Residential Property in Republic of Bulgaria in 2017 Compared to 2007 Cover Image

Динамика на пазара на кредитите за покупка на жилищни имоти в Р. България. Сравнителен анализ за 2017 г. спрямо 2007 г.
Residential Property in Republic of Bulgaria in 2017 Compared to 2007

Author(s): Elena Parova, Angel Kusev
Subject(s): Business Economy / Management, Financial Markets
Published by: Икономически университет - Варна
Keywords: Housing loan; Market; Property
Summary/Abstract: The housing loan market is equally dynamic and largely dependent on the economic situation in the country. In 2017, there is a demand for better quality of properties of any type and also the buyers are more demanding when selecting and financing real estates. The buyers’ confidence in the construction sector has returned, and much of them went to buy a property “under construction”. The thrust of the banks to construction companies and also to buyers, who want to buy a home “under construction” with credit has returned. In view of the sustainability of low interest rates, the expectation for the housing loan market is to maintain good credit conditions from the banks both in 2018 and the following year.