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
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
Your Home with a Pool in Bulgaria
Discover a carefully selected collection of houses and villas with swimming pools across Bulgaria. Explore attractive homes by the sea, in the countryside and near popular holiday destinations – ideal for permanent living or memorable escapes. Browse the selection and take the first step towards owning your dream home with a pool in Bulgaria.
See More

More News

latest news
Bulgaria Ranks 12th Among the Best Countries to Live in 2026

Bulgaria has been ranked 12th among 192 countries in the Rumavi Global Relocation Index 2026, reinforcing its position as an increasingly attractive destination for living, working, retiring and investing in property.

Bulgaria has achieved an impressive 12th place in the global Best Countries to Live in 2026 ranking, compiled as part of the Rumavi Global Relocation Ind...

06 August, 2026
Company news
BULGARIAN PROPERTIES Agents of August 2026

Summer is in full swing, and the property market continues to prove that the right listings make all the difference! ☀🏡

July brought important market data and sparked wide discussion about the future direction of transaction volumes and property prices. The market is entering a more balanced phase, buyers are becoming more cautious, and their choices are increasingly s...

04 August, 2026
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

REQUEST DETAILS