Latest News

05.04.2019 Polina Stoykova for Strong start of 2019

BULGARIAN PROPERTIES won the Real Estate Agency award of the year, presented by Only a few hours after the ceremony, we talked with Polina Stoykova, CEO of the company.

"This is a well-deserved recognition because I think we have worked a lot in the past 15 years to get this award. I'm glad we were honored with this prize, and it puts a lot of challenges ahead of us, but we're not afraid, because that's what keeps us moving. We are constantly developing and we will defend this title" Stoykova said.

What's happening on the property market since early 2019?

There is a very active market. This comes even a little unexpected, compared to the minor atmosphere at the end of 2018. In the first three months of 2019, we see an extremely strong and active market.
In Sofia, people who have been postponing a property purchase for years, are already on the market making decisions and closing deals. The offering is pretty good, so I have more confidence that 2019 could be even better than the previous year.

Can we still find a new property below market rates?

Yet another year the new development properties are the top preference of buyers. Fortunately, there are still very reasonable investors who offer new construction at prices between 750 and 950 Euro/sq.m, which are lower than the average for the capital last year (authors note: 1090 Euro/sq.m).

Of course, these apartments are finished according to the Bulgarian State Standard, with plastered walls and cement screed floors, but the Bulgarians' preferences are to buy something that they can finish on their own, according to their preferences. That is what is currently being sought - new construction at prices about 800-900 Euro/sq.m.

The other thing that makes individual projects more preferable than others is how the areas are designed - both interior spaces and common areas. Because for similar projects - in one case there may be very large common parts or too large rooms that increase the area and make the price higher than another product that is better considered and allows for a lower budget for purchase.

So, these are the opportunities for prices below the market ones - to have well-designed dwellings, well-priced and to take into account the ergonomics of use and the space required.

What moves the market right now?

Low interest rates on loans are perhaps the most important factor driving the market at the moment. The interest rates are also supported by an increase in the economic well-being - incomes, low unemployment, and so on.

Unfortunately, for the moment, the second major engine - the foreign interest that has been lost in recent years - is still missing.

Forecast for 2019

2019 will be more relaxed and with lower price rises, i.e. prices will remain similar to what has been achieved and the growth rates will be within 2-3% per annum, in the next 1-2 years. This year will be calm and favourable for both buyers and sellers.

View our top properties in Sofia

  Read more news
The First "Bile Fest" - Herbs Dedicated Festival Will Be Held on the St. Anastasia Island in Bourgas


The island of Saint Anastasia will welcome guests with folk rituals for health and fertility in the first edition of the "Bile Fest", a heraldic festival, announced Burgas Municipality.

More than 50 participants will take part in the event with herbs and healthy foods, curative extracts and ointments, and will show the authentic ways of preparing them.

The accompanyin... read more

Comments from clients
Petya and Mihail, thank you so very much for everything you did for us during our first trip to your ...
I have just recently returned from my first trip to Bulgaria, although unsuccessful on this occasion ...
We have just returned from a successful trip having purchased a home in the Kjustendil area. Special ...
Properties on the Bulgarian Black Sea Coast - top selection!
Read topical information about Bulgarian real estate, economy and tourism!
Our team of experienced lawyers can consult you on any legal matter
Don't waste time for vewing trips! Organise property viewings via Skype!
Get to know more about our company!
Latest News
The New York Times: Plovdivs potential goes beyond culture and tourism


The US newspaper The New York Times published a broad article of journalist Sebastian Modak dedicated to the Bulgarian city Plovdiv.

The columnist of the New York Times says that it took him few days to realize that Plovdiv is not a place built around tourism, but rather a booming city whose appeal to travelers can and should extend beyond the historical allure that attracts so man... read more

European Night of Museums - Sofia 2019


For the fifteenth consecutive year on 18 May Sofia will mark the European Museum Night.

More than 50 galleries and museums have prepared an interesting program including exhibitions, concerts, workshops, screenings and various art events dedicated to the event.

Free entry.

European Museum Night - Sofia 2019 is organized by the French Institute in Bulgar... read more

NSI: Household Income Grows By 7.3% in 2018


The annual total income average per capita is 6 013 BGN in 2018 and increases by 7.6% compared to 2017. The total income average per household member increases 1.6 times during the 2009 - 2018 period.

The following more important changes with respect to the sources of total average inc... read more