Call
Send Email
Messenger
WhatsApp
The housing market in Plovdiv: Price growth is accelerating
Plovdiv is among the most dynamic residential markets in the country with increased demand and insufficient supply, leading to accelerating growth in the property prices.
The tangible rise in prices began at the end of 2016, reaching 11% in the third quarter of 2017, according to BULGARIAN PROPERTIES. The average sale price of the dwellings in Plovdiv is 650 Euro/sq.m. for this period, as transactions are made even at higher than the average prices - about 700 Euro/sq.m., according to company data.
Currently, the demand is outpacing the supply, and although many new buildings are coming out on the market, buyers are still cautious about off-plan purchases. This supply is expected to be felt on the market after mid-2018, when the construction of the new buildings will have advanced.
According to Tsvetelina Paskova, senior estate agent of BULGARIAN PROPERTIES in Plovdiv, the preferred areas for purchase are the city center, Karshiyaka district, the area around the Rowing Base. "Real estates are sought after for both a residence and an investment, and there is a foreign interest in the investment because of the strong rental market," Paskova said.
"Property prices in Plovdiv are about 40% lower than those in Sofia, and the rents that can be achieved are similar to those in the capital, which makes the rental yields in Plovdiv higher than in Sofia and, accordingly, the housing market in the second largest city in Bulgaria is extremely attractive for investors from the country and abroad, "Paskova added.
According to the Registry Agency, the sales volumes in Plovdiv have dropped in the third quarter, but this is due to the large share of purchases of new construction and the not yet recorded deals with properties from this type.
Check out our best offers in Plovdiv
More News
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 ...
The real estate market in Bulgaria at the beginning of 2026 remains active. After a period of accelerated growth over the past year—driven by a combination of factors such as strong bank lending, limited supply in key segments, and expectations surrounding the country’s entry into the eurozone—the first months of the year are showing signs of stabilization rather than continued rapid growth. Deman...
