Bulgaria's Apartment Prices Up by 6% in 2010 Q3

Pictured: a communist-era panel construction apartment building in the Lyulin Quarter in Sofia. Photo by BGNES

The average apartment price in Bulgaria declined by 6% in July-September 2010, year-on-year, according to data of the National Statistical Institute.

Thus, in the second quarter of 2010, a square meter of apartment space cost BGN 959.79 on average.

Compared with the second quarter of the year, the average apartment price went down by 1.2%.

The highest average price per square meter is in Sofia – BGN 1592.58, Varna – BGN 1592.58, and Burgas – BGN 1164.88. The apartments in Kyustendil are the cheapest – BGN 575.46 per square meter.

Smaller cities around the country such as Gabrovo and Targovishte saw the average apartment prices drop by more than 6% year-on-year.

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