Housing Prices Rise in Sofia, but Affordability Improves
Housing affordability in Sofia has improved since the pandemic, making it one of the few capitals in Central and Eastern Europe (CEE) to experience this positive trend
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Business » Properties
Real Estate Market in Sofia Remains Active at the End of 2024
The real estate market in Sofia continues to show growth, with a 10% increase in sales compared to the previous year.
Two Bulgarian Cities Shine in Europe’s Budget Housing Rankings
Two Bulgarian cities, Plovdiv and Burgas, have been ranked among the most affordable locations for purchasing homes in Europe
Why Buying a Home in Sofia May Be More Cost-Effective Than Renting
The decision to buy or rent property in Bulgaria's major cities, particularly Sofia, is influenced by various factors, with real estate experts suggesting that buying remains more advantageous than renting in the long term
Strong Credit Activity and Rising Incomes Drive Up Housing Prices in Bulgaria
In the second quarter of the year, the housing price index in Bulgaria increased by 15.1% year-on-year, slightly lower than the 16% rise in the first quarter
Sofia Office Market: Growth in Rental Rates as New Developments Lag
Sofia's office market has experienced moderate rental activity over the first nine months of this year
Rent Consumes 45% of Minimum Wage in Bulgaria, Reflecting EU-Wide Housing Struggle
A recent analysis from the European Institute of Trade Unions, highlighted by the European Confederation of Trade Unions, reveals that
Strong Demand and Price Growth Characterize Bulgaria's Property Market
The Bulgarian real estate market has seen a notable increase in both prices and transaction volume in the past quarter
New Trends in Bulgarian Real Estate: Larger Homes in High-Demand Areas
The Bulgarian real estate market has remained stagnant, reflecting last year's levels
One in Three Bulgarians Live in Overcrowded Homes
Approximately one-third of residents from third countries in the European Union (EU) are living in overcrowded conditions,
Housing Loans in Bulgaria Surge by 25.9%, Reaching BGN 23.6 Billion
Housing loans in Bulgaria have continued to grow rapidly.
Registered Construction Companies in Bulgaria Surge to Nearly 7,500, Led by Small Firms
The registered construction companies in Bulgaria have reached nearly 7,500 for the first time.
Sofia's Rental Market: Preferences for Furnished Homes in Prime Locations
Tenants in Bulgaria are increasingly seeking furnished apartments in newly constructed residential buildings
Only 1.5% of Bulgarians Experience Housing Challenges
In 2023, around 4.9 percent of residents aged 16 and older in the European Union reported experiencing housing difficulties, defined as lacking a permanent home and relying on temporary accommodation
Sofia's Slatina District to Welcome New 75-Meter High-Rise Development
Two new buildings, each 75 meters tall, are set to be constructed in Sofia's "Slatina" district
Bulgaria Sees Significant Property Price Growth, Ranking Second Globally in 2024
Property prices in Bulgaria continue to experience significant growth, with data from the National Statistical Institute
Unexpected City Takes Lead in Housing Price Increases in Bulgaria
The steady rise in housing prices in Bulgaria is no longer surprising, but what is noteworthy is a shift in the cities experiencing the fastest increases
Bulgaria's Real Estate Market: 199 Salaries Needed for a 100 sq.m. Apartment
In Bulgaria, purchasing a 100 sq.m. apartment requires the equivalent of 199 monthly salarie
New Bulgarian Loan Restrictions Take Effect, Impacting Homebuyers
Starting today, new restrictions imposed by the Bulgarian National Bank (BNB) on housing loans will take effect
Bulgaria Tops European Housing Rankings with 668 Dwellings Per 1,000 People
According to the latest Global Property Index from international consulting firm Deloitte, Bulgaria boasts the highest number of dwellings per 1,000 people in Europe, with 668 homes for every 1,000 citizens
Price Gap Widens Between New Builds and Panel Homes in Sofia
The price gap between newly constructed homes and panel buildings in Sofia has reached approximately 400 euros
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