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.
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
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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