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
Discover wonderful homes in the Bulgarian beach resorts!
Check out our selection of properties on the Bulgarian Black Sea Coast! Attractive prices, regular flights to Burgas and Varna international airports. Perfect for frequent visits, summer holidays, family gatherings and more.
See More
Properties with video
Only on our website you will find a variety of properties in Bulgaria with videos. Don't waste time, view them online - on your phone, laptop or tablet, at a convenient time and without the need for an inspection trip and personal visit. Welcome for video viewings with BULGARIAN PROPERTIES!
See More

More News

Company news
BULGARIAN PROPERTIES Has Partnered with OKOL Lake Park to Sell Apartments in the Project

This partnership combines the ambitious vision of OKOL Lake Park with BULGARIAN PROPERTIES’ many years of experience and international client network.

We are pleased to announce that BULGARIAN PROPERTIES has become a partner of OKOL Lake Park for the sale of apartments in the complex.

This new partnership brings together one of the most impressive new re...

29 July, 2026
Press & Media
The Real Estate Market in Bulgaria: Is There a Decline in Transactions and a Change in Prices?

According to industry data, the number of real estate transactions in Bulgaria has decreased by between 15 and 20% nationwide, but this has not led to a drop in prices. On the contrary—they have risen by about 25% year-over-year, Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES, noted on “Good Morning, Europe.” According to her, buyers’ interest is increasingly focused on larger ho...

17 July, 2026
Company news
BULGARIAN PROPERTIES Agents of July 2026

Summer is in full swing, and the property market in Bulgaria continues to offer excellent opportunities for those who stay informed and act at the right time.

June brought valuable market insights and in-depth analysis, confirming that the market is moving into a more balanced phase. Buyers are becoming more selective, supply is gradually increasing, and successful transactions inc...

02 July, 2026
latest news
The Holiday Property Market in 2026: Price Pressure and a Reshaping of Demand

After several years of steady price growth, increased investment demand and more active participation from both Bulgarian and international buyers, in 2026 the holiday property market in Bulgaria is entering a more mature phase. The main resorts along the Black Sea coast and in the mountain destinations continue to form the core of supply and demand, but the market dynamics are now shifting from “...

25 June, 2026

REQUEST DETAILS