag.pubads().setTargeting("App", "www"); (All prices are in USD. googletag.defineSlot('/1015136/MPU1_300x250', [300, 250], 'div-gpt-ad-1319640445841-3').setCollapseEmptyDiv(true).addService(googletag.pubads()); If you are looking for an investment property, consider houses in Rye rent out for $405 PW with an annual rental yield of 2.7% and units rent for $340 PW with a rental yield of 2.8%. else if ((width < 1200) && (width >= 768)) { } The country offers every type of location too, from beach and mountain resorts, to rustic villages and vibrant cities, each with homes at prices you'll find hard to beat. With a budget of up to around €25,000, you should be able to find a large wooden or stone house with open fireplaces, large rooms, picturesque views and plenty of land attached, but needing renovation to bring it up to standard. } Please authenticate by going to "My account" → "Administration". new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], An apartment in the centre of a coastal town; a large house or villa in a village or near a tourist area; a plot near a tourist area; a large, quality apartment in Sofia. Average price comparisment of a basket of holiday goods Below is comparison of 12 holiday countries in Europe. November 25, 2020. ARE prices of new properties in Malaysia inflated? else if (width < 768) { Prices are being driven up by foreign buyers in the resort areas along the Black Sea coast and the mountain resorts around Pamporovo, Bansko and Borovets. Ask them here: Extra costs and taxes when buying property in Bulgaria, All you need to know to deal with estate agents. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook A large house or bungalow in a rural area; a small house or villa in the Sofia region (not in Sofia); a plot several kilometres from a ski resort or from the coast; an older house or stone cottage in a coastal area in need of renovation; or a house in a small village. Corporate solution including all features. In most cases, the nominal house price index covers the sales of newly-built and existing dwellings, following the recommendations from the RPPI (Residential Property Prices Indices) manual. National Statistical Institute Bulgaria. Please contact us to get started with full access to dossiers, forecasts, studies and international data. "Total House Price Index (Hpi)* in Bulgaria from The 1st Quarter 2014 to 1st Quarter 2020. "dismiss": "Got it! This page provides - Bulgaria House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. In, National Statistical Institute Bulgaria. Towns such Plovdiv (Bulgaria’s second biggest city), Vidin and Ruse offer historical interest, while Melnik, Balchik and Batak (near Plovdiv) have the advantage of beautiful views and quiet locations. Summary of cost of living in Bulgaria. The minimum wage in Bulgaria has climbed from 170 euros when we did this post originally to 261 per month today. For €150,000 you can be the proud owner of a large two-storey house in one of the coastal towns, a family home in Sofia or a luxury apartment in one of the popular tourist resorts. This is one of the fastest rates in the EU, where the average price increase is 4. £1,706,897 Average property value today. New villa developments along the Black Sea coast are usually around €100,000 to €150,000, with prices rising to €300,000 for the most luxurious properties. There has recently been a phenomenal increase in values in popular areas, some developments having seen their value double in the space of 12 months, while capital growth across Bulgaria has averaged around 35 per cent for the past few years. Last year housing prices in major cities in Bulgaria rose by nearly 10% - at least according to official statistics. '&l='+l:'';j.async=true;j.src= It stated that there was no significant improvement … "link": "", +44 330 038 8226 ** Contact Save Hide. "learnMore": "privacy & cookie policy. Bulgaria has seen relatively strong price growth in the past 12 months, according to the Knight Frank Global House Price index, with prices increasing by 8.2%. })(window,document,'script','dataLayer','GTM-MQS989'); Although Bulgaria’s currency is the lev, prices for most Bulgarian properties are quoted in euros, although in some areas popular with UK buyers prices are quoted in sterling. £28,229 1 1 61 sq. SOFIA (Bulgaria), November 25 (SeeNews) - Bulgaria had the lowest average electricity prices for households among the European Union member states in the first half of 2020 - 10 euro ($11.9) per 100 kWh, the EU's statistical office said. if (typeof(child) != 'undefined' && child != null) parent.removeChild(child); Coupled with the economic crash of 1996/97, this has meant that property prices have had little time to rise from their traditional low level. Please create an employee account to be able to mark statistics as favorites. This article is an extract from Buying a Home in Bulgaria from Survival Books. Any property with a sea view will command a substantial premium, although it should be easier to resell. As soon as this statistic is updated, you will immediately be notified via e-mail. Based on a report by Khazanah Research Institute (KRI), house prices in the country have escalated at a compounded annual growth rate of 9.1 per cent since 2009. Average house price is £7,100,000 View our range of houses, villas and apartments for sale in Bulgaria. ... IBG Real Estate, . Paperwork necessary for buying a porperty in Bulgaria, Help your kids adapt abroad + Parent tips. 9. Accessed December 23, 2020. The most expensive real estate in Bulgaria is for sale at the St. Konstantin and Elena resort. ... House price growth close to three-year high. googletag.defineSlot('/1015136/MPU2_300x250', [300, 250], 'div-gpt-ad-1319640445841-4').setCollapseEmptyDiv(true).addService(googletag.pubads()); googletag.cmd.push(function() { A large villa near the coast or in a mountain resort, usually with a swimming pool; a luxury apartment with sea views along the coast; land for development in a tourist area. Buy Apartment Price . There’s also a growing number of people buying in rural areas, either for investment or for a permanent move to Bulgaria. The average price per linear metre for a dry-stone wall is 215 leva (£100).Typical dimensions would be 1.6m height and 0.50m depth, with concrete foundations of at least 0.50m. Coastal and city properties can cost anything from 3 to 20 times more than similar-size rural properties, although the standard and infrastructure of rural properties can be quite low (some have no mains water or electricity and most an outside toilet). There are also less well known areas of Bulgaria that could prove good value in the long term, particularly those close to historical towns or in areas of spectacular natural beauty. Cost of living index in Varna is 58.13% lower than in New York. House Price Index for Bulgaria from National Statistics Institute (NSI) - Republic of Bulgaria for the House Prices release. The price per square meter to buy apartment in city centre is $2,761.59 and generally range between $1,446.76 and $7,882.42. As a Premium user you get access to the detailed source references and background information about this statistic. } Register in seconds and access exclusive features. When it comes to renting, the Mornington median house rental price per week is $500 which makes renting more expensive than Victoria's average of $400. If you only plan to hit the main cities and towns in Bulgaria and want to stay in dorms, expect a bed to cost around €8-10 per night, depending on the size of the dorm and the season that you’re travelling in. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, * Source defines house price index as 'the House Price Index (HPI) is a quarterly indicator that measures the changes in the dwellings transaction prices that households acquire on the market (both newly built and already existing)'. (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': googletag.pubads().setTargeting("Channel", "Property"); As a Premium user you get access to background information and details about the release of this statistic. }; Do you have any comments, updates or questions on this topic? "Total house price index (HPI)* in Bulgaria from the 1st quarter 2014 to 1st quarter 2020." ", National Statistical Institute Bulgaria, Total house price index (HPI)* in Bulgaria from the 1st quarter 2014 to 1st quarter 2020 Statista, (last visited December 23, 2020), Total house price index (HPI)* in Bulgaria from the 1st quarter 2014 to 1st quarter 2020, Age of housing/dwellings in England in 2018, by tenure, Proportion of owner occupied households in England 2000-2019, English housing: proportion of private rented households 2000-2019, English Housing: proportion of socially rented households 2000-2019, Total housing completions in England Q3 2014-Q4 2019, Construction output index: new private housing in Great Britain 2000-2019, Permanent dwellings completed across England 2001 to 2019, Construction output index: new public housing in Great Britain 2000-2019, Quarterly housing starts by private enterprises in England Q1 2015-Q4 2019, Quarterly housing starts by housing associations in England Q3 2014-Q4 2019, UK housing market: Halifax house price index 2018-2020, Monthly house price index in the United Kingdom (UK) 2015-2020, UK housing market: Halifax standardized house prices 2018-2020, UK housing market: Nationwide house price index Q1 2013-Q1 2020, UK Housing market: Nationwide house prices Q1 2011 - Q1 2020, UK Housing market: Nationwide new house prices Q1 2013-Q1 2020, Total dwellings: simple average house price in the United Kingdom (UK) 2000-2019, Household expenditure on housing in the United Kingdom 2000-2019, Distribution of homeowners in England (UK) 2019, by home financing and age, Value of approvals for house purchase loans in the UK 2016-2020, Number of approvals for lending secured on dwellings in the UK 2017-2020, Number of approvals for remortgaging in the UK 2016-2020, Value of approvals for lending secured on dwelling in the UK 2017-2018, House purchase loans distribution (gross advances) in the UK 2015-2019, by purpose, United Kingdom (UK): prime property rental prices growth 2019-2024, Great Britain: Monthly Index of Private Housing Rental Prices (IPHRP) 2016-2020, Great Britain: Monthly Index of Private Housing Rental Prices (exc. Apartment prices here range from €80,000–90,000 to €250,000–300,000. A budget of between €25,000 and €50,000 will buy you a generous property of reasonable quality in a pleasant rural or less popular coastal location, possibly in need of improvement only. m. can be just €50,000. [CDATA[ googletag.pubads().setTargeting("JLCountry", "Bulgaria"); Demand is strongest on the southern Black Sea coast and around Pamporovo, where restrictions on available land and a huge influx of tourists and locals working in the tourist industry have seen demand outstrip supply. Nevertheless, with a growing range of homes available, property is excellent value compared to the UK and Spain and there are still bargains to be found in many areas. An apartment in a suburb of Sofia; an apartment in the centre of a ski resort or in one of the popular coastal towns; a detached house or villa in a ski resort; a small new or renovated property in a coastal area; a large house near one of the bigger cities. googletag.defineSlot('/1015136/Sponsorship_200x50_NoAdsense', [200, 50], 'div-gpt-ad-1319640445841-0').addService(googletag.pubads()); Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). New villa developments along the Black Sea coast are usually around €100,000 to €150,000, with prices rising to €300,000 for the most luxurious properties. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. This page provides forecast and historical data, charts, statistics, news and updates for Bulgaria House Price Index. Then you can access your favorite statistics via the star in the header. googletag.enableServices(); googletag.defineSlot('/1015136/MPU4_300x250', [300, 250], 'div-gpt-ad-1319640445841-8').setCollapseEmptyDiv(true).addService(googletag.pubads()); Most unmodernised rural houses have an outside toilet, and bathrooms tend to be fairly rudimentary. document.getElementById('thankyou').className='msg hidden'; m. in Q3 2016, up 3.3% from the previous quarter. googletag.defineSlot('/1015136/Mobile_Leaderboard', [320, 50], 'div-gpt-ad-1319640445841-6').setCollapseEmptyDiv(true).addService(googletag.pubads()); A rural property in need of major renovation can often be purchased for less than €5,000, while rural properties in better condition needing only minor repair seldom cost much more than €20,000. "message": "We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. "theme": "light-top" googletag.defineSlot('/1015136/Billboard_970x250', [[970, 250], [728, 90]], 'div-gpt-ad-1319640445841-9').setCollapseEmptyDiv(true).addService(googletag.pubads()); // ]]> This statistic illustrates the house price index (HPI) in Bulgaria from the 1st quarter of 2014 to the 1st quarter of 2020. var child = document.getElementById("recaptcha_error"); Most economic forecasters are predicting a continued rise in tourist numbers to Bulgaria over the next few years, so properties on the coastal fringe and around the mountain resorts will no doubt continue to rise steadily in value. googletag.defineSlot('/1015136/MPU3_300x250', [300, 250], 'div-gpt-ad-1319640445841-5').setCollapseEmptyDiv(true).addService(googletag.pubads()); A one or two-bedroom apartment in a ski resort or in one of the coastal resorts; a plot in a village near the coast or near a ski resort; a new house or villa in the mountains or inland from the coast; a renovated house in a village near the coast; an apartment on the outskirts of Sofia. Few European holiday destinations can match Bulgaria for affordable property and low living costs. Furthermore, Bulgaria doesn’t JUST have the cheapest house prices in Europe, but also has an extremely low cost of living, with a loaf of bread costing only £0.43, a one way ticket for transport (£0.53) and a meal at a restaurant for one - £4.45. Summary about cost of living in Varna, Bulgaria: Family of four estimated monthly costs are 1,876.44$ (3,000.09лв) without rent (using our estimator). googletag.pubads().enableSingleRequest(); Statista. As little as €50,000 will buy you a house or villa close to one of the main towns, usually with lake or mountain views, big rooms and plenty of land, or a small to medium-size new apartment in one of the coastal towns or in the capital Sofia. googletag.cmd = googletag.cmd || []; Overall, there is a very good return in real estate investment in Bulgaria, oftentimes over 100% +. googletag.defineSlot('/1015136/MPU1_300x250', [300, 250], 'div-gpt-ad-1319640445841-3').setCollapseEmptyDiv(true).addService(googletag.pubads()); In Lozenets and the city center, demand remains high despite that fact that these locations have the highest property prices in the country, ranging from €1,200 to €1,500 per sq. googletag.defineSlot('/1015136/MPU2_300x250', [300, 250], 'div-gpt-ad-1319640445841-4').setCollapseEmptyDiv(true).addService(googletag.pubads()); facts. A single person estimated monthly costs are 538.16$ (860.42лв) without rent. Housing prices include housing rent prices indices, real and nominal house prices indices, and ratios of price to rent and price to income. Property Prices. if (typeof(child) != 'undefined' && child != null) parent.removeChild(child); //
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