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 Bulgarian property market has found its new balance and continues to move forward!
October was a busy, active and productive month for BULGARIAN PROPERTIES. We successfully completed numerous property transactions, while renewed market activity gave us encouraging signals for the final quarter of the year.
Almost a year after Bulgaria adopted the euro, t...
Polina Stoykova MRICS discusses buyer behaviour, successful property sales and the outlook for the sector
BULGARIAN PROPERTIES took part as a partner in the Real Estate Business Forum, organised by Imoti.net on 20 October 2026 at Inter Expo Center in Sofia. The forum focused on changes in the property market, prices and transactions, new developments, mortgage lending, and the role ...
A new season, a new address and the same dedicated team! BULGARIAN PROPERTIES now welcomes clients and partners at its new office at 5, Gotse Delchev Street, Bansko.
As the winter season approaches, we invite anyone considering buying or selling a property in the area to visit us. Whether you are looking for a cosy ski apartment, a permanent home in the mountains or an investment pr...
Bulgaria’s capital has topped the European Best Destinations ranking, putting Sofia in the international spotlight as an exciting place to visit, live and invest in property.
Sofia has been named Europe’s Best City Break Destination for 2027, taking first place in the prestigious ranking by European Best Destinations.
The Bulgarian capital emerged as the...
