INFLUENCE OF THE EPIDEMIOLOGICAL SITUATION IN 2020 ON THE PRICES OF RESIDENTIAL REAL ESTATE PROPERTIES IN THE CITY OF VARNA Cover Image

ВЛИЯНИЕ НА EПИДЕМИОЛОГИЧНАТА ОБСТАНОВКА ПРЕЗ 2020 ВЪРХУ ЦЕНИТЕ НА ЖИЛИЩНИТЕ ИМОТИ В ГРАД ВАРНА
INFLUENCE OF THE EPIDEMIOLOGICAL SITUATION IN 2020 ON THE PRICES OF RESIDENTIAL REAL ESTATE PROPERTIES IN THE CITY OF VARNA

Author(s): Yana Stoencheva
Subject(s): Economy, Business Economy / Management, Socio-Economic Research
Published by: Икономически университет - Варна
Keywords: Residential real estate property; Prices; Covid-19
Summary/Abstract: The present research is dedicated to the dynamics of the prices for two-bedroom apartments in the city of Varna during the months when the state of emergency was declared in Bulgaria with regard to due Covid-19 epidemic. That period covers the months March through until September. A stable rise of the prices has been established of the properties in prestigious areas, compared to the same months of 2019, as well as on a monthly basis within the year. A drop of fluctuating trends are observed in areas of less attractive locations. A conclusion is made that the purchase of a twobedroom flat in a prestigious area in Varna is a sustainable investment with a minimal risk of depreciation as a consequence of unpredictable crisis situation.

  • Page Range: 97-104
  • Page Count: 8
  • Publication Year: 2020
  • Language: Bulgarian