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

Polina Stoykova on NOVA News: Now is a very good time to sell a property in Bulgaria

2023-08-03   |  NOVA News

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

Share
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
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 Agents of November 2026

🍂 The Bulgarian property market has found its new balance and continues to move forward!

October was a busy, active and productive month for BULGARIAN PROPERTIES. We successfully completed numerous property transactions, while renewed market activity gave us encouraging signals for the final quarter of the year.

Almost a year after Bulgaria adopted the euro, t...

03 November, 2026
Company news
BULGARIAN PROPERTIES at Real Estate Business Forum: The New Reality of the Property Market

Polina Stoykova MRICS discusses buyer behaviour, successful property sales and the outlook for the sector

BULGARIAN PROPERTIES took part as a partner in the Real Estate Business Forum, organised by Imoti.net on 20 October 2026 at Inter Expo Center in Sofia. The forum focused on changes in the property market, prices and transactions, new developments, mortgage lending, and the role ...

21 October, 2026
Company news
BULGARIAN PROPERTIES Welcomes the Winter Season at Its New Bansko Office

A new season, a new address and the same dedicated team! BULGARIAN PROPERTIES now welcomes clients and partners at its new office at 5, Gotse Delchev Street, Bansko.

As the winter season approaches, we invite anyone considering buying or selling a property in the area to visit us. Whether you are looking for a cosy ski apartment, a permanent home in the mountains or an investment pr...

26 October, 2026
latest news
Sofia Named Europe’s Best City Break Destination for 2027

Bulgaria’s capital has topped the European Best Destinations ranking, putting Sofia in the international spotlight as an exciting place to visit, live and invest in property.

Sofia has been named Europe’s Best City Break Destination for 2027, taking first place in the prestigious ranking by European Best Destinations.

The Bulgarian capital emerged as the...

13 October, 2026

REQUEST DETAILS