Market Trends

BulgariaOffer prices for residential properties in EUR per sq.m.(September)* District Panel Large-surface shuttering Brick-made New building Sofia

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The real estate market in Bulgaria is yet to develop. There might be certain fluctuations on some segments or in some areas (like vacation villages), but these cases will be local and isolated. The market will witness years of growth, according to Rosen Plevneliev, Lindner

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Prices of property in Sofia will remain stable, while quality of construction and additional services offered will increase. Property purchasers are also to become more demanding. The property market in Sofia enters a ‘more mature’ phase, Colliers International

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Bulgaria is seeing impressive retail growth, with foreign companies entering the market joining the already thriving domestic firms. Shopping culture is changing in the country as the competitive and fast-growing environment encourages companies to offer different retail

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Average price levels of residential properties on the middle market in Sofia remained the highest in the country last year, standing at BGN 1341.8/m2, data of the National Statistical Institute shows. This marks an increase of 9.8% as compared to the previous year. The Black Sea

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In another observable trend, the number of Russian buyers in Bulgaria doubled last year. Most of them are buying upscale properties in the central part of settlements on the Black Sea. Buyers and sellers seem to have changed their criteria for "expensive". Last year

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After the massive foreign interest in property investment and construction in Sofia, non-Bulgarians are starting to move their interests to other areas of the country. They will soon be aided by current and correct cadastral maps, which provide an inventory of the area of a

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Bulgaria is currently the European property investment hotspot. Prices are rising steadily at 30% per annum and are expected to leap forward when the country becomes a full member of the EU in 2007. Bulgaria is a truly remarkable country with a varied terrain. Not only can it

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SOFIA PRICES (EUR/sq.m)   Area Studio 1-bedroom 2-bedroom

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As of the end of 2005, the Bulgarian Property Market is continuing to grow in line with expert forecasts. During the first quarter of this year, growth stood at an impressive 10.6 percent. If as predicted, growth continues at this rate into 2006, the property market can expect

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