Wow Moment for Bulgaria! Nikola Tsolov Wins His First Formula 2 Race
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The market price index of Bulgaria's dwellings for the third quarter of 2011 has registered a 6.1% drop year on year, according to the country's National Statistical Institute.
As compared with the second quarter of 2011, the average decrease of the Bulgarian dwellings'market prices was 0.8%, according to the statistical data released on Friday.
On a quarterly basis, a total of 20 Bulgarian district centers saw a decrease in their dwelling market prices, the most significant being in the Southeastern towns of Smolyan (by 4.7 %) and Yambol (by 4.2%), as well as the Northwestern town of Pleven (by 3.7%).
During the third quarter of 2011, the highest average market prices were registered in the Black Sea city of Varna - 1 493.33 BGN/sq. m, followed by Sofia - 1 456.48 BGN/sq. m and another Black Sea city, Burgas - 1 184.41 BGN/sq. m.
Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector.
The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size.
Property values in Sofia have surged by approximately €500 per square metre over the past year, according to data from one of Bulgaria’s largest real estate agencies. Across the country’s main cities, housing costs climbed by 20% in the final quarter of 2
Two-room dwellings make up the largest portion of newly built homes in Bulgaria, according to data for the fourth quarter of 2025.
In 2024, about 68% of households across the European Union were owner-occupied, a slight decline from 69% in 2023, according to Eurostat data. The remaining 32% of the EU population lived in rented homes, up from 31% the previous year.
Bulgaria is facing a sharp rise in construction material costs, which experts warn will drive property prices higher. Svetoslav Zhekov, chairman of the Chamber of Builders in Varna
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