Call
Send Email
Messenger
WhatsApp
The housing market in Bulgaria at the start of 2025 - summary and forecast
Hello and Happy New Year!
Let's start it with a summary and some thoughts on what lies ahead for the housing market.
2024 started as the year with a lot of question marks and turned into another successful year for the property market in Bulgaria - says Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES.
There was uncertainty and ambiguity on many issues - whether mortgage interest rates will be raised, when Bulgaria will be accepted into the eurozone, whether the inflation rate will calm down, what will happen to the property supply and whether it will increase.
In the end, many of the negative expectations for the market did not come true. Interest rates remained at historic lows and bank lending continued to grow in volume. This naturally led to an acceleration in the rate of price growth, particularly in the second half of the year, and by the end of 2024 we were seeing year-on-year increases of 10-15% in different areas of the country.
Demand remained strong and was not met by available supply, which kept property prices high. New construction is trying but failing to meet all demand. Still, we can say that new construction has been the most preferred by buyers over the last 10 years and this trend remains persistent.
What can we expect in the property market in 2025?
The new year also brings its unknowns, but overall it will not be significantly different from the boom years after 2020. Supply will remain limited, at least until there is clarity on our entry into the eurozone, and demand will remain high due to available bank funding. The labour market will continue to support demand with low unemployment and rising incomes, although the pace of growth may slow down.
Based on empirical research on market drivers, the strongest influences are housing loan volumes and price growth momentum. That is, even these two factors alone suggest that at least the first half of 2025 will not bring significant changes to the housing market in Bulgaria.
"Overall, I expect another strong year, in which I hope the market will achieve better balance and stability to maintain buyers' confidence and willingness to invest in property," Stoykova sums up.
How much is your property worth at the start of 2025? 👇
More News
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...
The first month of 2026 has passed – the first after Bulgaria’s entry into the Eurozone. The market returned to a normal pace, interest in properties remained high, and deals continued to close across the country.
In this context, we proudly present our Agents of the Month – the professionals at BULGARIAN PROPERTIES, who stood out with their results, personal approach, and dedicatio...
