Mortgage loans reached 9.45 BGN bil in 2017 in Bulgaria, according to the National Central Bank. This is 7.40 % more than in the previous year.
Historically, mortgage loans in Bulgaria reached an all time high of 9.45 BGN bil in 2017 and an all time low of 0.001 BGN bil in 1996. When compared to Bulgaria's main peers, mortgage loans in Greece amounted to 66.1 EUR bil, 82.1 RON bil in Romania, 356 RSD bil in Serbia and 193 TRY bil in Turkey in 2017.
Bulgaria has been ranked 75th within the group of 89 countries we follow in terms of mortgage loans, 25 places behind the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.