Call
Send Email
Messenger
WhatsApp
BULGARIAN PROPERTIES Participated in Imoti.net Business Breakfast
The final Business Breakfast for the year, organized by the property portal imoti.net, was held at Grand Hotel Sofia on December 04th 2019.
More than 150 representatives of the leading real estate agencies, construction companies, organizations and local authorities discussed the state of the property market in the capital and the future development of the city.
The focus of the discussion was the development of Northern Sofia, with the event being honored by Lilia Donkova, Mayor of Kremikovtsi area and Zlatko Zlatkov, Deputy Mayor of Novi Iskar area.
Polina Stoykova, CEO of BULGARIAN PROPERTIES - Agency of the Year at Imoti.net Annual Awards, opened the discussion by presenting a thorough analysis of the property market over the past year.
She noted that the prices in Sofia remained stable in 2019. In the third quarter, the average price per square meter in Sofia was the same as a year earlier.
Sales have increased over the past year, with the State Registry Agency noting an increase of about 6% in 2019 compared to deals concluded in 2018.
Polina Stoykova pointed as one of the main trends for this year that the perimeter of demand is expanding in different regions of Sofia. Although buyers now prefer the Southern quarters of the capital, this year there is a significant increase in sales in the Northern and Western regions.
The average cost per square meter in the capital is about 1090 Euro. Prices in the top southern neighborhoods of Lozenets, Strelbishte, Gotse Delchev and Krustova Vada range between 1300 and 1600 Euro. At the same time, new construction properties can be found in the Northern quarters at prices between 750 and 950 Euro / sq.m, which attracts the buyers’ interest.
One-bedroom apartments account for about 65% of the purchased properties at the end of 2019, and about 30% of the buyers prefer two-bedroom apartments.
Vacation properties in the country remain at relatively low prices. The price in Bansko is about 400 Euro per square meter and in Sunny Beach it is less than 500 Euro. Prices for 2020 are expected to remain unchanged.
The Business Breakfast in Sofia is part of Imoti.net Annual Awards project, which aims to promote and encourage the best practices in the sector. BULGARIAN PROPERTIES is the current Agency of the Year winner in these Annual Awards.
See our properties in Bansko
Top deals on the sea
Read more news
More News
In a historic and long-anticipated move, the Council of the European Union has given its final approval for Bulgaria to adopt the euro as its official currency. As of 1 January 2026, Bulgaria will become the 21st member of the euro area, marking a significant step forward in the country’s European integration.
This milestone is not just symbolic — it represents a major economic achi...
The holiday complex in Sozopol offers well-developed infrastructure and a variety of opportunities for relaxation and entertainment.
In 2025, the Santa Marina holiday village in Sozopol celebrates its 20th season – an important milestone for one of the most successful and recognisable projects on the Bulgarian Black Sea coast. Over two decades, the complex has established itself as ...
Your experts in a fast-evolving Bulgarian property market!
June was an impressive month for the real estate market and a strong close to the first half of the year. Deals were finalized at a high pace, we opened a new office in Sunny Beach, launched operations in Shumen, appeared in national media, and reaffirmed our leading market position!
We are proud to present o...
Property prices in Sofia are still significantly lower than those in other European capitals
How will the property market in Bulgaria change after we join the eurozone? This is a key question for both property owners and those considering a purchase. Will prices rise? Will there be a slowdown? Should I buy, sell, or wait?
The experience of other countries shows that a...
