Call
Send Email
Messenger
WhatsApp
NSI: Home Prices in Bulgaria 28% Lower y-o-y
According to the latest analysis of the Bulgaria National Statistics Institute (NSI) the average decrease in home prices compared to 2008 is 28%. The average price of residential properties in Bulgaria for the period July-September 2009 is 1,021 BGN (about 522 EUR) per square meter as for the same period last year the average price was 1,418 BGN (about 725 EUR) per square meter.
In Sofia residential property prices have decreased by 6% in the third quarter of 2009 compared to the previous quarter but they still remain among the highest in the country – at an average of 1,640 BGN (about 838 EUR) per square meter. Only the apartments in the Black Sea city of Varna are more expansive as in the third quarter they were sold at an average price of 1,770 BGN (about 905 EUR) per square meter. In Varna the price decrease compared to the previous quarter is only 3%. The other city with comparatively expensive residential properties is Bourgas. Compared to the last quarter prices there have fallen by 6% and are already 1,379 BGN (about 705 EUR) per square meter.
The analyses of BULGARIAN PROPERTIES on the changes in property prices in 2009 show similar data to that of the NSI as the decrease in the different property segments caries between 25 and 55%.
Read more on the topic:
BULGARIAN PROPERTIES' 2009 Analysis of Business Properties – Offices and Shops Sales and Rentals
Mountain Resorts in Bulgaria Offer Lucrative Property Prices
The Crisis Didn’t Bypass Rural Properties in Bulgaria
The Elite Property Segment Will Be the First to Recover
Read more news
More News
Bulgaria has long appealed to British buyers more than other Eastern European destinations.
A mix of affordable beach, ski and village life, it offers a bit of everything and regularly features in A Place in the Sun’s Top 10 Best Places to Buy Abroad rankings.
In this year’s list, Bulgaria comes in at number nine - above Dubai - with the average property...
August was anything but a slow holiday month for the real estate market in Bulgaria!
✔ Deals were closed at full speed – from Bulgaria’s top seaside resorts to the ski resort of Bansko, where buyer interest reached new heights.
✔ The market remained active despite the summer breaks, and the impact of Bulgaria’s upcoming Eurozone entry is already starting...
Check out who are your trusted partners in a key moment for the Bulgarian real estate market!
July was a historic month – Bulgaria is officially joining the Eurozone on January 1st, 2026.
Amidst this major development, the property market across the country remained highly active – and the results speak for themselves!
We are proud to present our Agents of the ...
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...
