Bulgarians Take on Record Property Loans Ahead of Eurozone Entry
Real Estate
Bulgarians are continuing to borrow unprecedented amounts to purchase property , according to the latest figures from the Bulgarian National Bank. As housing prices remain high, homebuyers are increasingly seeking larger loans to finance transactions. Credit expert Tihomir Toshev, speaking on Bulgaria Morning , noted that the real estate market has been steadily rising over the past five years, with prices increasing each year. He attributed part of the surge in loan volumes to Bulgaria ’s
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