The volume of real estate transactions in Bulgaria increased by 11%


"Over the first half of 2013, there is an increase of 11% on real estate transactions," the National Commonwealth Real Estate Imoti (NSNI) reports and predicts that this pace will continue until the end of the year.

The bulk of transactions with the purchase of real estate occurs at the expense of personal funds. Experts attribute this to an increase in economic stability, which inspires calm buyers.

The agricultural land market is the most dynamic in the last 4-5 years and the real estate market is directly related to it. Citizens who sell land invest their vacant funds in housing.

“We hope that this year will improve the macroenvironment in the economy and provide confidence in the purchase of new housing during the construction phase,” said the chairman of the NSNI Ivan Velkov at a press conference.