Property Prices Surge in Bulgaria: Why Sellers Are Finding It Harder to Close Deals

According to recent data from the National Statistical Institute (NSI), residential property prices in Bulgaria surged by 16% in the first quarter of 2024 compared to the same period last year, marking the highest growth rate since 2022. This increase is notably higher than the 10% rise observed in 2023. The data also reveals that the average monthly salary in Bulgaria saw a 16....