Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
File photo.
Bulgaria remains relatively stable in terms of the most desired second homes purchase destinations for British citizens.
In end-June, Bulgaria occupies the 11th place in the ranking of the online portal TheMoveChannel.com after the country has managed to reach 10th place twice in 2014, Investor.bg reports.
For the first time Poland has reached the top 10 in the international ranking. The country occupies the 10th position in June, which is the highest position in the ranking that a Central European country has landed so far.
The United States remains the most desired destination for Brits buying property abroad. Spain has returned to the second position in the ranking, followed by France and Portugal. The fifth position is occupied by Brazil.
The strongest increase was observed in the demand for holiday homes in the United Arab Emirates in June. According to the online portal, the interest of the British customers in the country continues to grow.
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
As Bulgaria enters its first full year in the eurozone, the real estate market in Sofia begins 2026 with a shift from rapid, speculative growth to more stable, needs-driven demand.
Choosing between renting and buying a home is a decision that goes far beyond personal preference.
Bulgaria is entering a new phase in its housing market, with analysts predicting the end of the “panic” buying that fueled double-digit price increases in 2024 and 2025.
House prices across the European Union continued to rise steadily in 2025, according to the latest figures from Eurostat
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