On the background of the pandemic and the possibility of remote work, a clear tendency towards buying houses in Bulgaria has been identified in 2021. Due to the great interest in country real estate, prices for cottages in Bulgaria in some towns and villages have doubled. Apart Estate carefully monitors the situation on the real estate market in Bulgaria and provides the clients with an accurate and complete analysis.
In the beginning of 2022, news that can be interesting for those who want to buy a house or villa near the sea in Bulgaria was published. The Public Council of Pomorie approved joining the village of Kamenar to the town. In the near future, the project will be sent for consideration to the Council of Ministers of Bulgaria. So, within 6 months, the still independent village will turn into a district of the town. What does this mean for the residents of the village, among whom there are many citizens of Russia, Germany, England, as well as for future buyers of real estate in Kamenar? Read the comments of the Apart Estate agency specialists.The idea of joining Kamenar to Pomorie arose 7 years ago. Signatures were collected, and a principal approval from all the involved parties was received.
The year of 2021 was the year of recovery for the Bulgarian property market. Apart Estate agency has already introduced statistics on price and sales growth compared to 2020. The key reason for the price growth was the increased demand for apartments and houses in Bulgaria, as well as the limited number of good offers.
For the last several years, the market of real estate in Bulgaria has been dynamic as well as unpredictable. A year ago, it was overwhelmed with a lot of good offers, while these were buyers who controlled the market. Today, demand far exceeds the offers, and the terms are dictated by sellers. For more information regarding the residential and commercial property sales in Bulgaria in the second quarter of 2021, read the special review prepared by Apart Estate specialists.
There are no complete statistics yet, but we can say with confidence that the tourist season of 2021 in Bulgaria has taken place. More than 2 million tourists have rested on the southern coast of the Bulgarian Black Sea coast alone, and their flow does not stop. The airports of Burgas, Varna, and Sofia serve dozens of flights from Russia, Germany and Poland every day. Many vacationers come by their own cars. Apart Estate agency has prepared a short summary about the peculiarities of the 2021 tourist season in Bulgaria and its impact on the real estate market.
Long-waited news – Russian citizens can fly to Bulgaria, starting from June 28. On June 18, Tatyana Golikova, Russian Federation Deputy Prime Minister issued an official notification about the resumption of flights between the two countries.
The question of when Bulgaria is going to open for tourists from the UK, Russia, Israel, a row of European and Asian countries and when they can freely fly to Bulgaria for a vacation has finally been resolved. From the 1st of May Bulgaria opens its borders for the people living in the most states of the world.
The entrance of Bulgaria to an area of euro and the Schengen Agreement has been discussed for a long time. In 2007 the country joined the EU, but did not become a member of the single currency and visa area, so many people, jokingly, call it “half Europe”.
Some changes were outlined in 2020 when the country joined the exchange rate mechanism; this can be considered as preparation for the transition to a new currency. The fact caused a lot of debates and fears, including among real estate buyers who are worried about whether they should buy an apartment in Bulgaria today or it is better to wait. The specialists of the Apart Estate agency analyzed all aspects of the problem and are ready to answer the question.
The second wave of coronavirus headed Bulgaria at full force. The Government prolonged an emergency epidemiological situation till the 31st of January 2021 and quickly voted for new restrictions. New measures come into effect from 23.30 on the 27th of November and will be valid till the 21st of December 2020. These restrictions will affect all the spheres of life. From Monday, November 30, all the students will be transferred to online education.
On September 1, Bulgaria presented new rules for visiting the country. Regulations are described in the Health Ministry order # RD-01-488/ 08/31/2020. They will be in effect till 09/30/2020. The present legal act describes in detail, citizens of which states can cross the Bulgarian borders without limitations in terms of pandemic. There are several categories of travelers who do not need to follow quarantine. Neither should they present coronavirus negative examination results. Among these happy people, there are: Persons keeping a permanent or long-term residence permit, or a valid visa D in Bulgaria; itizens and keepers of residence permits of the countries-members of the EU, their families as well as persons in de facto cohabitation. This relates to the Schengen Agreement’s states;