Opportunities to Acquire Residential Properties in the City of Varna Cover Image

Възможности за придобиване на жилищни недвижими имоти на територията на град Варна
Opportunities to Acquire Residential Properties in the City of Varna

Author(s): Yana Stoencheva, Dragomir Stefanov
Subject(s): Socio-Economic Research
Published by: Икономически университет - Варна
Keywords: Price; Residential real estate property; Trend
Summary/Abstract: The subject of the current research is the market of residential properties in Varna. The dynamics of prices and the time span for the acquisition of a property is analysed. The analysis focuses on two-bedroom flats that are typically in high-demand. An upward trend in property prices is demonstrated for most of the surveyed neighbourhoods. A comparative analysis between of the residential property market in Varna and Sofia was carried out as well as the market of some seaside towns in Europe. The results could be useful to some potential investors.