0
Hello,
Favourite properties (0)
Saved searches
Selected for you
Notifications
Subscriptions
Settings
Sign out
Close

Polina Stoykova on Bulgaria On Air's Money.bg

2023-09-28   |  www.bgonair.bg

Is there a "bubble" in real estate prices in Bulgaria and is the market about to shrink?

What are the most sought after homes, who is buying them and how is the Bulgarian market positioned compared to the rest of Europe.

Polina Stoykova MRICS - Managing Director and Head of Research of BULGARIAN PROPERTIES speaks on these and other topics in the economic TV show Money.bg.

The rapid growth of property prices, which we have witnessed in the past 2-3 years, has its prerequisites and they are related both to the COVID pandemic on one hand, and to inflation and income growth, which continues, on the other.

Prices have reached a peak that we have not seen for more than a decade. We are now seeing a slowdown in the rate of price increases. By no means can we talk about a price decline yet. Rather than the 20-25% increases that we saw last year, we are now seeing increases in the order of 10% and below this year. The fact is that the demand is there, deals are being done and the market continues to move forward.

Another difference is that transaction volumes are lower, but still 2022 was a peak year for the market in terms of transaction volumes, price increases and overall market activity. So we're back to a more normal market with a more moderate pace of development.

In the summer months, market activity declined. People were traveling and vacationing, but by the end of August and into September, they came back into the market and activity returned to last year's levels.

List a property for sale with us


  Read more news

Share
Central Park - the best-selling new development in Sofia
Homes for sale in one of the largest new construction developments in Sofia!

A unique gated complex recreating the style and atmosphere of New York's Central Park. Modern buildings, space, greenery and breathtaking views! A future icon of the Bulgarian capital that will bring a new standard for quality of life. Choose your home now - big choice and attractive prices!
See More
Looking for a Renovation Project in Bulgaria? 👇
You’ve just found the right place! BULGARIAN PROPERTIES offers a wide selection of affordable rural homes and renovation-ready properties across the country.

Whether you’re dreaming of a peaceful countryside escape or a charming village house to restore, we have great-value options — many under £10,000. Our team will guide you through the entire buying process and support you even after the deal is done.

Start your new chapter in Bulgaria with confidence and local expertise by your side!
See More

More News

latest news
A Place in The Sun: Essential guide to Bulgaria

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...

10 September, 2025
Company news
BULGARIAN PROPERTIES Agents of September 2025 🏆

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...

02 September, 2025
Company news
BULGARIAN PROPERTIES Agents of August 2025 🏆

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 ...

04 August, 2025
latest news
Bulgaria Joins the Eurozone on 1 January 2026

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...

09 July, 2025

REQUEST DETAILS