Call
Send Email
Messenger
WhatsApp
Polina Stoykova on NOVA News: Now is a very good time to sell a property in Bulgaria
The Managing Director of BULGARIAN PROPERTIES Polina Stoykova MRICS was a guest on the program "Your Day" with host Laura Indzhova on NOVA News.
She commented on the current trends in the Bulgarian residential property market in relation to the data released by the National Statistical Institute.
According to Polina Stoykova, although transaction volumes increased in the second quarter compared to the first quarter of the year, there was a decrease compared to the previous year. It varies between 10 and 15% in different regions of the country, even reaching up to 20% at the sea. 'It makes more sense to compare transactions on a year-on-year basis, as the first quarter is traditionally weaker economically,' she explained
'But we have to make the clarification that in 2022 we had a strong growth in transactions. That is, we are comparing to a peak period. Rather, we are now returning to a normal rhythm in the market.'
'There has also been a slowdown in the rate of price growth, from over 20% last year to 10-15% this year. There is no decline in demand, there is even a large portion that remains unsatisfied. People who are looking to buy to own their own home have returned to the market and they are the main driver of the market. In the past year, they had pulled back and waited due to the expectation of interest rate hikes, which in practice have not materialized to date.
As well as being a good time for those looking, it is a good time for those selling property. Prices have peaked, there is demand,' she explained.
List a property for sale with us
Get a free online valuation
Read more news
More News
As of 1 January, Bulgaria is officially part of the eurozone. What was discussed for years is now a reality – the euro is the country’s official currency, and Bulgaria has taken a decisive step into the core of the European economic framework.
This historic step brings long-term stability, new opportunities for businesses and investors, and greater confidence for citizens and intern...
The first days of January already set an exciting pace for the Bulgarian property market – with active buyers, numerous enquiries, and the first deals of the year!
In this dynamic environment, we are proud to present our Agents of the Month – the consultants at BULGARIAN PROPERTIES who stood out with their excellent work, professionalism, and personal approach to every client. Some...
Experts say Bulgaria’s entry into the eurozone does not automatically drive property prices upward, although the market remains under pressure. Polina Stoykova, executive director of BULGARIAN PROPERTIES, told NOVA NEWS that the market has cooled slightly in the second half of the year, following the initial surge in buyer interest after the announcement that Bulgaria would join the eurozone on Ja...
We’re wrapping up the year with confidence, professionalism, and a new era of real estate technology!
November shaped the final picture of 2025 – a strong, dynamic month with an active property market preparing for the euro and an important innovation: we launched our smart AI property search, now helping buyers and sellers connect more easily than ever!
Try it here.
...
