Where to buy a seaside property in Bulgaria in 2026?

BULGARIAN PROPERTIES — Tue, 14 Apr 2026 00:00:00 GMT

The market for holiday properties on the Bulgarian Black Sea coast continues to develop actively in 2026, with interest remaining strong from both Bulgarian and international buyers. After years of strong growth, the market is entering a more mature phase – with more cautious clients, yet clear demand for quality properties at the right price.Choosing the right location remains a key factor. Depending on the goal – personal use, investment, or a combination of both – different regions along the Black Sea coast offer distinct advantages.🌊 The Most Popular Markets: Sunny Beach, Nessebar, and Sveti VlasIf the goal is profitability, the area around Sunny Beach and Nessebar remains unrivaled.Here you will find:• The largest selection of properties• An active tourist flow• Excellent opportunities for short-term rentalsSveti Vlas adds a higher class and tranquillity,

The Real Estate Market In Bulgaria After the Euro: More Sellers, More Cautious Buyers, and Signs of Slowing Price Growth

Tue, 24 Mar 2026 00:00:00 GMT

The first months of 2026, following Bulgaria’s accession to the eurozone, outline a new dynamic in the residential property market. After the record activity in 2025, when many buyers accelerated their decisions in anticipation of the introduction of the euro, the market is gradually beginning to return to a more moderate and sustainable pace. Although official statistics for the end of 2025 and the beginning of 2026 have not yet been released, experts in the sector report that certain trends are already visible – a sharp increase in supply compared to last year, some cooling among buyers, and a slowdown in the pace of housing price growth.More sellers after the eurozone entryOne of the most visible changes at the beginning of 2026 is the increase in the number of properties offered for sale. The period of 2024 and 2025 was dominated by buyers, when it was difficult to find completed

🏔️ BULGARIAN PROPERTIES in front of Capital for properties in Bansko

Thu, 05 Feb 2026 00:00:00 GMT

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 agents at BULGARIAN PROPERTIES — Ivan Pinchov and Tsvetanka Parapunova — commented on the current market trends as follows:📍 Ivan Pinchov emphasizes that the Bansko market is no longer limited to traditional seasonal buyers. According to him, the resort is establishing itself as a year-round destination for living, remote work, and long-term investment, attracting buyers and investors from various countries with diverse intentions for property use.📊 He notes that compared to previous years, there is

The Winners of the 18th Annual Awards of BULGARIAN PROPERTIES

Wed, 28 Jan 2026 00:00:00 GMT

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 to strengthen our market position, expand into new markets, and work on some of the most large-scale and landmark new development projects. We successfully facilitated the sale of a diverse range of properties across all regions of Bulgaria, contributing to regional growth while reinforcing our leading role in property marketing and sales nationwide.Here are the winners for 2025 🏆👏HIGHEST VOLUME AND SALES GROWTHThe winners in this category are:• Head Office Sofia for highest number of sales• Varna Office for

Bulgaria in the Eurozone: What This Means for the Property Market

BULGARIAN PROPERTIES — Wed, 07 Jan 2026 00:00:00 GMT

As of 1 January, Bulgaria is officially part of the eurozone. What was discussed for years is now a reality – the euro is the country’s official currency, and Bulgaria has taken a decisive step into the core of the European economic framework.This historic step brings long-term stability, new opportunities for businesses and investors, and greater confidence for citizens and international partners alike.For the property market, this milestone brings confirmation and confidence, rather than sudden or dramatic change.Property Prices Were Already in EurosIn real estate terms, Bulgaria has long been operating in euros. Property prices across the country – from city apartments and new residential projects to holiday homes and investment properties – have traditionally been quoted, negotiated, and compared in euro values.The market is already calibrated to euro-based pricing, making

Happy Holidays from BULGARIAN PROPERTIES!

Mon, 22 Dec 2025 00:00:00 GMT

Dear friends and partners,We sincerely thank you for the trust you have placed in us throughout 2025! 🙏Thank you for choosing us to help you realize your important decisions - whether it was selling a property, buying a new home, or investing in the future.🏡 It has been a privilege for us to be by your side - with every contract signed, every dream fulfilled, and every successful collaboration.✨ May 2026 bring you health, prosperity, and satisfaction - personal and professional success, new opportunities, and joyful moments with your loved ones.🤝 In the new year, we will remain your trusted partner with even more energy, professionalism, and desire to support you in your real estate transactions.Sincerely yours,The team at BULGARIAN PROPERTIES

BULGARIAN PROPERTIES presents Bulgaria's first AI property search engine

BULGARIAN PROPERTIES — Mon, 24 Nov 2025 00:00:00 GMT

Are you tired of searching the old way? Try something new on our website!BULGARIAN PROPERTIES announces the launch of a revolutionary new feature on its website —an AI search engine with natural language processing that allows users to search for properties by describing what they need in words. It understands the meaning of what is written and returns the most accurate and relevant results without the need for complex filters, drop-down menus, and dozens of additional specifications.This is the first search engine of its kind in Bulgaria and one of the few in the world. For the Bulgarian real estate market, this is an entirely new step forward.Looking for a property? Just write what you want The AI search engine can understand questions and requests such as:• "Rural house under 20 000 pounds"• "1-bed in a new development in Sofia"• "1 or 2 bedroom

Prices in Sofia reach record highs – discover the latest trends and what to expect in 2026.

Tue, 28 Oct 2025 00:00:00 GMT

The forum is over, but the market insights are just beginning!📊 At the Real Estate Business Forum, organized by Imoti.net (part of Investor Media Group), Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES, presented the latest data on the Sofia real estate market and shared her outlook ahead of Bulgaria’s expected entry into the eurozone.📈 Key Market Highlights:✅ Property prices in Sofia reached record levels – averaging € 2,310 per sq.m, marking a 25.5% annual increase. This is the highest growth since the inflation peak in 2022.✅ Since 2020, property prices in Sofia have doubled, but so have average salaries, which keeps housing affordability stable. According to BULGARIAN PROPERTIES, approximately 1.2 average Sofia salaries are needed to purchase 1 sq.m of residential property.✅ The market remains stable

Discover the new AI functionality in your personal profile

BULGARIAN PROPERTIES — Mon, 13 Oct 2025 00:00:00 GMT

At BULGARIAN PROPERTIES, we believe that finding your dream home should be fast, easy, and perfectly tailored to your needs.That’s why we’ve added a brand new feature to your personal profile on our website – a special section with properties selected by artificial intelligence based on your interests and searches.Our smart algorithm analyzes what you’re looking for and recommends the most relevant offers – so now, the properties come to you!In your personal profile, you can also find:⭐ Your Favourite properties🔍 Saved searches🔔 Archive of all notifications from us⚙ Your profile settings and personalization options👉 Log in to your profile and explore the properties chosen especially for you!And if you don’t have an account yet – now is the perfect time to create one!Register today and enjoy all the benefits of the

Bulgaria is back on the map for British buyers!

BULGARIAN PROPERTIES — Tue, 07 Oct 2025 00:00:00 GMT

20 years after the first wave of interest, more and more Brits are once again discovering Bulgaria as the perfect place to buy a holiday home or retire.Meet Yossef from the UK. He came to explore villages near Elhovo with the help of BULGARIAN PROPERTIES and quickly fell in love with the warmth of the people, the clean air, and the peaceful lifestyle.“This is going to be my place. I’m going to retire here.”From charming houses starting at just €22,000 (see the house from the video here) to self-sufficient living surrounded by nature, Bulgaria offers a lifestyle many only dream about.👉 Watch Yossef’s story and see why Bulgaria is winning hearts again: 📞 Ready to start your journey? Contact BULGARIAN PROPERTIES today and let us help you find your dream home in Bulgaria.View our houses near ElhovoView all rural housesHouses under Ј 10,000

BULGARIAN PROPERTIES expands its operations with a representative in Shumen

BULGARIAN PROPERTIES — Mon, 23 Jun 2025 00:00:00 GMT

We are pleased to announce starting operations in Shumen area, with which we continue to pursue our mission – to be present in every region of Bulgaria, providing you with professional service, security and full support in real estate transactions.Our new regional representative for Shumen and the surrounding areas is Galina Kirilova – a licensed real estate appraiser and proven expert with over 15 years of experience in sales, consulting and customer service.Galina is a native of Shumen and has excellent knowledge of the local market. She graduated from the University of Economics – Varna with a degree in Trade Economics and has a diverse background in property management, direct sales and advertising. Her expertise is complemented by her high level of analytical skills as a certified appraiser and her ability to prepare professional valuations of various types of real estate –

New Office Opening in Sunny Beach

BULGARIAN PROPERTIES — Tue, 10 Jun 2025 00:00:00 GMT

New season, new office, same trusted team!With the summer season in full swing, we are excited to share some great news — the BULGARIAN PROPERTIES office in Sunny Beach has moved to a new and more convenient location!📍 You can now find us at the Trakia Apartments complex, ground floor — right across from T Market.📅 The official opening was held on 7 June 2025, in a warm and festive atmosphere with colleagues from our offices across the country. A big thank you to everyone who joined us for this special moment!The new location offers easier access and a modern space where we’ll continue to provide the highest level of service, expert consultations and property viewings.With this move, we reaffirm our position as a leading real estate agency on the Bulgarian Black Sea coast, ready to assist you in buying, selling or renting property in Sunny Beach and the

Buyer matters: types of property buyers and what every seller should know about them?

BULGARIAN PROPERTIES — Wed, 14 May 2025 00:00:00 GMT

Price. This is the most important topic that interests all property sellers. However, getting a good deal is not just a function of market conditions - a key element that often gets left behind is who we are selling to. Different types of buyers have their own pace of decision making, priorities and requirements when choosing, risk factors, and different negotiation methods. If we know the approaches to the different buyers, it provides us with better positions for negotiating the terms of the deal, and often can speed up the realization of the property - say the brokers of BULGARIAN PROPERTIES and point out that it is in these specifics is the hidden role of a good intermediary.Here's who the main types of property buyers are and what's the most important thing to know about them when selling:Own-use buyerThese are people looking for their new home - often families, couples or

Important for holiday property maintenance fee

BULGARIAN PROPERTIES — Tue, 22 Apr 2025 00:00:00 GMT

Owning a holiday property in a beach or ski resort in Bulgaria is a dream come true for many. But with time, some owners begin to feel that the maintenance of such a property requires not only time and attention, but also a stable budget. The mandatory maintenance fee often proves to be a key factor in deciding whether to keep or sell their property.In this article, we'll tell you what this fee typically involves, what the pros and cons are - and why it's important to regularly assess whether it's justified for you.What does the maintenance fee include?The maintenance charge for a holiday property covers the cost of managing and maintaining the common areas and facilities in the building or complex. Depending on the type of building and the facilities involved, this amount can vary quite a lot - from a simple entrance fee like any standard residential building, to a detailed contract for

The housing market in Bulgaria at the start of 2025 - summary and forecast

BULGARIAN PROPERTIES — Thu, 02 Jan 2025 00:00:00 GMT

Hello and Happy New Year! Let's start it with a summary and some thoughts on what lies ahead for the housing market.2024 started as the year with a lot of question marks and turned into another successful year for the property market in Bulgaria - says Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES.There was uncertainty and ambiguity on many issues - whether mortgage interest rates will be raised, when Bulgaria will be accepted into the eurozone, whether the inflation rate will calm down, what will happen to the property supply and whether it will increase. In the end, many of the negative expectations for the market did not come true. Interest rates remained at historic lows and bank lending continued to grow in volume. This naturally led to an acceleration in the rate of price growth, particularly in the second half of the year, and by the end of 2024 we were seeing

The Winners of the 17th Annual Awards of BULGARIAN PROPERTIES

Fri, 27 Dec 2024 00:00:00 GMT

Once again BULGARIAN PROPERTIES presented its awards for the best results and significant achievements during the year.The ceremony took place in Bansko immediately after the opening of our new office in the resort, which is one of the most important for the company's activities, with the first transaction carried out in Bansko and a serious contribution to the development of the local holiday market. 2024 was another successful year for both the property market and BULGARIAN PROPERTIES. We were able to expand into new areas, consolidate our position and prove our leading role in the marketing and sales of properties across the country. Here are the winners for 2024 🏆👏HIGHEST VOLUME AND SALES GROWTHThe winners in this category are:• Head Office Sofia for highest number of sales• Varna Office for highest number of sales in the country• Bansko Office and

Happy Holidays from BULGARIAN PROPERTIES!

Wed, 18 Dec 2024 00:00:00 GMT

Dear Friends and Partners,We are at the end of yet another successful year, full of challenges but also with many satisfied clients, fulfilled dreams for a new home, new friendships, and sincere gratitude for the assistance and support we give to all of you in real estate transactions in Bulgaria. 🎄✨Now it's time to celebrate, be with the the loved ones and make even bolder plans for the new year. 🎆Wishing you a Merry Christmas and a New Year full of happiness!🎅🏻🎄🎁With gratitude and best wishes,BULGARIAN PROPERTIES

❄️ Start of the season with a new office in Bansko

Mon, 16 Dec 2024 00:00:00 GMT

Our new office in the heart of Bansko is officially open!Visit us at 7, Nikola Vaptsarov Str.On 14.12.2024, the BULGARIAN PROPERTIES team from all over the country gathered in Bansko to attend the grand opening of our new office in the resort, where we have been writing the history of the property market for more than 20 years. It was here that the company's first deal was made, and in the years since then we have always had a strong presence and a serious contribution to the development of the local vacation property market.Take a look at our offers in BanskoOur new address in Bansko is on 7, Nikola Vaptsarov Street—just a few meters from the square and the Holy Trinity Church (Sveta Troitsa) in the Old Town. The office has a convenient space for meetings and negotiations, up-to-date property offers from the area, and paid street parking in front. Here our clients can take advantage

Sofia housing market at the end of another strong year

Thu, 05 Dec 2024 00:00:00 GMT

%img1%Sofia's housing market ends 2024 with impressive results, consolidating its position as the leading property market in Bulgaria. There has been a steady increase in prices since the beginning of the year, but the main impetus came in the second half of 2024. Polina Stoykova MRICS, Managing Director and Head of Research of BULGARIAN PROPERTIES, explains that this growth is largely due to the imbalance between supply and demand, as well as increased interest in buying homes in the context of low mortgage rates. "New offers on the market are down 10% year-on-year, which is also a continuation of a similar decline in 2023. This is limiting opportunities for buyers, particularly on the resale market where supply is extremely tight," she adds.%img7%Bank lending, which is a major contributor to price growth, has increased 36% year-on-year. By the end of September, the country's

Bulgarian property market growth slows but remains double-digit

BULGARIAN PROPERTIES — Wed, 30 Oct 2024 00:00:00 GMT

Sofia, Burgas and Varna hold the championship in the most expensive housing in BulgariaHouse prices in Bulgaria have increased by an average of 14% in the last 12 months. This is according to the data of BULGARIAN PROPERTIES, comparing prices in the regional cities at the end of the third quarter of 2024 compared to a year earlier.By comparison, a 21% rise was recorded for year 2023. It can be seen that overall price increases are slowing this year compared to last year, but remain relatively high.The biggest increase in the price of a square meter is in the regional cities of Vidin, Kyustendil, Lovech and Sliven, where for another year a rise of over 20% is reported. The reason for this is mostly the catching up trend for regions where the market development was lagging behind before. Interestingly, Sofia, Plovdiv and Stara Zagora reported growth rates of 6.9 to 7.7%, which is below the

How to prepare your property for sale?

Wed, 18 Sep 2024 00:00:00 GMT

Early fall offers excellent opportunities for home sellers!The last quarter of the year is shaping up to be a strong one for the property market in Bulgaria, and from a sellers' perspective, this season has less competition and new listings compared to spring.Against this backdrop, owners of completed properties are still in the position to take advantage of supply shortfalls and make a sale at good levels and in a short timeframe.Our observations also show that early autumn is one of the strong seasons because of the life cycle of buyers. People who have been away during the summer are returning to the city and renewing their search for apartments, and the weather is still mild and pleasant, making viewings easier.Here are the tips of Bulgarian Properties' experts when preparing your home for a successful sale:CleanAs much as we say that buyers are interested in the four walls and the

1,700 Euro reached the average price/sq.m. in Sofia

Tue, 03 Sep 2024 00:00:00 GMT

98,178 property sales were made in the first half of 2024, according to statistics from the Registry Agency. Compared to the first 6 months of 2023, there was a very small drop in the number of transactions, which then stood at 98,832. The main reason for this is not the lack of interest, but the limited supply of residential properties. This is also the main driver for the continued growth in property prices, with the average price in Sofia, according to the real estate agency BULGARIAN PROPERTIES, reaching EUR 1,700/sqm based on concluded transactions - with nearly 12% increase compared to a year earlier. The agency also points out that against the backdrop of scarce supply in 2023, this year the properties listed for sale are declining again - by about 10%, with the market mainly relying on new construction for supply. Over the last 10 years it is new builds that have dominated

Housing prices in Bulgaria with double-digit growth. Top tips for sellers

Wed, 17 Jul 2024 00:00:00 GMT

According to NSI data for the first quarter of 2024, residential property prices in Bulgaria have risen by 16% compared to a year earlier. Such accelerated growth has not been recorded since 2022. By comparison, in 2023, annual price growth was about 10%.NSI also recorded a similar upward movement in household incomes, with data for the first quarter of 2024 showing that the country's average monthly salary increased by 16.8%year-on-year. At the same time, the rise in property prices compared to the end of last year far outweighs inflation and income growth over the period.The highest growth in property prices is seen in Varna (23.5% compared to the same quarter last year), followed by Sofia (18.2%) and Burgas (12.3% compared to a year earlier), with the appreciation significantly higher for new-build homes.The growth in prices and demand has provoked many sellers to be more active on

BULGARIAN PROPERTIES was awarded Agency of the Year

Mon, 03 Jun 2024 00:00:00 GMT

Real Estate Awards, organized by the real estate portal Imoti.net, awarded the winners in the industry at an official ceremony at Inter Expo Center on May 28.The leaders in the real estate business in Bulgaria and many other special guests were present in the hall, among whom was the Chief Architect of Sofia Zdravko Zdravkov, who is part of the expert jury of the competition.The manager of Imoti.net Snezhana Stoycheva opened the official event and welcomed the attendees, and on the stage next to her as a presenter was Petya Kertikova, host of "News ON AIR" on Bulgaria ON AIR TV.Awards in the competition were given to the most deserving and outstanding companies and individual brokers in large, medium and small companies.BULGARIAN PROPERTIES received the biggest award - for "Agency of the Year", as well as the special award of Postbank for quality of service. Polina

What is happening on the Bulgarian holiday home market?

Wed, 29 May 2024 00:00:00 GMT

Over the last two years, the supply and demand for holiday homes has followed the growth of the overall property market in Bulgaria. Many of our clients (Bulgarians and foreigners) are looking to buy their own home in a preferred beach or mountain resort or to invest their savings in a property that has the potential to be used as a second home or for rental.After price rises of around 30% per annum in 2022 and 2023, we are seeing some easing in 2024. According to the Registry Agency, there has been a drop in transactions in the seaside and mountain resorts of around 10-15% in the first quarter of the year. However, as the summer season approaches, the market in this segment is picking up. And the growth in demand provides excellent conditions for the sale of such properties.According to BULGARIAN PROPERTIES, the most in demand at the moment are studios and one-bedroom apartments. The

House price growth in Plovdiv, Varna and Burgas slows down

Wed, 24 Apr 2024 00:00:00 GMT

%img1%Today we will look at market trends in the largest regional cities in Bulgaria: Plovdiv, Varna and Burgas in Q1 of 2024.After a rapid increase in house prices in these cities, we are seeing a slight slowdown in growth rates by between 2 and 5 percentage points compared to those of the end of last year. The fastest price growth continues in Varna, where growth accelerated only after mid-2022 and currently remains at levels close to 20%, while in Plovdiv and Burgas we report an annual growth of around 8-10%. As a result of the rapid price increases in Varna, they are already on average around EUR 100/sqm higher than thise in Plovdiv and Burgas. In the first quarter, the average price in Varna reached EUR 1,343/sq.m. according to BULGARIAN PROPERTIES' data. In Plovdiv and Burgas prices are already quite similar - 1,212 EUR/sq.m. and 1,244 EUR/sq.m. respectivelyWhat is true for all

Sofia Housing Market at the start of 2024 - market report

Wed, 17 Apr 2024 00:00:00 GMT

%img1%2024 kicked off with a dynamic property market in Bulgaria, and this activity was sustained throughout the first quarter, making it one of the strongest quarters in housing market history. This was confirmed by data from the Registry Agency, which showed an increase in sales volumes in the country's leading markets. This year, the market switched into a higher gear. This was largely to be expected in view of still low lending rates, rising incomes, slowing inflation and the rate of house price growth on the one hand, and Bulgaria's expected acceptance into the eurozone on the other. At the same time, this new speed has contributed to an acceleration in price growth after a slowdown at the end of 2023. This can be seen most clearly in the leading residential market of Sofia, where growth at the end of 2023 was around 3% year-on-year, and 2024 started with a growth of nearly 7%.There

Selling property in Bulgaria? Check out what documents you will need!

Attorney at Law Bilyana Petkova, BULGARIAN PROPERTIES — Tue, 19 Mar 2024 00:00:00 GMT

The role of the good property agent in a real estate transaction is far from over with viewings. It also includes support in this very important process of collecting and organizing the necessary documents to close the deal.So, what are the required documents for property sale in Bulgaria?These are the basic documents that are mandatory when selling a property in Bulgaria:• Document of ownership - Most often, this is the title deed of the property (for example, in the case of purchase, donation, establishment/transfer of building rights, exchange). The document of ownership in certain cases can also be a contract for the purchase of property from the municipality/state, a voluntary partition contract, a constative title deed, a decree of assignment, and sometimes even a court decision.• Cadastral scheme/sketch of the property - This document is issued by the Agency for Geodesy,

How much is your property worth and how to set a perfect listing price?

Mon, 18 Mar 2024 00:00:00 GMT

When deciding, or even just considering listing a property for sale, our first question is often: What price should I be looking for my property.Every homeowner is probably trying to do their own mini market research. They look at the listings in their area, read the latest statistics on property transactions, turn to an agency to get an idea of what they can get.Very often, regardless of what the market says, owners have their own personal idea of what price they want to achieve - relative to their investment and desired return or relative to their own needs. And in their desire to achieve the best, they always take as their benchmark the highest prices and the most expensive offers, guided by the maxim that a thing is worth what its owner is willing to sell it for.The opposite is also true - in the search for a quick sale or due to a lach of understanding about the specifics of the

Inflation slowdown: How does it affect the real estate market?

Mon, 19 Feb 2024 00:00:00 GMT

At the start of 2024 the real estate market in Bulgaria continues to show promising signs of stability and growth, providing unique opportunities for both buyers and sellers. Today, we take a look at the most current market trends and how they may influence your decisions.Slowing Inflation: What does it mean for the real estate market in Bulgaria?According to the latest data from the National Statistical Institute (NSI), inflation in Bulgaria continues to slow, with monthly inflation reported at just 0.5% in January 2024 and annual inflation of 3.8%. This is a significant improvement on previous periods and is good news for the economy as a whole, including the real estate sector, as in recent years inflation has been one of the main drivers of property price growth.Growth in real estate transactionsBULGARIAN PROPERTIES data shows that real estate transaction volumes have grown by around

Polina Stoykova for Euronews Bulgaria: Now is an ideal time to sell property

Thu, 25 Jan 2024 00:00:00 GMT

"The market did calm down at the end of last year and we ended up with 6-8% price growth in Sofia and Plovdiv, and a bit more in some other cities."This is what Polina Stoykova MRICS - Managing Director and Head of Reasearch of BULGARIAN PROPERTIES said in the studio of "Good Morning, Europe" on Euronews Bulgaria. An she added:The market is quite active. Prices rose with 20-30% in 2022, which was driven by both inflation and income growth. It is normal that as inflation calms down, this price increase process also to calm down. A balance has been struck in the market with higher prices and strong demand.There has been almost no change in mortgage interest rates in Bulgaria, unlike in other countries where there has been a drastic change, and this has led to an outflow of interest in property. Here the interest rates are still close to their historic lows. The

The housing market in Bulgaria at the start of 2024 - summary and forecast

Tue, 02 Jan 2024 00:00:00 GMT

We have entered the third decade of BULGARIAN PROPERTIES and the entire team of the company looks with faith and optimism to the new things it will bring us.At the beginning of the year it's time for overviews and forecasts - here are ours:2023 was a calmer year for the property market in Bulgaria. It managed to bring balance to the market after the turbulent processes that took place in the years following the pandemic. A new market equilibrium was reached with higher prices. Demand continued to be greater than supply as a result of rising incomes and still low interest rates on loans.It was the availability and affordability of bank lending that was the leading factor in keeping the market active and bringing home buyers back to it. This was the distinguishing feature of the Bulgarian housing market compared to rising interest rates in other countries. Currently, lending rates remain

Happy Holidays from BULGARIAN PROPERTIES!

Wed, 20 Dec 2023 00:00:00 GMT

Dear Friends and Partners,As the Christmas lights sparkle, we at BULGARIAN PROPERTIES want to share our gratitude and joy with you all!2023 was a truly jubilant year for us – we celebrated 20 years of success, innovation, and growth thanks to your support and trust.As we boldly step into the next decade, we are excited about the new opportunities and challenges ahead. Our promise to you is to continue delivering the highest quality services and to remain your trusted partner in the real estate world.We wish you happy holidays, filled with peace, joy, and warmth! May the New Year 2024 bring health, happiness, and even more success to all of us.With gratitude and best wishes,BULGARIAN PROPERTIES

The Winners of the 16th Annual Awards of BULGARIAN PROPERTIES

Tue, 19 Dec 2023 00:00:00 GMT

For the 16th consecutive year we followed the tradition and presented our colleagues and partners with awards for the best results and significant achievements in the jubilee year of BULGARIAN PROPERTIES - 2023.This happened during the company's Christmas celebration in Borovets - one of the important resorts for us, where we have had a presence since the start of our activity in 2003 and where we can boast a huge number of sales of holiday properties, houses and plots.In 2023, we were able to expand our activities, consolidate our position in traditionally strong markets and prove our role and place in the marketing and sales process of properties across the country.We present to you the 2023 winners! 🏆👏HIGHEST VOLUME AND SALES GROWTHThe winners in this category are:- Sofia Head Office for the highest number of property sales- Varna Office for the highest number

How to prepare your home for sale at the best possible price?

Wed, 06 Dec 2023 00:00:00 GMT

The real estate market in Bulgaria has seen a strong growth in the last two years - not only as a result of inflation and the rise in commodity prices, but also as a response to increased demand from investors and buyers. The upward trend continues in the second half of 2023, although the pace has slowed considerably, according to the statistics.And while in Germany the first symptoms of a crisis in the sector have already begun to be felt, in Bulgaria the still low cost of credit continues to support demand. At the moment, deals are being done mainly off-plan, as attractive projects manage to sell out long before Act 16 and banks are flexible in providing financing.The more limited supply of housing on the secondary market positions the sellers of such properties in a very advantageous position, points out Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES.Those who are

The housing market in Sofia in 2023 - active demand due to favourable market conditions

Fri, 27 Oct 2023 00:00:00 GMT

In 2023, there was no major change in the housing market in Bulgaria. The year was relatively calm and balancing and will end with excellent market activity.The rate of price growth slowed and in Q3 was just under 6%, a trend that was predicted by us at the end of last year.In addition to prices stabilising and holding at the levels reached, the market was supported by still low mortgage interest rates. They have remained unchanged this year, which has encouraged home buyers.Active buyers on the market are both those looking to invest and protect against inflation and those looking for their new home. They are encouraged by the fact that home loan rates are still at very low levels and bank financing is available.Bulgarian National Bank's (BNB) data shows that the average interest rate on new home loans in BGN is around 2.6%, compared to 2.5% in 2022. As a result, new lending volumes

What happened on the seaside holiday property market in 2023?

Mon, 16 Oct 2023 00:00:00 GMT

Polina Stoykova joins us from Sveti Vlas to tell you what happened on the beach holiday property market last summer.The holiday property market remained active in Summer' 2023. Prices continued to rise, but at a slower pace. The average prices at which deals were concluded were between 800 and 1,000 euro/sq.m. for the area of Sunny Beach and just over 1,000 euro/sq.m. in Sveti Vlas. The buyers were both Bulgarians and foreigners. The demand is mainly for studios and one-bedroom apartments. Supply continues to be limited. It consists of completed and furnished apartments on the secondary market, as well as new developments, which are offered in the stage of completion of plastering or turnkey-ready. Compared to last year, prices have increased significantly. If then we could buy a one-bedroom apartment for 30,000 - 40,000 euro, now there are no such prices. Even studios are hard to find

Key Extras for Your Beach Holiday Home in Bulgaria

BULGARIAN PROPERTIES — Thu, 15 Jun 2023 00:00:00 GMT

%img1%With summer season already here, it's the perfect time to start planning your beach getaway along the picturesque Black Sea coast in Bulgaria. As you embark on the journey of finding your dream beach holiday home, there are key extras that can elevate your experience and make your stay truly exceptional. From magnificent beach views to convenient amenities, BULGARIAN PROPERTIES highlights the essential features to consider when choosing a home on the stunning Black Sea coast. Get ready to embrace the summer season with the ultimate beachside retreat! 🌞🌞🌞%img3%Beach View - One of the most desirable features of a beach holiday home is a stunning beach view. Waking up to the sight and sound of crashing waves, and being able to enjoy breathtaking sunsets from the comfort of your own property, adds a sense of tranquility and beauty to your vacation. A

The Housing Market in Sofia in Early 2023 - A New Balance Amid Active Demand and Better Supply

Fri, 28 Apr 2023 00:00:00 GMT

%img1%In the first days of 2023, the housing market showed great activity, which gave early indications of a positive start to the new year. We already have the first data that confirms these observations.Real estate prices continue to rise, but the growth is slowing down. Our expectations are that this slowdown will become more pronounced in the second half of the year, as there was a more significant increase recorded during the last year.Supply is also increasing this year, which gives a better balance to the market. Data from BULGARIAN PROPERTIES shows that new property listings are up by around 10% compared to the same period in 2022. This is the first increase since 2019, as the first quarter of 2020 was marked by the pandemic and limited business activity, and then the available supply quickly began to run out. The properties that were being put on the market could not satisfy the

BULGARIAN PROPERTIES celebrated its 20th anniversary

Wed, 22 Mar 2023 00:00:00 GMT

BULGARIAN PROPERTIES celebrated its 20th anniversary in style at Sofia Live Club, with a star-studded event featuring top performers, gourmet catering and a fine selection of drinks. Guests were treated to an unforgettable evening of entertainment, with performances by the renowned Bulgarian singer Vasil Naydenov, Destiny Quartet, and Toma Zdravkov. The stylish atmosphere of the top club in Sofia was the perfect backdrop for the celebration, which showcased the company's commitment to excellence.The event marked a major milestone for BULGARIAN PROPERTIES, which has been at the forefront of the Bulgarian real estate market for two decades. Over the past 20 years, the company has established itself as a leader in the industry, providing unparalleled service to clients, colleagues, and partners.'We started 20 years ago, when there was almost no business on the internet, creating a very

BULGARIAN PROPERTIES turns 20!

Wed, 08 Mar 2023 00:00:00 GMT

In March exactly 20 years ago - in the distant 2003 - BULGARIAN PROPERTIES started its activity as one of the first Bulgarian real estate agencies positioned online with its own website.With the help of the Internet and the new technologies at the time, we were able to reach a huge audience of foreign buyers, who to this day turn to BULGARIAN PROPERTIES when buying or selling properties in Bulgaria.Over the past two decades, BULGARIAN PROPERTIES has been able to prove itself as the leading real estate agency in Bulgaria with remarkable achievements in the marketing, advertising and sales of properties throughout Bulgaria and in various market segments - from residential apartments to commercial buildings and land. A trusted and reliable source of data and market reports, a respected partner for a wide range of participants in the property market, winner of numerous awards for excellence

2022 – one of the most successful years for the vacation property market

Wed, 15 Feb 2023 00:00:00 GMT

%img1%In 2022, housing markets in the major Bulgarian cities saw price increases of around and above 20%. The vacation segment followed closely these trends, and in some of the resorts the increase in prices was even higher - by more than 25% on an annual basis.A faster rate of growth was recorded in the second half of the year and at the end of 2022 resort prices reached levels not seen in 10-15 years.In addition to the main factor for the increase in prices - high inflation - an additional incentive for growth in this segment is insufficient supply. For many years, most resorts, unlike big cities, lacked new construction. This exacerbated the lack of supply in 2022, when many sellers pulled out of the market.The demand for properties in the resorts is from both Bulgarian and foreign buyers. The main destinations for foreigners continue to be Bansko and Sunny Beach, while in the other

Resuming Operations in Elhovo

Wed, 25 Jan 2023 00:00:00 GMT

It's time to celebrate! 🎉After 20 years of success all around Bulgaria, we are resuming operations in the beautiful Elhovo/Yambol area!Located in South-Eastern Bulgaria, close to the Turkish and Greek borders as well as the Black Sea, Elhovo became home of one of our first offices at the start of our company. In a very short time we managed to make the region a famous destination for foreign buyers, attracting them to find a new life in the Bulgarian rural countryside. Now, on our 20th anniversary, we are thrilled to be back in the area and ready to help you buy or sell property in the villages around Elhovo and Yambol. Our local agent Gabriela Gecheva is here to assist you every step of the way, so don’t hesitate to get in touch if you have any questions. This is a great opportunity to take advantage of Elhovo's unique location and properties which are still at very

Sofia Housing Market Report: Prices Rise 23% in 2022 Amid Strong Demand and Limited Supply

Tue, 17 Jan 2023 00:00:00 GMT

The housing market in Sofia, Bulgaria, has experienced significant growth in prices over the past two years. According to BULGARIAN PROPERTIES data, the average price of a property in the city has risen by 23% in 2022 alone. This trend is due to a combination of factors, including a strong economy, low unemployment, high demand for housing in the city (including for investment) and most of all - high inflation and cost of building materials.In 2020, the average price of a property in Sofia was 1,120 €/sq.m., with a 3.7% annual increase in the first quarter. However, the market saw a slowdown due to the COVID-19 pandemic and in the second quarter with a 0% increase. By the third quarter, prices started to pick up again with a 2.5% increase and by the fourth quarter, the average price of a property was 1,120 €/sq.m. with 2.3% increase.In 2021, the market continued to grow

The housing market in Bulgaria at the start of 2023 - summary and forecast

Mon, 09 Jan 2023 00:00:00 GMT

We have given a fresh start of 2023 - the year in which BULGARIAN PROPERTIES celebrates its 20th birthday!At the beginning of this important year for us, let's make a brief wrap up of 2022 and a forecast for the development of the Bulgarian real estate market.In 2022 the housing market experienced a price growth which we had not seen in over a decade. Along with the high inflation, throughout the year we saw increased demand for property but insufficient supply, which fueled even further the price growth. Bank financing remained available - at still historically lowest interest rates.The other factors affecting the housing market continued to work in a positive direction. Unemployment remained at low levels - around and below 5%, and incomes continued to grow, albeit more slowly than property prices. This has kept housing affordability at relatively good levels and the market - close to

Happy Holidays from BULGARIAN PROPERTIES!

Wed, 21 Dec 2022 00:00:00 GMT

We are finishing 2022 with joy and satisfaction that for yet another year we have managed to stay high above, true to our mission to provide you the best of the Bulgarian real estate market, to make your dreams of a new home come true, and to help you accomplish your property plans. 🏠✨We are entering the 20th year of the founding of BULGARIAN PROPERTIES with pride from the journey we have made and with optimism for everything that lies ahead! 🎁🍀🍾🥂 Let's raise a toast to the Holidays, to the New Year, to all the good things we will meet with a smile, and to all the challenges we will overcome with ease!Sincerely yours,BULGARIAN PROPERTIES

The winners in the 15th Annual Awards of BULGARIAN PROPERTIES

Tue, 20 Dec 2022 00:00:00 GMT

This year we have once again kept the tradition of presenting our colleagues and partners with awards for best results and significant achievements. While it was an extremely dynamic year, the housing market in Bulgaria remained resilient and continued to break records.Together with that, our consultants had to deal with a number of challenges and concerns from clients arising from the war in Ukraine, the high inflation, rapid price increases, insufficient supply of properties for sale, as well as the expected increase of interest rates.The achieved results speak for themselves, but if we have to summarize - we managed to cope with everything more than well!We present you the winners for 2022:10 YEARS IN THE COMPANYThe special prize for 10 years tenure at BULGARIAN PROPERTIES goes to Maria Lashkova, who has been part of our team since 2012.MOST SIGNIFICANT GROWTHIn this category the

Sofia housing market at the end of 2022 - a record price growth

Wed, 23 Nov 2022 00:00:00 GMT

%img1%In 2022 the housing market in Bulgaria became red hot, experiencing price growths which we hadn't seen in over a decade. This is a direct consequence from the high inflation, which has caused house prices to accelerate their growth rate from 8-10% in 2021 to over 20% in 2022.Throughout the year, we have observed a steady demand but insufficient supply. Thus, a significant portion of demand still remains unsatisfied. However, high prices and increased uncertainty are already causing some buyers to withdraw from the market and wait. The results of this are fewer inquiries and a recorded decline in sales volume - indications that the market has begun to cool down. On this background, new residential building permits have registered a record growth. In the third quarter alone, 450 permits for the construction of new buildings were issued in Sofia, which is significantly above the

Vacation Homes in Bulgaria in 2022 - a new chapter for this market segment

Mon, 08 Aug 2022 00:00:00 GMT

Vacation homes in Bulgaria both in the sea and mountain resorts are going through a real boom in demand. One of the reasons for this is the COVID-19 pandemic and the increased need for a private place for retreat outside the big city (which also brought up the interest to rural houses).Another reason came from the ability to work remotely, which turned some vacation properties into long-term residences. And last but not least, inflation made people invest in safe assets like real estate. And vacation homes are very suitable for this purpose, since they do not require very large budgets. Currently, the most sought-after holiday homes vary between €30,000 and €50,000, making them accessible to a wide range of loacal and goreign buyers. In addition, they can be rented out and generate income or at least cover their expenses.In result of all this, a completely new chapter

Growth in housing prices in Plovdiv, Varna and Burgas

Polina Stoykova MRICS for Capital, Managing Director of BULGARIAN PROPERTIES — Wed, 20 Jul 2022 00:00:00 GMT

Тhe housing market in Plovdiv, Varna and Burgas closely follows the trends in Sofia and exhibited increased demand and limited supply in the first months of 2022. New properties are mostly sought by buyers. The greatest interest in all three cities focus on those neighborhoods with lower prices, which are currently actively developing in the peripheral areas of the cities.PSPI data, provided specifically for this article, clearly shows accelerated price growth. And from the data of the Registration Agency, it can be seen that this has not affected the sales volumes, which also continue to grow.The biggest growth in the volume of real estate sales is registered in Varna - 35% on an annual basis. In Burgas, the increase in sales is 17%. Only Plovdiv recorded a slight drop of 3%, which is likely to be compensated for in the coming months.Housing prices in the three largest cities

The housing market in Sofia in 2022: Accelerated price growth and slowdown in sales volume

Fri, 15 Jul 2022 00:00:00 GMT

%img1%In the first half of the year, we observed a real estate market in the Bulgarian capital, characterized by very high demand and insufficient supply. This explains both the accelerated price growth and the slowdown in sales growth.New construction projects got off to a slower start due to rising material prices and supply difficulties, and those that were on the market were actively selling "off-plan". In addition, many property owners pulled out of the market due to high inflation, and this reduced the supply further.At the same time, demand continued to be supported by favorable bank lending and rising incomes. Interest rates on mortgage loans continued to fall, and the volume of newly granted loans - to grow, maintaining the pace of 40% growth from 2021.The other factors that influence the housing market also continued to have a positive impact - unemployment remained

Property market in Veliko Tarnovo area - analysis

Dimitar Pavlov, Regional Manager of BULGARIAN PROPERTIES — Mon, 27 Jun 2022 00:00:00 GMT

The new regional Manager of BULGARIAN PROPERTIES for Veliko Tarnovo and Garbovo - Dimitar Pavlov - analyzes the market of housing and rural houses in the region. Veliko Tarnovo has always been an attractive area for investment and permanent living. Properties in the area over the last 20 years have continued to attract the interest of both Bulgarian and foreign buyers from various countries around the world.Residential market in Veliko TarnovoDue to the specifics of the terrain, the town has little room to expand, which in turn leads to a more limited supply and a trend of steadily rising prices. In addition to this, demand for urban property is quite strong and the market is now definitely a sellers' market.There are currently only two neighborhoods where there is an opportunity to build and most new construction deals are focused on them. The demand is mainly for one or two bedroom

Housing rentals for Ukrainian refugees

Wed, 02 Mar 2022 00:00:00 GMT

Dear customers and partners,The recent events have once again brought to the fore the importance of housing as a basic human and social need and a fundamental right. It is our professional duty in this field to step into action and try to help.After the start of the war in Ukraine, we have been receiving more and more inquiries from refugees about rental housing. The main demand at the moment is in the cities of Varna, Burgas and Sofia, but we expect it to spread to more settlements in Bulgaria. The required rental terms are between 1 and 3 months.That is why we appeal to you! If you own a property in Bulgaria that you want to rent to those fleeing the war, contact us! We will assist for free. Send us information and photos directly in response to this email or fill out the form at this link.The rental price is determined by you. We only provide the platforms to connect the ones in need

Register an account on our website!

Wed, 16 Feb 2022 00:00:00 GMT

Register on our site and follow closely the Bulgarian real estate market - easy and convenient, on all your devices!Registering an account allows you to add favorite properties and track their prices, save searches and get notified about new properties that match them.You will receive alerts from us about everything you have subscribed for and will be able to easily manage your settings.Your account with us gives you access to our archive of market reports and useful property data with nearly 20 years of history.NEW! We now offer specially selected offers for you!This saves you time when searching as our AI will find and show you all the listings on the site that may be of interest to you.Thousands of users have already registered. Join them for a better search experience and discover your dream home!Register hereBULGARIAN PROPERTIESWebsite No. 1 for properties in Bulgaria

The housing market in Bulgaria in 2021/2022 - overview and forecast

Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES — Wed, 19 Jan 2022 00:00:00 GMT

Record sales volumes, strong demand, exceeding supply and accelerating price growth - this is how we can briefly describe the housing market in 2021. Today we have prepared a summary and forecast of what to expect in the new year. 2021 - summary and key points In 2021, the real estate market in Bulgaria entered the new decade confidently and with very fast steps. It set a new stage in the market development, a new upward cycle that is expected to unfold over the next few years. The trends that began after the pandemic unfolded and in 2021 the housing market continued to attract buyers for their own use and living in a better environment, in more spacious and bright homes. This determined the continuing demand for larger apartments, and new construction remained most preferred. Banks supported the strong demand with low interest rates on mortgages, and income growth and stable

Happy Holidays from BULGARIAN PROPERTIES!

Tue, 21 Dec 2021 00:00:00 GMT

In 2021 we continued to look for and find peace, security and comfort at home.Home, family and good relationships with our loved ones continued to be our core values and source of strength and energy.So, let's now, at the end of 2021, gather round the festive table, turn on the lights, prepare our favorite dishes and wish to always feel good at home, to be able to keep the love and kindness in our hearts and to appreciate things in life that matter most!Lots of health, joy and good luck!Sincerely yours,The BULGARIAN PROPERTIES teamP.S. Christmas magic comes to you from this wonderful home near Stara Zagora

Register on our website!

Mon, 28 Jun 2021 00:00:00 GMT

We continue to improve our online services! You can now register a personal profile on our site.This allows you to add favorite properties and follow them for changes in their prices, save searches and receive notifications of new properties according to your preferences, receive our latest news and top offers.And you can view and manage this on all your devices!Always be up to date with the news on the Bulgarian real estate market. Register hereWith us it is easy, convenient and with the latest technology!BULGARIAN PROPERTIES

How Covid pandemic affected Bulgaria’s property market and house prices?

Polina Stoykova MRICS, Managing Director & Head of Research — Tue, 16 Mar 2021 00:00:00 GMT

From negative forecasts and expectations for possible price drops to a surprisingly high market activity, here’s a detailed review of how the property market in Bulgaria is developing under the current pandemic conditions.%img1%BULGARIAN PROPERTIES take a look at the trends that emerged in the 12 months since Covid-19 hit the world and give some insights on what homeowners in Bulgaria should expect next.Market OverviewТhe property market in Bulgaria entered the Covid-19 pandemic in a very good condition with a continuous upward price movement for 5 years in a row and a strong local demand. This demand was supported by growing household incomes, record-low mortgage interest rates and low unemployment.The lockdown in Q2 of 2020 put the market on a temporary pause but the activity was resumed immediately after the measures were eased in May 2020. Buyers were rushing to buy homes

Happy Holidays from BULGARIAN PROPERTIES

Mon, 21 Dec 2020 00:00:00 GMT

H O M E …In 2020, this word has acquired a special new meaning for each one of us.The home has become a place for work, study and creativity.The place where we develop, communicate and have fun.Where we give love and feel comfort and warmth.Our safest place in difficult times!We wish you to always feel best AT HOME, with your dearest and loved ones!We are now particularly aware of the importance of our mission - to help you find your home, so you can count on us!We wish you good health, joy, love and wonderful holidays!Merry Christmas and Happy New Year!Yours faithfully,The Team of BULGARIAN PROPERTIES

Borovets has been the hit on the Bulgarian property market this Summer

Mon, 24 Aug 2020 00:00:00 GMT

After the growth in demand for rural houses, here comes a new trend on the Bulgarian real estate market - buyers' focus has now turned to the mountain resorts.BULGARIAN PROPERTIES' data shows that for the period from 1.03.2020 till 31.07.2020 the deals in the mountain resorts have increased by 30%. Among them, Borovets is leading the growth. The advantage of Borovets ski resort is that it is suitable for year-round tourism due to the availability of various activities and attractions in all seasons. Also, in recent years, rental yields have gradually increased and have reached levels that attract investors who seek rental return on their investment. An additional advantage of Borovets is that the supply of real estate is quite limited and the competition from holiday complexes is not so great which makes it a more stable investment. Additionally, the proximity to Sofia and the

BULGARIAN PROPERTIES awarded for best site, agency and broker of the year

Mon, 13 Jul 2020 00:00:00 GMT

BULGARIAN PROPERTIES received a standing ovation and became the star of the 5th edition of the Annual Awards of imoti.net.At a glamorous ceremony, which took place on July 7, 2020 in Sofia Event Center, the real estate portal imoti.net celebrated its 20th anniversary and presented its 5-th annual awards to the best real estate agencies and professionals in Bulgaria.BULGARIAN PROPERTIES received the most responsible and important awards:🏆 Website of the Year for our website, chosen unanimously by the jury and the users🏆 Agency of the Year - Consumer Award, which for the second year in a row strengthens our position as agency number 1 in Bulgaria🏆 Broker of the Year for our top agent Rosen Stankov and his excellent achievements in the sales of the exclusive gated complex Modera Residence in Sofia. BULGARIAN PROPERTIES was also among the finalists in the

Coronacrisis has a healing effect on the Bulgarian real estate market

Fri, 29 May 2020 00:00:00 GMT

'It is still not clear if there will be a cure for the coronavirus any time soon, but the pandemic itself has become a cure for the Bulgarian real estate market and has made everyone rethink their behaviour:• Developers to be careful with pricing and the design of their new projects• Banks to have higher requirements for their borrowers• Vendors to think carefully about the price at which they sell their properties and to become more flexible and willing to negotiate• Buyers to better assess their capabilitiesAn additional positive effect comes from the growing interest in Bulgarian real estate not only in major cities but throughout the country. All this will contribute to the more balanced development of the market and the regions as a whole.'This is what the Managing Director of BULGARIAN PROPERTIES Polina Stoykova MRICS said during an online discussion on the real estate

New property season starts in Bulgaria

Fri, 15 May 2020 00:00:00 GMT

The state of emergency in Bulgaria is now over and our country is gradually returning to a normal rhythm of life with an epidemic emergency situation now announced till 14.06.2020. Bulgaria's success is that we have managed to keep coronavirus cases relatively low compared to other European countries. Present data shows a total of 2,138 people infected with COVID-19, 545 of whom have been cured. Although most of the epidemic measures including the obligatory 14-day quarantine for people entering Bulgaria remain, many others have been eased. Open-air restaurant gardens and spaces are now open, requiring strict disinfection and a distance between the tables of 1.5 metres. The work of swimming pools, individual and team sports for amateurs in the open air are also allowed. The parks and gardens are open, as well as the free travel between to towns and cities. The government is taking

Sofia Property Market in Q1 2020: Active sales and price growth followed by a pause after lockdown

Thu, 07 May 2020 00:00:00 GMT

High activity during the first 3 months of the year and acceleration of the price growth to about 4% on an annual basis. This is how the real estate market in Sofia developed until mid-March, when the state of emergency was introduced. This was followed by a withdrawal of the market participants, a drop in inquiries and property viewings, leading to a temporary pause in purchase intentions until the epidemic is over.Let's see what else we can see from the data for Q1 2020, which in no way suggested such a turnaround, but on the contrary - was one of the strongest quarters for the real estate market in Sofia over recent years.Average Prices and Annual ChangeIn the first quarter of 2020 price rises accelerated and the average price in Sofia exceeded the 1,100 €/sq.m. barrier, around which it gravitated since the end of 2017.BULGARIAN PROPERTIES figures show an average price of

Virtual property tours are a hit on the market!

BULGARIAN PROPERTIES — Thu, 16 Apr 2020 00:00:00 GMT

In the current state of emergency, there is almost no sphere of life and business that does not require rapid change and quick introduction of the use of new technologies.Real estate is no exception and, although often considered a more conservative sector with less penetration of new technologies, the current crisis proves the opposite.The real estate agencies quickly switched to online mode and within a month managed to implement a number of technological innovations in their work so that they could stay close to their clients.Virtual property tours are the most popular of these innovations. They are expected to help solve the difficulties with conducting physical inspections because it is not impossible to travel and we all need to stay home. What are Virtual Viewings?In a real virtual viewing is one in which the property is shot with a special 360-degree camera, which allows you to

Bulgarian property market during Covid-19 pandemic

Polina Stoykova MRICS, Managing Director & Head of Research — Thu, 09 Apr 2020 00:00:00 GMT

In the current state of emergency, we continue to closely monitor the property market to provide you with timely, objective and accurate information on the current trends.Here is a quick summary of what has been happening on the property market in the past few weeks since the start of the state of emergency in Bulgaria:🔵 First of all, we are all ok and working. Our consultants are available online and on the phone🔵 Property viewings are allowed to be carried out, but only with all precautions taken and in the case of serious interest🔵 Many of the viewings and the meetings we conduct daily are virtual and based online which can be beneficial for all of you who cannot travel at the moment🔵 We continue to make new deals, albeit with reduced volume🔵 There is quite a good interest to property in Bulgaria, especially to rural houses -

Bulgarian Properties will still be a top choice after Brexit

Polina Stoykova MRICS, Managing Director & Head of Research — Fri, 31 Jan 2020 00:00:00 GMT

Dear British Clients,With Brexit happening today we would like to say that we are not stepping back from our duty of helping you buy the best property in your favourite Bulgarian beach or ski resorts, or in our beautiful countryside which you have always loved.From day 1 BULGARIAN PROPERTIES has been specially dedicated to serving British buyers. Back in 2003 when we started, Bulgaria was not a EU member and yet it offered favourable conditions for purchasing a property and using it for vacation or permanent residence. Now, when the UK will not be a EU member, we will be in a similar situation but with somewhat changed positions. Plus, the Bulgarian property market offers an improved supply and greater quality of the properties, still the best prices in Europe, much better infrastructure, available flights and a higher level of service in all economic spheres. So, we believe that when

The Winners in the 12th BULGARIAN PROPERTIES Annual Awards

Fri, 20 Dec 2019 00:00:00 GMT

At the end of the year it's time for annual reviews and awards for the top performers. We would like to present you the winners in BULGARIAN PROPERTIES Annual Awards 🏆 for best results and special contribution to the company development in 2019.HIGHEST NUMBER OF SALES AND SIGNIFICANT GROWTHThe winners in this category are:• For "Highest Number of Sales" and ”Highest Sales Growth” the winner is Sofia Head Office• The award for "Highest Number of Sales in a Holiday Complex" is received by our Borovets Office for impressive number of sales in the second phase of Borovets Gardens Complex• With the prize "Biggest Regional Sales Growth" are awarded Varna Officeand Stara Zagora Office on the first and the second place respectivelyMOST EXPENSIVE SALESThere are a several winners in this category:• 2019 “Most Expensive Sale” Award is

The Residential Market in Sofia in Q3 of 2019 and Perspectives for 2020

Polina Stoykova MRICS, Managing Director & Head of Research — Mon, 18 Nov 2019 00:00:00 GMT

At the end of the year we start presenting you market data and specialized reports to keep you informed about the current trends and the expectations for the next year. This is part of the full service BULGARIAN PROPERTIES provides to its clients and newsletter subscribers.Buying or selling property in Bulgaria, you can always count on us!---An exceptional year for the property market in Sofia is coming to an end with stable prices, increased sales and excellent housing affordability.In the very beginning of this year the property market in Sofia switched to a higher speed and this trend continues still present, with the last quarter being particularly strong.The rate of the property price increases expectedly slowed down, and this year we have unchanged prices based on real deals. In addition to the stable prices, all the factors that affect the property market have a strong positive

Tips from an Experienced Holiday Home Owner in Bulgaria

Wed, 14 Aug 2019 00:00:00 GMT

We are always happy when we receive feedback from our clients and they share their personal experience of acquiring real estate and living in Bulgaria! Marat, who lives in Tarsis Club & SPA, shares his story of purchasing an apartment in Sunny Beach, check out his tips.As an experienced owner, I want to give new buyers some advice based on my own experience. Because the offers are endless, everyone is eager to praise their own. Especially in the beginning, you can easily get lost in the abundance of ads.First - look for complexes with a large and well-equipped park environment. Especially if you are going to rest with children. Given the high cost of land in the resort area, this is rare. Many builders save money by selling only the apartment, without the land. Second, if the budget allows it, don't look for the cheap.Cheap is cheap, and probably there’s a reason why. After all,

Welcome to the new website of BULGARIAN PROPERTIES!

Wed, 10 Jul 2019 00:00:00 GMT

Modern, interactive and innovative! This is us - BULGARIAN PROPERTIES - and we are glad to invite you to visit our new website 🌐 WWW.BULGARIANPROPERTIES.COM!BULGARIAN PROPERTIES is the leading real estate company in Bulgaria. We have been on the market for more than 15 years, successfully going through all stages of its development and knowing in detail its history and modern trends.Our services are enjoyed by customers from all over the world. That is why we are obliged to offer solutions according to the world's best standards and the most innovative technologies in the sphere of real estate.We have been announced Agency of the Year and we are determined to continue defending this title.Knowing your desires and needs, and combining them with the most up-to-date web technologies, we have created a completely renewed vision and functionalities of our website that would give

Welcome to BULGARIAN PROPERTIES new office in Burgas!

Mon, 17 Jun 2019 00:00:00 GMT

🆕❗ At the start of Summer 2019 we are very pleased to invite you in our NEW OFFICE in Burgas!Burgas is the 4th biggest city in Bulgaria - a major beach holiday destination and a developed city with an international airport, port 🛳, universities 👩‍🎓, cultural events 🎭🎨 and plenty of sports and entertainment 🍸. It has often been announced for the best city to live in Bulgaria.Our office in Burgas is situated just next to the Sea Garden and has the following contacts:5, Adam Mitskevitch Str., etrance B, fl. 2, office 2Burgas Office on the mapTel: +359 56 828 449Our regional managers Elena Makreеva and Dimitar Valkanov, as well as our experienced consultants, will assist you in buying, selling or renting a property in Burgas and the settlements in the Bourgas region.Buying or

The Residential Market in Sofia in Q1 of 2019 - Increased Activity and Unchanged Prices

Polina Stoykova MRICS, Managing Director & Head of Research — Mon, 10 Jun 2019 00:00:00 GMT

%img1%It seems that 2019 will bring the long-awaited market equilibrium through a balance between supply and demand while maintaining stable property prices. This will satisfy the unmet demand from previous years and will give more confidence to the market participants."The first months of the year surprised us with an increased activity. The property market seems to have switched to a higher speed with the start of 2019 and is definitely on the rise with increasing sales volumes and very strong dynamics," says Polina Stoykova MRICS, Managing Director and Head of Research of BULGARIAN PROPERTIES."As per our expectations, the property prices growth in Sofia have subsided and we are entering a period of stable levels with only slight fluctuations - a plateau in which we will remain in the next 1-2 years," she added. The main highlights of the first three months of the

BULGARIAN PROPERTIES with Awards for Agency and Broker of the Year!

Fri, 22 Mar 2019 00:00:00 GMT

We are extremely proud to share with you that we have been awarded with the two most prestigious awards in the Annual Awards in the real estate sector organized by the property portal Imoti.net: 🏆 Real Estate Agency of the Year and 🏆 Broker of the Year, which was awarded to our top broker Magdalena ToshevaThese awards come for 2018 - when BULGARIAN PROPERTIES turned 15 successful years of operations.The CEO of the company Polina Stoykova received the Agency of the Year Award and thanked the whole team, which contributes to this success and which turned BULGARIAN PROPERTIES into the leading company advertising Bulgarian properties in Bulgaria and abroad. She added: "For me personally, this prize is extremely valuable as it marks a 10-year period during which I am a Managing Director of the company, a period in which together with my partners Victor

Holiday homes in Sunny Beach, Bulgaria - a new wave of deals in 2018

Elena Makreeva, Beach Resorts Regional Manager — Tue, 11 Dec 2018 00:00:00 GMT

BULGARIAN PROPERTIES provides you a one-stop service, and our reports and market updates are a valuable part of it. Today we take you to Sunny Beach area on the Black Sea coast where our regional manager Elena Makreeva will tell you more about the market and the great opportunities awaiting you there. Buying or selling property in Sunny Beach, you can count on us!-----Very interesting and dynamic - this is how we can describe this year!An active market with a wide range of properties - from cheap studios for 8,000 euro in complexes situated 5-7 km from the sea to elite apartments with prices up to 1,500 euro / sq.m. on the first line - all this great variety available in the region of Sunny Beach!The area of Sunny Beach is unique of its kind. Which other resort in Bulgaria or another European country can offer such diverse offers in such a wide price range?We are pleased to note that

The Housing Market in Sofia - Current Trends and Perspectives

Polina Stoykova MRICS, Executive Director of BULGARIAN PROPERTIES — Tue, 04 Dec 2018 00:00:00 GMT

We can say that 2018 was successful, interesting and dynamic for the real estate market in Sofia, but with much smoother growth of all indicators, as well as many micro cycles that kept changing the property market in the different months. In general, we can define it as a stabilizing year for the housing market in the capital of Bulgaria.The demand for properties in Sofia remained high throughout the year, and a significant part of the demand is still unsatisfied. The main indicators for the housing market in Sofia for 2018 are: slowing the growth of prices to about 5% on an annual basis, stabilization of the market at price levels around 1,000 EUR/sq.m, twice more affordable homes compared to 10 years ago, an increasing supply of new-built housing, which is much preferred by the buyers.The market outlook is positive, with our expectations for prices to stay around current levels over

The Real Estate Market in Varna

BULGARIAN PROPERTIES — Mon, 19 Nov 2018 00:00:00 GMT

Kalin Chernev, BULGARIAN PROPERTIES Varna Regional Manager, talks about the market in the Bulgarian sea capital, almost a year after he became a head of our office in the region. Check out the current trends in 2018 and what to expect in the future.Buying or selling property in Bulgaria, you can always count on us!-------1. Kalin, tell us what is happening on the property market in Varna? What distinguishes it from the boom 10 years ago?The residential market in Varna is very dynamic, with inquiries and sales volume increasing. If we compare it with trends in other major cities, it seems that Varna is ahead of them at the moment, we are probably catching up after the rapid development of the markets in Sofia and Plovdiv.Ten years ago, the market was pretty chaotic here. Then, everyone thought they could build and build in all sorts of places, being sure they would sell at a high

Winter season 2018-2019: where to buy ski property in Bulgaria?

Wed, 31 Oct 2018 00:00:00 GMT

The three biggest winter resorts in Bulgaria - Bansko, Borovets and Pamporovo already expect the thousands of tourists who will visit them in the coming months.Considering the deals growth in all three resorts, today we will present some of our TOP offers there, as well as the expert market opinion of BULGARIAN PROPERTIES. ---Increased activity, including during the summer months, increasing sales volumes, stabilized prices and predominant Bulgarian buyers - these are the main trends of the property markets in the ski resorts for the second consecutive year.Polina Stoykova MRICS, Managing Director & Head of Research of BULGARIAN PROPERTIES, comments: 'The main reasons for the increasing attractiveness of the properties in the mountain resorts are, on one hand, the tempting low prices, and on the other - the improved infrastructure, the easy and fast access from the big cities, the

The Seaside Properties in 2018: End of the Price Drop and an Increased Interest

Polina Stoykova MRICS, Managing Director & Head of Research — Mon, 08 Oct 2018 00:00:00 GMT

For 10 years now BULGARIAN PROPERTIES has been presenting you regular market reports as part of the complete service we offer to our clients! Today we have prepared a detailed report of the property markets in the major Bulgarian beach resorts.Buying or selling property in Bulgaria, we are here to help you!---The holiday property markets in the Bulgarian beach resorts have gone through major changes over the past few years.At present, the effects of the latest boom and downturn have already been overcome, and this segment of the property market has also entered into a positive development phase, albeit a lot under the dynamics of the big cities.The positive thing this year is that for the first time since the withdrawal of the Russian buyers in 2014, we are witnessing a stop in the decline of the property prices. This is due to the increased interest, which has led to a sales growth.

Last chance to confirm your subscription!

Tue, 12 Jun 2018 00:00:00 GMT

Dear Client,The General Data Protection Regulation (GDPR) came into force on 25.05.2018. We would like to remind you that, as per this regulation, in order to keep receiving our newsletters with the newest listings, top and discounted properties, news and market reports, it is necessary that you confirm your subscription.Many of our clients have already done this but we still haven't heard from you and we would hate to lose you!You still have the chance to confirm your subscription, ending tomorrow - 15th June, by reading our Privacy Policy and clicking the button

Last chance to confirm your subscription!

Tue, 05 Jun 2018 00:00:00 GMT

Dear Client,The General Data Protection Regulation (GDPR) came into force on 25.05.2018. We would like to remind you that, as per this regulation, in order to keep receiving our newsletters with the newest listings, top and discounted properties, news and market reports, it is necessary that you confirm your subscription.Many of our clients have already done this but we still haven't heard from you and we would hate to lose you!You can still confirm your subscription! Just read our Privacy Policy and then click the button

Last chance to confirm your subscription!

Mon, 28 May 2018 00:00:00 GMT

Dear Client,The General Data Protection Regulation (GDPR) came into force on 25.05.2018. As per this regulation, in order to keep receiving our newsletters with the newest listings, top and discounted properties, news and market reports, it is necessary that you confirm your subscription.Many of our clients have already done this but we still haven't heard from you and we would hate to lose you!Please read our Privacy Policy and confirm your subscription by clicking the button

Stay with us! We want to be in touch!

Tue, 22 May 2018 00:00:00 GMT

It is now only 2 days until GDPR comes into force. You need to confirm your subscription, in order to keep receiving our newsletters with the newest listings, top and discounted properties, news and market reports!With them we help you find the right property and stay informed about the Bulgarian property market!Read our Privacy Policy and before 25th May confirm your subscription by clicking the button

Confirm your subscription

Sat, 12 May 2018 00:00:00 GMT

Dear Client,We would like to invite you to keep receiving our newsletters with our newest listings, top and discounted properties, news and market reports!With them we help you find the right property and stay informed about the Bulgarian property market!General Data Protection Regulation (GDPR) is coming into effect, next Friday, the 25th May 2018. It sets new rules on how companies process personal data, and requires that we receive your explicit consent for receiving our newsletters and marketing communications. For this purpose, BEFORE 25th May 2018, you need to read our Privacy Policy in order to get informed about your rights and how we take care of your personal data, and after that please confirm your subscription by clicking the button below.

Sofia Housing Market in Q1 2018: The Price Increase Slows Down

Polina Stoykova MRICS, Managing Director & Head of Research — Mon, 30 Apr 2018 00:00:00 GMT

For more than 10 years now BULGARIAN PROPERTIES has been preparing regular market reports as part of the overall service for our clients! Today, we are sending you our latest analysis of the housing market in Sofia, which summarizes the trends in Q1 of 2018 and our expectations for the rest of the year. Buying or selling property in Bulgaria, you can rely on us!---After the best year for the property market in the last decade, 2018 starts more moderately with a more mature housing market in Sofia. Again, we see a growth in all indicators, but these growths are now much smoother. Buyers continue to consider their purchases well, they look at as much properties as possible on the market and don’t buy at any price. This elasticity in demand has, as we expected last year, slowed down the rise of the residential property prices in Sofia. At the beginning of this year it is slightly below

We have now turned 15!

Thu, 08 Mar 2018 00:00:00 GMT

BULGARIAN PROPERTIES celebrates its 15th anniversary!BULGARIAN PROPERTIES was founded in 2003 as one of the first Bulgarian real estate agencies with its own website for online property advertising and was among the first agencies that responded to the interest of foreign buyers to properties in Bulgaria.We are proud to have contributed to the development of the property market by helping to bring it online, to create new culture and work standards, and to popularize the properties in our country among buyers from all over the world. And we haven't stopped doing this till present!For 15 years we have succeeded:• To publish over 100,000 properties for sale and rent all around Bulgaria• To open more than 20 offices in all major cities and ski and beach resorts• To serve clients from over 70 nationalities• To sell thousands of properties with millions of square meters of built-up

The Housing Market in Sofia in 2017: A Growth in All Indicators

Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES — Thu, 01 Feb 2018 00:00:00 GMT

For 10 years now BULGARIAN PROPERTIES has been providing you with market reports as part of the complete service we offer to our clients! Today we have prepared a detailed analysis of the past year to summarize what happened and how it ended for the housing market in Sofia, as well as what to expect this year. Buying or selling property in Bulgaria, we are here to help you!---2017 proved to be the most successful for the real estate market in Sofia for the last 10 years, with growth in all indicators - property sales, prices, new construction volume, new housing loans at historically lowest interest rates.All this was supported by accelerating GDP and incomes growth, a record low unemployment and expectations for a stable economic development in the medium term.At the end of the year, the supply of properties in Sofia was more limited as a result of withdrawn listings by the vendors and

Bansko Property Update by Andrew Peach - Regional Manager, Office Bansko

Tue, 16 Jan 2018 00:00:00 GMT

As the New Year starts Bansko has received the news that the project for the 2nd Gondola has taken a step forward. The Bulgarian government has decided to give permission for construction of the second lift in the biggest Bulgarian ski resort. To many, who have waited many years for this project, this is great news and once implemented I am sure it will push Bansko to the forefront of the ski destinations in Europe.The news has already created a spike of interested buyers looking to take advantage before prices start to rise. However, it is not only the second gondola that contributes to the rise of the interest. We witnessed a considerable growth in property sales in Bansko in 2017, long before the news for the 2nd Godnola. Our Bansko Office won the prize for ''Highest Regional Sales 2017' in our company Annual Awards as it was the office outside the capital that managed to attract most

Bulgarian ski resorts - leaders in sales growth in Q3 of 2017

Polina Stoykova MRICS, Managing Director & Head of Research — Mon, 20 Nov 2017 00:00:00 GMT

Тoday we have prepared a detailed report about the vacation properties in the top Bulgarian ski resorts, as part of the full service we provide to you when buying, selling or renting property in Bulgaria. We hope this information will be useful, especially now at the start of the winter season, and we are ready to help you further with advice and assistance to find and purchase the best property for your needs!----2017 has set a new beginning for the ski resorts properties in Bulgaria. Increased activity, including the summer months, increasing volumes of sales, stabilized prices and constantly increasing interest by Bulgarian buyers - these are the main trends for the year that is soon to come to its end. The main reasons for the increasing attractiveness of the properties in the ski resorts are the attractive prices on one hand, which are the best in Europe, and on the other

The housing market in Plovdiv: Price growth is accelerating

Wed, 08 Nov 2017 00:00:00 GMT

Plovdiv is among the most dynamic residential markets in the country with increased demand and insufficient supply, leading to accelerating growth in the property prices.The tangible rise in prices began at the end of 2016, reaching 11% in the third quarter of 2017, according to BULGARIAN PROPERTIES. The average sale price of the dwellings in Plovdiv is 650 Euro/sq.m. for this period, as transactions are made even at higher than the average prices - about 700 Euro/sq.m., according to company data.Currently, the demand is outpacing the supply, and although many new buildings are coming out on the market, buyers are still cautious about off-plan purchases. This supply is expected to be felt on the market after mid-2018, when the construction of the new buildings will have advanced.According to Tsvetelina Paskova, senior estate agent of BULGARIAN PROPERTIES in Plovdiv, the preferred areas

Sofia housing market in Q3 2017: The market is getting balanced

Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES — Wed, 25 Oct 2017 00:00:00 GMT

The strong summer for the property market in Sofia has continued into an active autumn and final strongest months of the year. Today we have prepared a detailed report about the residential property market in Sofia to get you acquainted with the latest trends, and we would be glad to help you make wise investments in Bulgaria!----The rising demand for residential property in Sofia has gradually led to an increased supply by the building contractors, with the strongest effect of the increased supply of new construction being felt in the past third quarter. This naturally led to balancing of the market in Sofia at an equilibrium price of about 1,000 Euro/sq.m. and a slowdown in the price increase, as were our expectations about the market this year.BULGARIAN PROPERTIES’ data show that in the third quarter the average property prices maintained the levels reached in the previous quarter

Sofia housing market in Q2 2017: The price growth continues

Polina Stoykova MRICS, Managing Director & Head of Research — Fri, 21 Jul 2017 00:00:00 GMT

2017 is set to be the best year for the Bulgarian property market in all its segments for the whole decade up till present. This applies in particular for the capital of Sofia where we witnessed a very dynamic and strong first half of the year. BULGARIAN PROPERTIES data shows that in the second quarter the average property price surpassed the threshold of 1000 Euro/sq.m. and reached 1060 Euro/sq.m. These are levels from the end of 2007 which shows that 10 years later the housing market in Sofia has almost reached its levels from before the crisis. What makes it different is that currently the market operates in much better economic conditions and the trends are to be more sustainable than 10 years ago. While the expectations were that the price growth would slow down, there is no such trend yet and this is a consequence of many positive market factors.Over the past four years bank

Holiday Homes in 2017 – Stability and New Markets

Polina Stoykova MRICS, Managing Director & Head of Research — Thu, 06 Jul 2017 00:00:00 GMT

The upsurge of the residential property markets in the big cities has now been felt in the holiday property segment too. The result is a stabilization of the prices, growing demand and sales volumes, and finding new markets. One of the new markets is naturally the local one with Bulgarians already accounting for 50% of the buyers in the biggest sea and ski resorts. In some of the regions they even represent the main group of buyers - in the seaside resorts to the South of Burgas, and in the mountain resorts Borovets and Pamporovo.There is also a stable foreign demand for holiday properties in Bulgaria which has survived through all the crises, and the range of buyers' nationalities is constantly growing. Since last year, there has been an increase in the interest of buyers from neighbouring countries and from former Socialist Block countries such as Greece, Romania, Serbia, Macedonia,

The housing market in Sofia in Q1 of 2017 - Prices Increase by 18%

Thu, 27 Apr 2017 00:00:00 GMT

Active first quarter for the housing market in Sofia and preservation of the growth trend in the property prices in Sofia – that’s how the first months of the year for the real estate market in the Bulgarian capital can be summarized.‘2017 started with an acceleration of the previous year’s dynamics, especially strong since the beginning of March. Price growth is now approaching 20% on an annual basis. This is a significant increase but it must be kept in mind that growth has accelerated since spring last year and we are currently comparing with the lower prices at the beginning of 2016’, commented the market trends Polina Stoykova MRICS, Managing Director of BULGARIAN PROPERTIES.‘There is no doubt anymore that the market is in an upturn. The main challenge will now be to predict how long this growth will continue and where will be the breakpoint, which is the most difficult

Happy Holidays from BULGARIAN PROPERTIES!

Tue, 20 Dec 2016 00:00:00 GMT

Dear Friends and Partners,BULGARIAN PROPERTIES wishes you an unforgettable Holiday Season!May your life be filled with joy and happiness and may each new day bring you moments to cherish.Let the coming New Year bring you health, good luck, prosperity and a lot of sunshine!Happy Holidays!Yours sincerely,BULGARIAN PROPERTIESWWW.BULGARIANPROPERTIES.COMAddress: 19, Yakubitsa Str., Sofia 1164, BulgariaTel. (Sofia): +359 2 9 11 50Tel. (London): 020 8816 8118Skype: bulgarianproperties.com

Holiday Properties in Bulgaria in 2016

Tue, 13 Dec 2016 00:00:00 GMT

The effect of the recovery of the residential markets in the regional cities is already overflowing in other segments such as the vacation property market in Bulgaria. "The recovery of the holiday property market is mainly expressed in an increase in the number of sales, an increase of the share of Bulgarian buyers, who already represent 50% of all buyers in the ski resorts, and attracting a mixture of buyers from various countries from all over the world", commented Polina Stoykova MRICS, Managing Director & Head of Research of BULGARIAN PROPERTIES."Now is a good time to buy a bargain property in the Bulgarian resorts and buyers understand this quite well. Many of them when seeing the favorable prices are tempted to buy vacation properties. We observed this during the summer in the beach resorts, in SPA resorts such as Velingrad, and we have now begun to witness a

The Residential Property Market in Sofia - Q3, 2016

Mon, 14 Nov 2016 00:00:00 GMT

The 2015 recovery of the real estate market in Bulgaria continued in 2016 and we can now say that it is turning into a real boom.‘Low interest rates on deposits and excellent rates on mortgages, combined with an active property market, rising prices in Sofia and very strong rental market are all incentives for investments in real estate in Sofia‘, commented Polina Stoykova MRICS, Managing Director & Head of Research of BULGARIAN PROPERTIES.‘The results of the positive impact of this combination of factors are already visible - a steady increase in sales volume of properties in the capital and a notable upsurge of new development projects which should meet the rapidly growing demand.’‘Only half a year after the first time since 2011 the average price passed the 800 Euro/sq.m. barrier, it reached the next psychological one - 900 Euro/sq.m. in the second quarter. The pace of

Sofia Office Space Market - H1 2016

Fri, 01 Jul 2016 00:00:00 GMT

Last year’s increased demand for office space in Sofia, Bulgaria has been carried over into the first half of 2016. Newly opened companies usually look for office space of about 200 to 300 square meters but demand for offices of 700-800 sq.m. is also very common. The market is operating at a higher speed. The tenants are companies operating in outsourcing, financial intermediation services, information technologies. Often, these companies do not serve the Bulgarian market and have their customers abroad. There is an increased demand in the country from companies that are now opening up their first offices in Bulgaria. It comes from companies from neighboring countries, as well as countries like Israel, UK, Russia and others. Another factor on the office market in Sofia is the growing number of companies that are already operating here and are now expanding. This is something that is

Vacation properties in Bulgaria in Q1 of 2016

Mon, 16 May 2016 00:00:00 GMT

The residential market recovery and the overall return of the confidence towards the real estate market are now spilling to other market segments, including the segment of holiday homes. More local and foreign buyers are now seeking holiday homes in Bulgaria which was indicated by an increase in sales in the ski resorts during the winter season. This trend is now becoming visible in the beach resorts. “Bulgarian vacation property market is starting to attract quite diverse buyers - they literally come from around the world. Only for the first three months we have served clients from more than 15 nationalities. It is getting harder to identify a dominating nationality of buyers since the market is very dynamic and the buyers mix changes each month. Constant though is the available interest towards properties in Bulgaria. Our expectations are for a very strong summer season. There is a

A major success at A Place in the Sun Live in London

Tue, 10 May 2016 00:00:00 GMT

We've only just returned from A Place in the Sun Live in London last weekend and we are busy sending more information about properties in Bulgaria to the hundreds of buyers who visited us at the show. Bulgaria has once again been a very pleasant surprise to most of the visitors at the show with the property prices there starting from as low as Ј 5,000!We were proud to present all our beach and ski resorts, the beautiful countryside and the major cities with the investment possibilities available there and we are already expecting people for viewings. A Place in the Sun Live was a great success with over 8,500 visitors. The organizers reported a 10-per-cent increase on the London show last year which they say is a clear sign of an improving market. We have registered twice more leads about Bulgaria compared to last year and this is a clear evidence the Bulgaria is bouncing back as stated

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