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BULGARIAN PROPERTIES Agents of December 2023
As we enter the final month of our landmark 20th year, we at BULGARIAN PROPERTIES welcome December with pride and inspiration! Following two consecutive strong months in the property market, hundreds of successful transactions, and our top consultants continuously enhancing their skills, we are reinforcing our leading market position.
Before introducing our agents of the month and congratulating them on their achievements, we would like to share some key market data and our forecasts for its development in the coming year.
Check out an interview with our managing director here. It will give you up-to-date data and perspectives on Bulgarian property market development, based on our 20 years of experience.
2023 has been a year of achievements and challenges, during which the market maintained its stability despite various upheavals and risks. We achieved a new balance with higher prices and favorable conditions for transactions. In the remaining days of the year, our goal is to finalize as many deals as possible and prepare for a successful start to the new year.
Finally, it's time to applaud our December agents of the month – the true professionals you know and trust!
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"There is definitely an activation of the property market in Bulgaria, as strange as this may sound against the backdrop of the previous strong years. The market has been extremely dynamic since the beginning of 2025 with demand increasing by between 30% to 50% more enquiries. We are seeing active buyers ready to make decisions and conclude deals."
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Owning a holiday property in a beach or ski resort in Bulgaria is a dream come true for many. But with time, some owners begin to feel that the maintenance of such a property requires not only time and attention, but also a stable budget. The mandatory maintenance fee often proves to be a key factor in deciding whether to keep or sell their property.
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Completed property transactions in Sofia and Burgas in the first quarter of this year are at their highest level in at least 20 years, as long as data are available on the website of the Registry Agency. In Sofia they crossed the 8,000 transactions threshold in the first quarter for only the second time since 2005. The first time this happened was in 2008, which was followed by a pro...
