Call
Send Email
Messenger
WhatsApp
BULGARIAN PROPERTIES Publish Their Real Estate Market Analysis 1Q 2011
The stabilization on the Bulgarian property market which started in the middle of 2010 continued in the first quarter of 2011. The increase in sales is still small – only 3% compared to 1Q of 2010, but the first positive signal comes from the market in Sofia, where according to the data of BULGARIAN PROPERTIES property sales doubled compared to the same period last year.
Highlights:
• Increase in the overall number of sales by 3% compared to 1Q 2010
• Retention of property prices in the capital Sofia, similar to those from the second half of 2010
• Decrease in average prices in Bansko by 10% and even more in the other ski resorts in Bulgaria and lack of interest in properties in the ski resorts
• Retention of property prices along the southern Bulgarian Black Sea coast and an increase in the number of concluded deals compared to the same period last year, the main buyers being Russians and from Russian speaking countries
• Partial return of British buyers looking for cheap rural houses and holiday homes
• Overall decrease in the sales of rural properties but a more dynamic market of more expensive rural houses ready to live in
The main property buyers continue to be Bulgarians and Russians as Bulgarians are active mostly on the market in Sofia and the other big cities and the Russians – in the beach resorts. In February British buyers started returning as they choose mostly cheap rural houses and discounted holiday apartments in Bansko and in beach resorts priced up to 20,000 Euro.
If you wish to receive on your e-mail the full analysis of the property market in Bulgaria 1Q 2011 click here
---
Copyright: 2011 Bulgarian Properties Ltd. All rights reserved. For further information or advice please contact us on tel.: +359 2 9 11 50 or e-mail: info@bulgarianproperties.com. The use of this article by third parties is allowed only with proper quotations of the source www.BulgarianProperties.com and the Author of the article. The data in this material has been collected by the Author and Bulgarian Properties Ltd. and is presented for information purposes only. We have made every effort to ensure the accuracy of the data. However, Bulgarian Properties Ltd. cannot be held responsible for loss or damage as a result of decisions made based on the information presented in this article.
© Bulgarian Properties Ltd. 2011.
Read more news
More News
The first months of 2026, following Bulgaria’s accession to the eurozone, outline a new dynamic in the residential property market. After the record activity in 2025, when many buyers accelerated their decisions in anticipation of the introduction of the euro, the market is gradually beginning to return to a more moderate and sustainable pace.
Although official statistics for the e...
Spring is approaching, and we continue the year with confidence and professionalism!
February confirmed the trend toward a more balanced and sustainable real estate market In Bulgaria after eurozone accession. Activity remains stable, negotiations are more thoughtful, and transactions are well-structured and carefully prepared.
In this environment, our Agents of the ...
On February 24, 2026, the Inter Expo Center in Sofia hosted the first edition of the Real Estate Business Forum for the year, organized by Imoti.net. The event brought together leading experts, managers, and professionals from the real estate sector to discuss the future of the industry, the role of technology, and the changing working environment for agencies.
Among the participant...
Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector. The adoption of the euro is no longer an expectation but a reality, and its impact is already visible across residential and investment markets. Greater transparency, improved confidence, and deeper integration with European financial systems are reshaping how property is priced, financed, and perceive...
