Man Detained After Firing Gun Near Kindergarten in Sofia
A 54-year-old man, previously known to law enforcement, opened fire with a gas pistol near a kindergarten in Sofia's Lyulin district
The price gap between newly constructed homes and panel buildings in Sofia has reached approximately 400 euros per square meter, with expectations that this difference will continue to widen, according to construction contractors. The demand for larger, more comfortable properties is outpacing supply, leading to rising prices.
Buyers tend to choose apartments based on their financial capabilities. Families often purchase larger units, such as five-room apartments, even if they have just one child, realtors noted. However, the majority of transactions involve two- and three-room apartments, with a particular demand for three-room units averaging around 90 square meters, which can accommodate a family comfortably.
The desire for home ownership in a pleasant environment is driving interest in new construction projects. There is a notable preference for closed residential complexes, where developers create inviting surroundings, including lawns and play areas for children, enhancing the overall living experience. As people seek to settle in their own homes, the trend toward new developments continues to grow.
The real estate market in Bulgaria maintained stability and activity during the first quarter of 2025, with strong demand despite a moderate drop in transactions compared to late 2024
Sofia Municipality is set to implement a revised framework for managing its municipal housing stock by introducing two distinct rental categories
Many home buyers in Bulgaria are increasingly favoring newly built properties
The National Real Estate Association has raised concerns regarding the proposed Bill on Real Estate Brokers
Over the past decade, residential property prices in Sofia, Bulgaria, have surged by 200%, rising from an average of €715 per square meter in 2015 to more than €2,100 at the beginning of 2025
Bulgaria's real estate market has seen a notable uptick since the beginning of 2025, with housing prices increasing by approximately 6%
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase