Call
Send Email
Messenger
WhatsApp
The CEO of BULGARIAN PROPERTIES About the Property Market on the Bulgarian National Television
Mihail Chobanov, the Executive Director of BULGARIAN PROPERTIES, commented the situation on the real estate market and the trends on the Bulgarian National Television morning program Denyat Zapochva.
Mr. Chobanov noted that in 2009 the prices of real estate in Bulgaria are not expected to increase but added that no mass decrease is expected either – this can happen only in certain segments. On the question about the situation on the credit market he answered that it is quite dynamic and that the situation there changes constantly.
BULGARIAN PROPERTIES’ Executive Director pointed out a couple of times that at the moment we are witnessing a market of lessors and lessees as most people are waiting to see what direction the real estate market is going to take.
On a viewer’s question whether the interest towards properties in the towns and villages around the big cities had increased Mihail Chobanov said that according to the company’s 2008 analysis more and more people are interested in the settlements around Sofia, Plovdiv, Varna and Bourgas and that there is a lasting trend on the part of Bulgarians to buy properties in these locations with the idea of moving to live there permanently.
In conclusion Mr. Chobanov noted that 2009 will be the year of the buyers with cash and of much more attractive real estate prices.
Click here to watch video
Video with English subtitles coming in few days. Please check again soon.
Request our annual market report
Read more news
More News
Summer is here, and the real estate market in Bulgaria continues to offer great opportunities for those who are well-informed and act at the right time!
May was a month of in-depth analyses and valuable market data, showing that the market is entering a more balanced phase. Buyers are becoming more cautious, supply is gradually increasing, and successful transactions increasingly d...
After two years of exceptionally strong price growth, limited supply and euphoria fuelled by the expected introduction of the euro, Sofia’s residential property market entered a new cycle in the first quarter of 2026.
The period was characterised by existing demand, but also by more moderate activity, as buyers and sellers reassessed their behaviour.
The market began ...
The first quarter of 2026 marks the beginning of a new stage in the development of Bulgaria’s property market, which is moving from a period of accelerated transactions in 2024–2025 into a phase of normalization, characterized by more mature and rational buyer behavior.
This shift is also visible in an analysis of nearly 15,000 real searches made between January and Ma...
The market is rebalancing – and great results come with the right strategy!
April brought clear signals of a new phase in the real estate market in Bulgaria – a more moderate pace, more cautious buyers, and increasing supply. And yet, deals are happening across all segments when properties are positioned correctly.
In this more mature and competitive environment, our Agents ...
