Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Real estate market in Bulgaria freezes at 2023 levels

Photo: BGNES

The real estate market in Bulgaria "froze" at last year's levels. According to the data of the National Association "Real Estate", quoted by BTA, an exception are the big cities, where there is an increase in the number of transactions. By the end of 2024, sales are expected to be between 215,000 and 216,000, as in 2023.

In terms of house prices in 2025, the association forecasts that the current growth trend will continue, with an increase of 10 per cent or just over 10 per cent year-on-year. According to the Real Estate National Association, the stagnant market is due to the uncertainty surrounding the country's accession to the eurozone. It is expected that there will be price increases after Bulgaria's entry into the eurozone, but if it is delayed it is more likely that the market will remain at the same levels. 

The trend towards buying larger properties is continuing, especially in Sofia, in areas suitable for families with children. Around higher education institutions and business parks, young people working and studying in these areas are looking for smaller homes. Investors who want to buy properties to rent them out also prefer smaller properties in these neighbourhoods.

Homebuyers in the country are creditworthy, around 35-40 years old, young enough to be able to get a loan for a longer period than 30 years. They have secure incomes and can service their loans. Some of them also have already accumulated savings which they can afford to buy the property they want with their personal funds.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Premier Rosen Zhelyazkov

A permanent coordination mechanism will counter smuggling

A permanently functioning coordination mechanism will control, prevent and counter smuggling, Prime Minister Rosen Zhelyazkov announced after a meeting with representatives of the services. "The objectives are clear, and the approach will be solid",..

published on 4/9/25 1:36 PM

PP-DB calls for the resignation of Road Infrastructure Agency chief

“We Continue the Change – Democratic Bulgaria” called on Minister of Regional Development Ivan Ivanov to immediately dismiss the chair of the Management Board of the Road Infrastructure Agency, Eng. Yordan Valchev. “The reasons for..

published on 4/9/25 11:31 AM

Two Egyptian vultures found poisoned in the Eastern Rhodopes

The Bulgarian Society for the Protection of Birds published information on its Facebook page about two poisoned Egyptian vultures in the Eastern Rhodopes. A female bird, with a transmitter attached, died in the hands of Dr...

published on 4/9/25 10:23 AM