Call
Send Email
Messenger
WhatsApp
BULGARIAN PROPERTIES on Bloomberg TV: Bulgarian real estate market in 2020
On 14th of November Polina Stoykova MRICS, the Managing Director of Bulgarian Properties, was a guest in the program "In Development" with Veronica Denizova on Bloomberg TV. What awaits the Bulgarian capital real estate market in 2020? See what she said by the subject:
"We cannot speak of a bubble on the housing market in Sofia, as in this cycle it is driven by fundamental factors such as local demand, employment, income, interest rates, etc. 2019 has brought a price stability in Sofia," Stoykova noted. She explained that this year the market remains dynamic, people are interested in buying.
"With rising incomes and stable prices the real estate affordability is growing, also the low mortgage interest rates have a positive effect."
The guest pointed out that usually the last quarter of the year is very strong for the property market and 2019 confirms this fact - the activity has been increasing since the first days of October.
"The average price per square meter in Sofia for the third quarter is 1,088 Euros per square meter, based on real deals, " Stoykova said.
"According to buyers, 1,000 Euro per sq.m is an adequate price."
According to the expert, a price-drop is not expected soon, as there are no indications for it in the current economic situation. "It is clear that mortgage interest rates are not expected to rise soon, it will be more indicative to monitor the labor market factors, how unemployment will change," Stoykova explained.
Check our properties in Sofia
Read more news
More News
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...
The market for holiday properties on the Bulgarian Black Sea coast continues to develop actively in 2026, with interest remaining strong from both Bulgarian and international buyers. After years of strong growth, the market is entering a more mature phase – with more cautious clients, yet clear demand for quality properties at the right price.
Choosing the right locati...
The spring market is gaining momentum!
March showed that the real estate market in Bulgaria is developing in a stable and balanced way – with activity across all segments and transactions ranging from affordable properties to high-end homes.
In this dynamic yet more mature market environment, our Agents of the Month stood out – the experts at BULGARIAN PROPERTIES, wh...
