S&P: Bulgaria on Track to Join Eurozone in 2026 Despite Governance Shortcomings
Despite lingering issues with corruption, public procurement oversight, and energy market liberalization, Bulgaria is still expected to join the eurozone next year
Real estate prices in Bulgaria continue to climb, according to property brokers, with experts predicting that the trend will persist in the coming years. Housing prices are expected to be significantly higher in five years than they are currently.
The main driver of this price increase is the fact that property prices in Bulgaria are still relatively low compared to most European countries. As a result, experts believe that prices will continue to rise in order to align more closely with those in more economically developed nations. Additional factors contributing to this upward trend include rising incomes, favorable interest rates on loans, and the higher number of property buyers compared to sellers.
Many individuals with substantial financial resources have invested in real estate, often purchasing multiple properties—sometimes more than two or three. A significant portion of these properties is being rented out, while others are held by owners in anticipation of further price increases. These properties typically enter the market if the owner needs funds or wishes to reinvest in another venture, such as expanding their business.
The upcoming adoption of the euro in Bulgaria starting January 1, 2026, is stirring debate across society. Beyond political disagreements
Sofia continues to dominate Bulgaria's housing market, securing the top spot for the third consecutive year in the construction of large residential properties.
In Sofia, the majority of home buyers are leaning toward new construction properties
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
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