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
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...
The holiday complex in Sozopol offers well-developed infrastructure and a variety of opportunities for relaxation and entertainment.
In 2025, the Santa Marina holiday village in Sozopol celebrates its 20th season – an important milestone for one of the most successful and recognisable projects on the Bulgarian Black Sea coast. Over two decades, the complex has established itself as ...
Your experts in a fast-evolving Bulgarian property market!
June was an impressive month for the real estate market and a strong close to the first half of the year. Deals were finalized at a high pace, we opened a new office in Sunny Beach, launched operations in Shumen, appeared in national media, and reaffirmed our leading market position!
We are proud to present o...
Property prices in Sofia are still significantly lower than those in other European capitals
How will the property market in Bulgaria change after we join the eurozone? This is a key question for both property owners and those considering a purchase. Will prices rise? Will there be a slowdown? Should I buy, sell, or wait?
The experience of other countries shows that a...
