In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real Estate Association President Dobromir Ganev said in an interview with the Bulgarian National Radio.
In Sofia, the number of transactions in 2024 saw a 10% increase. The number of transactions in Varna and Burgas increased with 6% and 21% respectively. According to the expert, income growth, internal migration, low interest rates and limited supply are the factors contributing to the continued rise in property prices.
In Bulgaria, purchasing a 100 square meter apartment requires 199 average monthly salaries, in Greece 228, in Slovakia almost 300 and in Turkiye over 600 salaries, according to a comparative analysis by the platform VestBrokers.com. In Denmark, a new 100 square meter home can be purchased with 114 monthly salaries and in Ireland and Sweden, it can be bought with 123 and 129 salaries respectively.
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
Bulgarians are consuming less bread, cheese and vegetables, but more fruit, according to the latest data from the National Statistical Institute on..
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