Call
Send Email
Messenger
WhatsApp
Properties in Bulgaria remain in state of weightlessness
Relatively few deals on the property market – similar to the previous year, possibly a slow but steady price drop and demand for cheaper homes. This is what real estate agents in Bulgaria forecast for 2012.
Specific forecasts are difficult to make, says Polina Stoykova, Chief Operations Manager of BULGARIAN PROPERTIES. According to her this is due to the insecurity connected to the sovereign debt crisis and Europe’s future. It looks like 2012 will be a tough year and both the economies and the markets will face quite a few challenges.
According to the company’s data in the last few months the property market has maintained a relatively stable volume of deals, similar to the same periods in 2010. The changes in property prices are minimal. This means the market has set at “crisis levels” which are stable for now.
It is possible that in 2012 property prices will continue to be in a state of weightlessness and due to the lower demand and negative economic expectations they might continue to fall slowly but steadily, comments Polina Stoykova. On the other hand, at present the market has already reached a balance in the separate price segments at which deals are concluded and these levels might remain relatively stable. However, it is expected that the asking prices and the prices at which deals are concluded will converge more as there still is a big difference between them.
If the sovereign debt crisis problems start being solved, even at the cost of a slower economic recovery, and if there are no big shocks and changes, the number of deals in 2012 will retain their “crisis levels” from 2010, BULGARIAN PROPERTIES say. As in 2011, buyers will continue to look mainly for cheap bargain properties. The most active buyers will continue to be Bulgarians and Russians, in the residential and holiday home segments respectively.
Browse through our DISCOUNTED PROPERTIES
Read more news
More News
The first month of 2026 has passed – the first after Bulgaria’s entry into the Eurozone. The market returned to a normal pace, interest in properties remained high, and deals continued to close across the country.
In this context, we proudly present our Agents of the Month – the professionals at BULGARIAN PROPERTIES, who stood out with their results, personal approach, and dedicatio...
Intermediaries expect a stronger supply of housing in 2026. According to them, this will lead to a calming of the rate of appreciation of this type of property, which is definitely not “healthy“ for the market.
“At the end of 2026, we can expect price increases to approach inflation or fall to below 10%“, predicts Polina Stoykova, CEO of BULGARIAN PROPERTIES.
In the ...
The authoritative business publication Capital approached BULGARIAN PROPERTIES as one of the most active and long-established real estate agencies in Bansko, well known among both Bulgarian and international clients, to provide up-to-date and reliable insights into local market trends and buyer profiles.
In the feature article by Boryana Gencheva, our local office agen...
For the 18th consecutive year, BULGARIAN PROPERTIES presented its annual awards for best results and significant achievements.
2025 was another strong year for both BULGARIAN PROPERTIES and the real estate market in Bulgaria as a whole, with an increase in transactions and accelerated price growth prior to our entry into the eurozone.
This allowed us t...
