Call
Send Email
Messenger
WhatsApp
SeeNews: Sofia's avg housing prices up 4.0% in Q1
The average selling price of residential properties in Bulgaria's capital Sofia increased by 4.0% on an annual comparison basis in the first quarter of 2020, local company Bulgarian Properties said.
The average price of dwellings in Sofia reached 1,120 euro ($1,219) per sq m in the first quarter, the realtor said in a quarterly property market analysis published last week.
The average total selling price of apartments rose to 101,130 euro from 90,960 euro a year earlier, Bulgarian Properties said, adding the data is based on prices of concluded sale and purchase agreements.
Last month, data of the Bulgarian registry agency showed that most of the property transactions in the country entered in the registry in the first quarter were signed in Sofia but their number has decreased - 5,285, compared to 5,641 in the first quarter of 2019.
According to Bulgarian Properties, the residential market in Sofia has been exceptionally active until the middle of March, when the government imposed a countrywide state of emergency to contain the coronavirus outbreak.
There has been a certain degree of revival of the market as of the middle of April, as people have got used to the new situation and started resuming the implementation of their business plans and undertakings, the realtor concluded.
($ = 0.918480 euro)
See our properties for sale and rent in Sofia
Read more news
More News
Spring is approaching, and we continue the year with confidence and professionalism!
February confirmed the trend toward a more balanced and sustainable real estate market In Bulgaria after eurozone accession. Activity remains stable, negotiations are more thoughtful, and transactions are well-structured and carefully prepared.
In this environment, our Agents of the ...
On February 24, 2026, the Inter Expo Center in Sofia hosted the first edition of the Real Estate Business Forum for the year, organized by Imoti.net. The event brought together leading experts, managers, and professionals from the real estate sector to discuss the future of the industry, the role of technology, and the changing working environment for agencies.
Among the participant...
Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector. The adoption of the euro is no longer an expectation but a reality, and its impact is already visible across residential and investment markets. Greater transparency, improved confidence, and deeper integration with European financial systems are reshaping how property is priced, financed, and perceive...
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...
