Polina Stoykova

Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone. The bustling market in Sofia, Bulgaria's capital, kicked off 2023 with a noticeable decline in transactions, hovering around 14%.

In 2020 the purchases of houses in the countryside have increased by 20 percent in Bulgaria. The interest in rural properties is not new to the home market, but is growing because of the pandemic, and real estate brokers expect the trend to persist in 2021 and coming years, informs Trud daily.

It is natural for the villages near the big resorts to attract the interest of the buyers with their low prices. This is what the Executive Director of Bulgarian Property Agency Polina Stoykova said.

Prices of real estate property in Sofia have gone up by EUR 100 per sq m since the beginning of the year until October, announced Polina Stoykova, Executive Director of Bulgarian Properties.

According to data of the agency, prices of real estate have increased to EUR 900 per sq m in the third quarter, compared to EUR 800 per sq m in the beginning of the year.

A significant rise in sales, a sustained upward trend in prices and great interest in newly built homes have marked a strong start to the housing property market in Sofia in the first quarter of 2016, a Bulgarian real estate agency has said.

The average price of sold apartments in Sofia has increased in the fourth quarter of 2015, exceeding EUR 800 per square meter for the first time since 2011, the Bulgarian Properties company has announced.

Real estate prices in Bulgaria's three biggest cities after Sofia have shown sustained recovery in the third quarter of the year, Bulgarian Properties said on Thursday.

Housing prices in Bulgaria's capital Sofia have risen by 6% on the year in the first nine months of 2015 and the number of closed property deals has increased by 20% over the same period, according to data of Bulgarian Properties real estate agency.